JDchart

My first for Forex, NZDCAD

Short
FOREXCOM:NZDCAD   New Zealand Dollar / Canadian Dollar
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 ))
Comment: 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.

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