Supply and Demand: NZD/CAD Long

By malaterafael
Updated
*4hr Scale-In Entry (Limit order)


  • Price broke the 50 EMA, waiting for the retest at the +/- 5 pips above the ema

Trade active
2 Active trades on NZDCAD
Comment
Scale-In executed at the retest of the 50 ema

Stop is a little bit aggressive on this. Let's see where it'll lead us to.
Trade closed manually
Didn't like how the price is moving for the Scale-In entry,
Based on the back tests, consecutive strong candle moves towards stop area, will result to full loss.
Cut loss.
Closed early.
Candlestick AnalysisMultiple Time Frame AnalysisSupply and Demand

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