NZDCAD SHORT for 230 - 1000 pips!

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NEW ZEALAND DOLLAR / CANADIAN DOLLAR (FX_IDC:NZDCAD)

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FX_IDC:NZDCAD NEW ZEALAND DOLLAR / CANADIAN DOLLAR

Trend Analysis swingtrade Trend Line Break trendcontinuation

trendanalysis swingtrade trendlinebreak trendcontinuation

NZDCAD

- NZDCAD is in a downward parallel channel and has hit the upper trendline a few times in the last weeks while showing some bearish candles.
- It just broke the trendline support showing that there is more downward trend continuation.

Shortterm target is the 0.618 fib retracement level @ 0.8900.
Longterm target is the 0.8070 support of the lower downward trendline and the 1.27 fib extension level.

交易進行:

For now this is working out fine. Down 80 pips already.

snapshot

交易結束：目標達成:

Target reached. Profit 200 pips

交易結束：目標達成:

snapshot

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