NZD/CAD seems to be ready to dump, I sold around 8083 with the short target of 7960 which in this case a lower low.
If price breaks 4h structure to the upside I will add another sell on 8170 to profit from with a possible retest of the 8083 area where I will close my
short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage this trade as price moves.
If price breaks 4h structure to the upside I will add another sell on 8170 to profit from with a possible retest of the 8083 area where I will close my
short positions. Either way, I make money. Make sure to follow this idea, I will keep posting how I manage this trade as price moves.
Trade closed: target reached:
As I wrote in my previous analysis price dumped to the 8040 area and I closed my short position from 8085 in 40 pips profit.
As I wrote in my previous analysis price dumped to the 8040 area and I closed my short position from 8085 in 40 pips profit.
She broke to the upside now I'll wait for a retest of 8040 area and close my short position or if price continues moving up I will add another short position on 8170 and try to ride it to 8080 where I will close all my short positions and profit.