NZDCAD at top of trading range

2016年8月30日

After multiple rejections from .95 NZDCAD is creating lower highs and preparing to reverse. The Stochastics Momentum Index confirms upward momentum is weakening and turning downward.

If you are trading this pair be very careful if it breaks upward and make sure your stops are beyond resistance.

2016年8月30日

交易進行

Orders filled. I'm keeping a close eye on this one, it's possible it will break to the upside and start a monster rally instead.

2016年9月2日

交易結束：達到停損點

I had a feeling it would do that, stop got tagged by NFP spike.

2016年9月2日

註釋

Possible scalp to recoupe some, RSI is oversold on lower timeframes but make sure you wait for it to bounce up before trying