✍️ NOVA hello everyone, Let's comment on NZD/CAD price long-term trend
🔥 Identify:
D1 - long-term time frame shows that the price is following the Uptrend line - touching the trendline. wave 5
🔥 Technically:
Based on the resistance and support areas of the NZD/CAD price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: 0.82500 - 0.84000 - 0.85500
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest