shepherdduane

ACCURATELY TRADING UPTREND CHANNELS ON THE NZD CAD

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
This Video looks at the trading opportunity that could present itself on the 4 Hour of the NZD CAD.

1. Uptrend Channel Formed.

2. Now at Support.

3. Needs a Strong Bullish Signal.

4. Would trade to Resistance of Channel.

5. Trade would be in sync with the overall Uptrend of the Daily Chart

6. Always better to trade setups that are in sync with the Market Direction of the Daily Chart.

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