NZDCAD SELL BY ENTRY NUMBERS 0.84838
This is a trade Idea that I really like because we can see there was a strong up trend and now the pair is exhausted to the upside. When this happens I put my confirmations together and look for an entry with harmonic patterns and other styles of trading that I like to apply. This is a 40 pip trade if anyone takes this use a small lot size I don't condone over leveraging at all for what ever reason, but feel free to take my idea.
Note
Forgot to mention It but I like to use the RSI with harmonic patterns to spot divergence and find a good entry zone.
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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.