joshhjay

NZD CAD Long Pending

Long
joshhjay Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Looking for a good entry on the NZD CAD pair here with ABCD completing on H1 - Completed on H4

Got good support at current levels, we want to see some rejection around the bottom of the PRZ and hopefully we get that at the SL, then we can have very good risk to reward trade.

I am expecting it could test the whole of the PRZ here, what're your thought?
Comment:
In - don't mind sacrificing a few pips for what looks to be a great trade.
Comment:
40 Pips for 130 pips

Had a very good month last month at %140 so lets go!
Trade active
Comment:
H4 looks like we are seeing a bit of rejection at this level -

could be a turning point in the early hours of asian market
Comment:
Looks like we have seen reversal and now on the way up nearlly half way to TP -

Once we see some support come around the 0.89000 level we will look towards moving our stop loss up to entry so we can make this trade risk free.
Comment:
I apologise, support around 0.83000 - this was a mistake.
Trade closed manually:
I have closed my trade. We went straight up and much faster than I anticipated so I have secured my money and taken it out of the market.

90 pips on this trade, which takes me to 200 this week. If I see a good opportunity I will be on it other than that I’m done for the week

New to trading view so be sure to give a follow!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.