Trend on CADNZD confirmed
DISCLAIMER: I am by no means anything close to a proffessional. The reason, I post ideas, is to document my trades. There may be no value to you. It might be incorrect analysis. But it certainly helps me sorting my thoughts on charts.
Situation:
The chart confirmed a trend pattern. (see red dahsed line)
Plan:
We will trade the downtrend with SL at the lats lower high. (see green Dashed line)
Situation:
The chart confirmed a trend pattern. (see red dahsed line)
Plan:
We will trade the downtrend with SL at the lats lower high. (see green Dashed line)
Trade active
Trend Confirmed, we opened a SHORT position.Trade active
After a pretty long ride downwards, we can now move our SL into profits. (Yellow dashed line).
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.