Sell #NZDCAD Plan

First Entry was at 0.85620
Second Entry is pending order at 0.8570
Stop is at 0.8587
Target is at 0.8531

I have 5 reasons to sell NZDCAD for a daytrade.

1. Currency Strength Meter CAD is strong NZD is Week
2. Trendline Support
3. Support Zone Intraday
4. Market Profile from yesterday
5. Bearish Divergence Signal

The Rules:
If second entry is activated then the target for first entry is at breakeven and the target for second entry is at main target
Also if the second entry is activated and price reaches the level of first entry then move stoploss of second entry to breakeven.


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The trading strategy is fully explained in video below/i]
Chart PatternsTechnical IndicatorsNZDCADTrend Analysis

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