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NZDCAD- Bearish Momentum On The Reversal Of The Supply Zone!

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators NZDCAD nzdcadshort Technical Analysis reversalpattern Fibonacci Retracement sniperentry bearishmomentum swingtrading
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trendanalysis chartpattern indicator nzdcad nzdcadshort technicalanalysis reversalpattern fibonacciretracement sniperentry bearishmomentum swingtrading
-Very good opportunity to sell at the supply zone which is in confluences with the 38.2% level.
-The Ema is above price suggests Medium term bearish momentum on the pair.
-Price previously broke the ascending channel which is also another indication that price could retest the supply zone and then we could start to see bearish momentum for this pair.
Wait for price to reach the zone and look for bearish candlestick formation to enter this pair.
Pesanan dibatalkan:
The trade went the opposite way.
Penafian

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