botje11

NZDCAD, scalp and swing trade

Short
botje11 Updated   
OANDA:NZDCAD   NZD/CAD
Looks like it is against a big resistance again. On the right, as long as we stay below that red resistance, it suggests the high is already set as well. I am going to do 2 trades here, a scalp (chart on the right) and a day/swing trade. Both different stops but almost the same. Both have a good R/R, especially the bigger trade so worth the risk at this spot


Previous analysis:
Comment:
I just closed this one (for the copy trading). Looks like it doesn't want to drop. I will keep the swing trade at break even +-

Comment:
Based on this bounce we just had, we should see an ABC wave now. On the right you can see another example which i showed in my channel a few days ago (upfront like this one).


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