Another big move expected on NZDCAD! Get ready to SELL!
Good Afternoon Traders,
Haven't posted in a while so here we are! Here's the NZDCAD -0.13% which has just broken what appeared to be a flag pattern .. I was expecting one more move up within the apex of the flag but it broke out early which wasn't a problem. I waited for a . 618 retracement and got in at 0.93413 and the market has made available 68 pips already so i've moved my stop into profit. A further drop is expected to do look out for it! The market moves in waves so wait for another small correction and jump in and ride the market down. I'm expecting the market to provide a similar breakout to what we previously saw. I'll be hoping to take profit at around the 0.90 levels.
Good luck and take care!
Haven't posted in a while so here we are! Here's the NZDCAD -0.13% which has just broken what appeared to be a flag pattern .. I was expecting one more move up within the apex of the flag but it broke out early which wasn't a problem. I waited for a . 618 retracement and got in at 0.93413 and the market has made available 68 pips already so i've moved my stop into profit. A further drop is expected to do look out for it! The market moves in waves so wait for another small correction and jump in and ride the market down. I'm expecting the market to provide a similar breakout to what we previously saw. I'll be hoping to take profit at around the 0.90 levels.
Good luck and take care!
