Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Week 8 assignment (EXHIBIT L) for NZDCAD by PROSHERIFF
New Zealand Dollar/Canadian Dollar
Short
Week 8 assignment (EXHIBIT L) for NZDCAD by PROSHERIFF
By Prosheriff
Follow
Follow
Updated
Aug 15, 2022
0
Cheer
Cheer
Aug 5, 2022
Short on NZDCAD
1. Bearish Rising Wedge can be seen on the 15-minute chart.
2. The Breakout has occurred with a decent retest of the trendline.
3. Take profit level is calculated based on the height of the wedge.
4. TP1 = 0.80727
5. TP2 = 0.80350
5. SL = 0.81214
6. RR ratio of 1:2 is in play for this trade.
Aug 15, 2022
Trade closed: target reached
TP1 HIT
Chart Patterns
NZDCAD
Wedge
Prosheriff
Follow
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
.