NZDCAD Short - FVG SMC Orderblock

7 ก.พ.

📉 NZDCAD Short Trade Setup - Observing FVG SMC Orderblock

🔍 Technical Analysis:

NZDCAD presents a potential short opportunity as it nears the FVG SMC Orderblock.
Historical analysis indicates this zone has served as significant resistance.
Monitoring for bearish signals to confirm entry.
📊 Trade Plan:

Entry Point: Consider short position upon rejection or bearish confirmation within the FVG SMC Orderblock.
Stop Loss: Place above recent swing high to manage risk.
Take Profit: Targeting support levels or prior lows.
🚨 Risk Management:

Employ sound risk management strategies.
Stay updated on economic events impacting NZD and CAD.
📈 Disclaimer:
Not financial advice. Perform own analysis. Trade responsibly.

👉 Note: Stay vigilant for real-time price movements and adjust strategy accordingly.

Happy Trading! 🌐💹