CollegeofPips

NZD/CAD Is About to Reverse 💡

LĂ„ng
OANDA:NZDCAD   NZD/CAD
📈 NZD/CAD | Potential Upward Movement

💡 Buy Limit Order @ 0.88359

🎯 Target Profit 0.88820

🛑 Stop Loss 0.88128

❌ Do not risk more than 1% of your account on each trade


Description:
The price found buyers around the 61.80 % Fibonacci retracement level after managing to break the bearish channel pattern. This shows that the buyers are taking control of the market and might push to the upside which is the opposite direction of the current trend.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders đŸ‘„
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠ ------------------------------------------------------------------------------------------------
🙂 Good Luck!

FrÄnsÀgelse av ansvar

Informationen och publikationerna Àr inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av rÄd eller rekommendationer som tillhandahÄlls eller stöds av TradingView. LÀs mer i AnvÀndarvillkoren.