NZDCAD is now at day resistane
Updated
Hi guys..
NZDCAD is now at day resistance.
You may sell here around 0.94250 or put sell limit at 0.94450 (last high of previous day candle)
TP1 : 0.93200
If day finally break 0.93200 and not going back to bullish trend line you can wait for TP2
TP 2 : 0.92454
Stop loss : when day candle close above 0.94600
as we see NZDCAD is vey bullish and today we have CAD news pls beware of fakey bar which happens a lot to CAD pairs ;)
stop loss is quite tight so its worth the risk! good luck!
NZDCAD is now at day resistance.
You may sell here around 0.94250 or put sell limit at 0.94450 (last high of previous day candle)
TP1 : 0.93200
If day finally break 0.93200 and not going back to bullish trend line you can wait for TP2
TP 2 : 0.92454
Stop loss : when day candle close above 0.94600
as we see NZDCAD is vey bullish and today we have CAD news pls beware of fakey bar which happens a lot to CAD pairs ;)
stop loss is quite tight so its worth the risk! good luck!
Note
Note
though I said beware of fakey bar but as CAD is CAD lol ...it reached our stop loss (just a little) and started to go down..
lets wait and see if it bounces not higher than the previous high (around 0.9520) then we can go sell this naughty pair again with the target around 0.9300 - 0.93500.
better provide wider stop loss for CAD pairs next time! ;)
Trade closed: target reached
yeahhh target hit finallyyy !!!
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