NZDCAD - Big short sell opportunity finally ready
Like my forecast before, I’m still waiting for a short opportunity on NZDCAD. After waiting for a several weeks, the short opportunity haven’t present it self to us. Now,.. Looks like it finally ready.
NZDCAD is on the top area of HTF structure while forming an ascending channel while approaching this area. Now, the price has broken back below the ascending channel. In addition, it’s now breaking a small H1 bearish continuation flag to confirm this move to the downside.
I’m taking a short entry here, with SL above the flag, and target up to 0.86000 with so much more potential to be seen later.
Lets see how will this pair play out,.. Good Luck
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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NZDCAD is on the top area of HTF structure while forming an ascending channel while approaching this area. Now, the price has broken back below the ascending channel. In addition, it’s now breaking a small H1 bearish continuation flag to confirm this move to the downside.
I’m taking a short entry here, with SL above the flag, and target up to 0.86000 with so much more potential to be seen later.
Lets see how will this pair play out,.. Good Luck
__________________________________________________________________________________________________________________________________________________________________
Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
__________________________________________________________________________________________________________________________________________________________________
Trade active:
Trade Active now..
Comment:
More than 3 % running on this trade,.. i move sl to 0.90570 to secure some profit
Comment:
This pair almost hit 1st target at 90% rule, and now start to loosing momentum. I trail my sl to 0.90250, locking 2.6 % profit..
Trade closed manually:
Manual close at + 3% as it seems starting to lossing momentum and can reverse soon..