Trade idea - NZDCAD Long

Updated
4H

Corrective approach towards entry zone.

-68 Fibonacci completion aligning with entry zone.

= Buy limit set.

0.75% risk.
Note
MONTHLY

Bullish M pattern potentially in play.

Clear support & resistance zone is there.

snapshot
Note
WEEKLY

Pattern within pattern potentially in play.
Inverse Head & Shoulders, Bullish M.

Clear support & resistance zone is there.

snapshot
Note
DAILY

Bullish impulse / break of last LH: indication.

Inverse Head & Shoulders: confirmation.

Clear support & resistance zone is there.

snapshot
Trade active
Active.
Trade closed: stop reached
Market took me out to eventually push to the upside. Followed my plan. Good trade but loss. -0.75%.
Chart PatternsfxtradinglongsetupnoindicatorsNZDCADpatternspricactionstructureSupport and ResistanceTechnical AnalysisTrend Analysis

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