tommydogfx

NZD/CAD POTENTIAL LONG TRADE.

Long
OANDA:NZDCAD   NZD/CAD
I CAN SEE A POTENTIAL REVERSAL JUST AFTER THE INVERTED HEAD AND SHOULDERS... SIGNALING THAT VOLUME MIGHT PUSH BACK TO A BULISH POSITION. ALSO I CAN SEE SEE MY VOLUME INDICATOR IS SHOWING SHARP TICKS UPWARD, TELLING ME THERE IS BUYING POWER IN THIS TRADE. AT THE MOMENT MY TRUE RANGE IS NOT SHOWING OVER BOUGHT AND ITS CURRENTLY HOVERING AROUND 36.56... I WOULD LIKE TO SEE SOME EXHAUSTION AGAIN BEFORE A PUSH TO THE UPSIDE, MY TAKE PROFIT WILL SIT JUST AROUND THE LAST PRICE TEST FOR A NICE SHORT NEAT TRADE. (JUST AN IDEA) =}
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