OGFXTRADER

CADNZD H4 SHORT PRICE ACTION FORECAST

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FX_IDC:CADNZD   CANADIAN DOLLAR / NEW ZEALAND DOLLAR
With the price action trending into a descending channel and bouncing from the 18 EMA, a short entry can capture the bullishness with the New Zeland dollar.

With an expected pullback to the previous support level, the following order is placed

The order:
Type: sell-limit
S/L: 40 pips - R:R | 1:3 -
T/P: aiming towards a previous support level.



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