New Zealand Dollar/Canadian Dollar
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מעודכן

NZDCAD Pay attention to Fresh supply and Fibo 382

I was able to find the pattern of this pair, create new low, retrace to 382 then down toward next extension 1.618 and it has been 3 retracement to 382 with one extension completion.
More to come. So every pullback we need to pay attention to fresh supply level and Fibo 382
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תמונת-בזק

that what we need to pay attention
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תמונת-בזק

Whoever take this trade, should secure by dropping your SL
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price has made new low again
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תמונת-בזק
If you follow the movement until extension, it has reached target extension and we can see price pull back, if it making good pullback again, we will look for another entry
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it seems that no more extension as of now for this pair downside
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תמונת-בזק

EMA reaction shows that more downside is expected

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