Callumgt

NZD/CAD FIBONACCI FULFILLED!!

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
61 views
1
lots of confluence for a short trade. price broke the trend line but failed to retest and continue before rallying to the upside. eventually bears took back control and forced price back down to break the trend line , we had the retest and continuation but I missed that trade entry. As I was doing my analysis on Sunday I noticed a potential Fibonacci set up. As you can see from the candlesticks there was bearish momentum and the shooting star gave me my entry. price fell with lots of momentum to hit my -0.27 fib extension level to the PIP!! before closing above my key support level .

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