NZD/CADبيع
NZDCAD - Sell
Detailed analysis
1- Price is in a downtrend on the 4H so we should be looking to sell
2. The bank has done a Stop hunt/liquidity hunt ie taking out stop losses (See where I marked X) from previous sells
2. Price has retraced to the 50% Fib (If SL is hit and it goes to the 61.8% we may look to re-enter. the sell from there)
2. Price always has to rebalance itself
- It has rebalanced the wick (see yellow circle on left)
- it has rebalanced 50% of the Institutional bearish candle
3. Confluence - there is confluence between the 50% Fib and Stucture
TPs are based on structure. Tp4 is based on a possible liquidity hunt of buyers SLs (ie. Stop Hunt)
1- Price is in a downtrend on the 4H so we should be looking to sell
2. The bank has done a Stop hunt/liquidity hunt ie taking out stop losses (See where I marked X) from previous sells
2. Price has retraced to the 50% Fib (If SL is hit and it goes to the 61.8% we may look to re-enter. the sell from there)
2. Price always has to rebalance itself
- It has rebalanced the wick (see yellow circle on left)
- it has rebalanced 50% of the Institutional bearish candle
3. Confluence - there is confluence between the 50% Fib and Stucture
TPs are based on structure. Tp4 is based on a possible liquidity hunt of buyers SLs (ie. Stop Hunt)
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.