NZDCAD BUY TRADE IDEA - BREAK OF STRUCTURE & WEEKLY ICI
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Monthly, Weekly, & Daily is bullish. We go on the weekly where we can see that we have an ICI to the upside and a major support structure where the market has tested it multiple times before, we are expecting it to retest the support before it continues to the upside. Dropping on the 4H time frame, we are waiting for the MACD to be above the 0 and EMAs are already cut for long, our entry is at the structure and stop loss is below structure and last low, our take profit is at the impulse of the weekly.
Trade Signals
BUY
Entry: 0.88063
Take Profit: 0.90044
Stop Loss: 0.87416
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
Monthly, Weekly, & Daily is bullish. We go on the weekly where we can see that we have an ICI to the upside and a major support structure where the market has tested it multiple times before, we are expecting it to retest the support before it continues to the upside. Dropping on the 4H time frame, we are waiting for the MACD to be above the 0 and EMAs are already cut for long, our entry is at the structure and stop loss is below structure and last low, our take profit is at the impulse of the weekly.
Trade Signals
BUY
Entry: 0.88063
Take Profit: 0.90044
Stop Loss: 0.87416
Good luck!
Trade wisely, please do proper money management.
~FX_SHIFTER
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