NZDCAD: Watching for Bullish Setup After Key Zone Test
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NZDCAD is approaching a potential setup, but price has not yet reached the key highlighted area. Here’s my plan:
1️⃣ If price pushes into the pink highlighted resistance zone, I’ll wait for a pullback to validate the setup.
2️⃣ Once price pulls back and holds a key support level, I’ll look for a bullish confirmation to go long.
This setup allows me to enter at a better risk-to-reward ratio while confirming buyer strength. Patience is key—I’m waiting for price to meet my criteria before taking action.
Mindset Tip:
In trading, waiting isn’t passive—it’s preparation. Let the market come to you and validate your plan before making a move.
1️⃣ If price pushes into the pink highlighted resistance zone, I’ll wait for a pullback to validate the setup.
2️⃣ Once price pulls back and holds a key support level, I’ll look for a bullish confirmation to go long.
This setup allows me to enter at a better risk-to-reward ratio while confirming buyer strength. Patience is key—I’m waiting for price to meet my criteria before taking action.
Mindset Tip:
In trading, waiting isn’t passive—it’s preparation. Let the market come to you and validate your plan before making a move.
Pesanan dibatalkan
Price did not reach 0.82695 before pulling back. If price moves up to touch this level without breaking 0.82253, then bullish potential is still valid but we will circle and re-evaluate bias if that does happen, cancelled for now. 
Penafian
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