How Far Will It Fall?
Aug 14, 2020 at 17:02
677 Views
6 Replies
Biedrs kopš
2 ieraksti
Aug 14, 2020 at 17:02
How long would you estimate NZD/CAD 1Day Candle will continue to fall?
https://www.myfxbook.com/forex-market/currencies/NZDCAD
I bought it yesterday to sell and it was up today. I'm using the T3 Moving Average Cross System.
Thanks for your input.
https://www.myfxbook.com/forex-market/currencies/NZDCAD
I bought it yesterday to sell and it was up today. I'm using the T3 Moving Average Cross System.
Thanks for your input.
Biedrs kopš
298 ieraksti
Aug 18, 2020 at 12:03
This pair is in downtrend. In trend market you can hold a position against the trend. First you should consider the trend of pair. This pair still has room to fall, though nothing is certain.
Biedrs kopš
10 ieraksti
Aug 18, 2020 at 12:23
The fall is over. The move down has stalled. Prices will increase over the next few weeks
Biedrs kopš
49 ieraksti
Aug 27, 2020 at 22:26
Only on the technicals: The month is ending, so you might be looking at a bit of a pullback before the new month. Definitely not a buy until it breaks .88 . A lot of room down to .84/.85 . I'd assume sells are valid, but wouldn't take a position until it closes below .868
Biedrs kopš
49 ieraksti
Aug 29, 2020 at 02:36
Well, the market answered your question today lol
Biedrs kopš
2 ieraksti
Aug 30, 2020 at 13:38
Thank you for all the replies. I got out a couple of days after I bought in. I wanted to stay in longer, but that wasn't happening...🙃
Biedrs kopš
34 ieraksti
Oct 08, 2020 at 10:44
Nothing can be predicted for certain. A lot of experts though are of the view that the downward trend is over.
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