NZD/CAD Possible Scenarios by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸 Price is facing the Resistance Zone.
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🔸 The Bullish Scenario will be active if the zone is broken to the upside, and the potential target is the Resistance Zone at 0.87000.
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🔸 The Bearish Scenario will be active if price bounces at the Resistance Zone, and the potential target is the Support Zone at 0.83000.
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🔸 Will look for a lower timeframe setup once the direction is clear.
🔸DAILY CHART ANALYSIS:
.
.
🔸 Price is facing the Resistance Zone.
.
🔸 The Bullish Scenario will be active if the zone is broken to the upside, and the potential target is the Resistance Zone at 0.87000.
.
🔸 The Bearish Scenario will be active if price bounces at the Resistance Zone, and the potential target is the Support Zone at 0.83000.
.
🔸 Will look for a lower timeframe setup once the direction is clear.
🔸DAILY CHART ANALYSIS: