Roker1
做多

6 clues why i think NZDCAD could go higher

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Hey guys,

i've written down some of the key reasons i'm willing to long this market. First, we have a daily Bat pattern that's been completed but that never reached its target level (nor broke the X point) therefore it's still valid. At that level we also have a daily structure (yellow box) that could act as support again. Ultimately, in the daily chart we can see some long wicks to the bottom together with an engulfing pattern showing some buying strength. This engulfing is also represented on this chart (4H) in the form of a rally that broke into new highs in the recent days, right after a double bottom . Given the case, it's a nice opportunity to trade the 2618 strategy that consists on buying/selling the 618 Fib retracement of the leg that breaks the double top/bottom's neckline.
Stops below the lows, targets as shown up here.

If you have any idea/comment, let me know.
Otherwise, see you in the next chart!

P.S. Sorry for the last 2 weeks without a videoanalysis but i was very busy. I'm sure i'll be back next week!
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw
ZH 简体中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 繁體中文
AR العربية
HE עברית
首页 股票筛选器 外汇筛选器 加密货币筛选器 财经日历 如何运作 图表功能 网站规则 版主 网站 & 经纪商解决方案 插件 图表库 功能请求 博客 & 新闻 常见问题 帮助 & 维基 Twitter
个人资料 个人资料设置 账号和账单 我的支持通知 联系支持 已发表观点 粉丝 正在关注 私人消息 聊天 退出