NZD/CAD Channel play
Even though NZD/CAD is in a Longterm bearish trend we are currently trading along the lower trendline and short term charts are overextended to the downside. Signifying a high potential for a quick bounce.
Stop will be with 1HR close under trendline (Will look for re-entry if happens)
Good risk to reward ration for a quick play leading into this afternoon.
Stop will be with 1HR close under trendline (Will look for re-entry if happens)
Good risk to reward ration for a quick play leading into this afternoon.
Transaction en cours
Profit Goal Adjusted to 0.82546
Stop remains the same. Expecting a retest of short term support here soon. Once that happens I will readjust stop to profit / Break Even point
Trade fermée manuellement
Trade closed at small profit after stop was moved slightly above entry. Will look for another entry either if we make a higher low on shorter time frames OR we progress closer to the bottom trendline again.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.