Supply and Demand: NZD/CAD Long
Re-entry Trade
Low risk applied
-Zone- Daily trend break made a supply zone
-Stacked with the weekly zone
-Limit order set at the valid 4hr Star Pattern
Why low risk?
-Aggressive entry
-Price still showing clear down trend at the 4hr,
-Respecting 50 EMA
Why entered?
-All confirmations aligned
-Valid zone, valid pattern, fresh zone.
-At the Daily Chart, price has been decelerating as it is approaching the zone.
Low risk applied
-Zone- Daily trend break made a supply zone
-Stacked with the weekly zone
-Limit order set at the valid 4hr Star Pattern
Why low risk?
-Aggressive entry
-Price still showing clear down trend at the 4hr,
-Respecting 50 EMA
Why entered?
-All confirmations aligned
-Valid zone, valid pattern, fresh zone.
-At the Daily Chart, price has been decelerating as it is approaching the zone.
Transaction en cours
Trade fermée manuellement
Price is still a few pips away before hitting the TP, but looking how the price is slowing its momentum and it's reaching the previous significant high from the daily and 4hr chart, I decided to close the trade with 1:2.8 RTrade fermée: cible de profit atteinte
Publications connexes
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.
Publications connexes
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.