NZDCAD - Catch The Next Impulse!
Updated
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse.
We're expecting NZD strength so we can assume that NZDCAD has bottomed out.
Trade Idea:
- Watch for BOS, trendline break or reversal pattern on lower timeframe
- invalidation for this bullish scenario is below 0.794 so any entries will require a stop below that level
- Targets: 0.85 (500pips), 0.88 (800pips)
Goodluck and as always, trade safe!
We're expecting NZD strength so we can assume that NZDCAD has bottomed out.
Trade Idea:
- Watch for BOS, trendline break or reversal pattern on lower timeframe
- invalidation for this bullish scenario is below 0.794 so any entries will require a stop below that level
- Targets: 0.85 (500pips), 0.88 (800pips)
Goodluck and as always, trade safe!
Trade closed manually
Partially closed at +450pips. Waiting for retracement for the next entry 
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