NZDCAD Long Play 1:2RR

Hi traders,

A really nice play has developed on NZDCAD, I am in this trade from 0.88317 with a 60 pip stop loss at 0.87717 and a 120 pip take profit at 0.89517.

Confluence stacks:

• Weekly, Monthly, 3M zone
  
• 4-hour double bottom
  
• Break of trendline
  
• Daily star formation entry candlestick
  

Downside:

• Trading into Weekly and Monthly 50 EMA
  

Best regards,

Don Deesker