NZDCAD Bullish Continuation

13 août

NZDCAD has turned bullish, currently forming an ascending triangle, a continuation pattern indicative of further upward momentum. The price has broken above the previous high, signaling strength in the trend. A buying opportunity may present itself upon a retest of the breakout level, where the previous resistance could act as new support. Traders should consider entering on confirmation of support, with stop-loss placement below the support level and targeting the next resistance or the measured move based on the pattern’s height.

19 août

Trade fermée: ordre d’arrêt atteint

SL hit.

29 août

Note

Stoploss should have been a bit wider as important news was insight.