New Zealand Dollar/Canadian Dollar
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Trend Continuation Trade on NZDCAD

47
  • Price has hit a reversal point on the daily.
    On the 4H chart, price has been making new structure highs whilst making 3 trendline touches (but not closes below)
    Price has recently retraced into a recent level of structure support.
    Price also retraced into the 382 Fibonnacci level.
    Price rejected at recent support and entered into a descending channel.
    Entered on the bullish pin bar.
    Stop loss set 1.5 ATR below entry
    Take profit set in consolidation area


NZDCAD
交易結束:達到停損點
Stopped out on 16 March 2022.

-1R trade

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