My first for Forex, NZDCAD
Updated
Welcome to my first analysis, !NZDCAD is a pretty simple setup
---> RSI making lower low
----> price making lower high.
im expecting a retrace to about 0.901xx for initial target and 0.899x for the next. if it achieves that we shall take it from there.
(( seems to be making some sort of a diagonal ))
---> RSI making lower low
----> price making lower high.
im expecting a retrace to about 0.901xx for initial target and 0.899x for the next. if it achieves that we shall take it from there.
(( seems to be making some sort of a diagonal ))
Note
the stop loss was HIT. TOOK profit early on two positions out of 4 at 0.9038 and 0.09046. had moved stop for one at break even and the other one same as before.
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.