NZDCAD

NZDCAD

2 August 2017, 22:11
Vlad Brykin
0
82

NZDCAD has formed a new bearish AB leg on the 4HR time frame. There is CSI confirming trend reversal and I will be looking for price to retrace to the supply zone around the 61.8% Fibonacci area where we can see a supply zone. Should there be CSI supporting a reversal to the downside, I will enter on previous resistance (red line).

Entry: 0.95240

Stop Loss: 0.97240

Take Profit: 0.92570