NZDCAD Bearish Reversal Opportunity

8월 28일

NZDCAD is near a key resistance zone. A potential Bearish reversal may occur if the price action breaks the previous Higher Low.

Bears may eventually face a strong support zone around 0.814 till 0.806. If this zone breaks, chances of TP2 will increase.

Trade Plan:
4Hr Time Frame
Entry @ 0.83340
Stop Loss @ 0.84350
TP1 @ 0.8233
TP2 @ 0.8132
No. of Trades: 2

Move Stop Loss to Break even if TP1 hits.