Trade idea - NZDCAD Long

Jul 18

4H
Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit.

0.75% risk.

Jul 18

Note

MONTHLY
Inverse Head & Shoulders pattern potentially in play.

Clear support & resistance zone is there.

Jul 18

Note

WEEKLY
Bullish FO Flag pattern can be there.

Clear support & resistance zone.

-27 Fibonacci has been completed.

Jul 18

Note

DAILY
Bullish impulse / engulfing candle: indication.
Still trending down making LLs / LHs.

Inverse Head & Shoulders pattern: confirmation.

Clear support & resistance zone is there.

Jul 19

Trade active

Jul 19

Trade closed: stop reached

-1%