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NZDCAD Long Play 1:2RR
NZD/CAD
Long
NZDCAD Long Play 1:2RR
By DonDeesker
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Apr 6, 2021
1
Apr 6, 2021
Hi traders,
A really nice play has developed on NZDCAD, I am in this trade from 0.88317 with a 60 pip stop loss at 0.87717 and a 120 pip take profit at 0.89517.
Confluence stacks:
Weekly, Monthly, 3M zone
4-hour double bottom
Break of trendline
Daily star formation entry candlestick
Downside:
Trading into Weekly and Monthly 50 EMA
Best regards,
Don Deesker
Chart Patterns
Technical Indicators
LONG
NZDCAD
Trend Analysis
DonDeesker
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