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forexjunkie33
Sep 23, 2016 12:53 PM

TC Trade USD/CAD 1hr chart Short

FX:NZDCAD60
New Zealand Dollar/Canadian DollarFXCM

Description

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Due to the recent news this pair has retraced back up into previous structure which gives us the chance for a short opportunity, with great Risk/Reward Ratio

Entry was at 0.9528

Stops are at 0.9565

Target 1 is at 0.9465 ( previous structure)

Target 2 is at 0.9380 (0.786 fib level)

Trade active

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Trade closed: stop reached

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