NZDCAD Long: Another solid setup on Daily
https://www.tradingview.com/x/WuxO0eoh/
NZDCAD was a trade I took long about 8 hours ago.
In the old days, when I would break every trading rule and chase the market, I would've done that this morning, but then I realised price is going to pull back for my entry after I analyse it's chart for at least 10 minutes.
It has recently pulled back to about a 50% Fib retracement,
NZDCAD was a trade I took long about 8 hours ago.
In the old days, when I would break every trading rule and chase the market, I would've done that this morning, but then I realised price is going to pull back for my entry after I analyse it's chart for at least 10 minutes.
It has recently pulled back to about a 50% Fib retracement,
Trade active
Trade is so bullish because price reversed with support of the 200EMA which is currently indicating that the uptrend should continue for AUD Long. The 200EMA is underneath price which is very good for this trade.Trade active
BUY NZDCAD
Pay up to 0.8340
SL:0.8325
TP: Advised.
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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.