We have a long held trend line in NZDCAD. waiting for a breakout. if breakout occurs, you can either wait for a pull back or sell immediately depending on your trading style. Liability Disclaimer : All trades posted here are my personal view of the market. If your planning to use them as signal, do your own research first and you are responsible for your own...
NZDCAD Long Term Short I want to invite everybody to discuss this pair and make some pips!
Reversed at turncoat area, heading down now with a broken trend line. we may or may not have a pull back to retest the trend line, SL should be in Turncoat area, TP not given, you should monitor and watch for price action.
Based on AB=CD And Gann Analysis, It's a potential short position for 300 pips. In a lower time-frame (240/4hr) there is a move confirming a short position also. TP & SL are mentioned in the chart. Good Luck.! * This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.
My apologies should of uploaded chart sooner, I got my entry at 0.94945, its not to late to jump on the movement!
You judge!!! No more words to describe!!!
NZDCAD - it's been a struggle for NZD to rise but yet I am still holding my long :) I decided to post all my trades today, 'am not sure why :) Happy trading! Dr.