New Zealand Dollar/Canadian Dollar
Short
Updated

Sell NZDCAD

46
NZDCAD - On the weekly we see that the price touched a resistance zone.
The price also failed multiple times to break higher. The last candle left a nice wick, which give us a sell signal.
The entry is below this last doji candle. We are looking for another zone to the downside, which is around 0.894.
SL needs to be placed above the weekly doji. I am going to sell it with 1% risk. My entry was 0.91828
SL - 0.93439
TP - 0.89408
Trade closed: target reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.