📈 NZD/CAD | Potential Upward Movement
💡 Buy Limit Order @ 0.88359
🎯 Target Profit 0.88820
🛑 Stop Loss 0.88128
❌ Do not risk more than 1% of your account on each trade
Description:
The price found buyers around the 61.80 % Fibonacci retracement level after managing to break the bearish channel pattern. This shows that the buyers are taking control of the market and might push to the upside which is the opposite direction of the current trend.
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Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------------------
🙂 Good Luck!
💡 Buy Limit Order @ 0.88359
🎯 Target Profit 0.88820
🛑 Stop Loss 0.88128
❌ Do not risk more than 1% of your account on each trade
Description:
The price found buyers around the 61.80 % Fibonacci retracement level after managing to break the bearish channel pattern. This shows that the buyers are taking control of the market and might push to the upside which is the opposite direction of the current trend.
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------------------
🙂 Good Luck!
