Set-up: consolidation in a range (0.8900-0.9250) after a sharp movement on the daily chart.
Inability to break the support level at 0.89 on a second test.
Idea: Long NZD/CAD from the support level at 0.89000 in anticipation of a false breakout and a consecutive price increase.
Stop loss level: 0.87900
Exit plan: close the position before stop loss level should...