NZDCAD: Triangle just broke, buying the pair!
Updated
Hi guys,
I am buying NZDCAD for a couple of pips.
We are above 3 KUMO's and the triangle just broke to the upside.
I am targeting the bottom of the daily KUMO @0.85105
I am buying NZDCAD for a couple of pips.
We are above 3 KUMO's and the triangle just broke to the upside.
I am targeting the bottom of the daily KUMO @0.85105
Comment
*** Trade with care and at your own risks ***Comment
Still long, the pair is pulling back a little bitComment
I am adding to my longsComment
at these levelsComment
Still in the trade. The structure was not a triangle but looks like a horizontal channel. We should find support in this levelComment
at this level *Comment
Ok not a horizontal channel but looks like a bull flag. Will update tomorrow. Cheers
Jesse
Comment
Consolidating in this bull flag Comment
For those who would like to enter the trade, it's safer to consider the pattern as a horizontal channel rather than a bull flag because the entry level is higher and thus more conservative... I will add a bit more to my longs if it breaks it. Enjoy your day guys and take care of you.
Cheers
Jesse
Comment
Boring day Trade closed: stop reached
The pair broke the analyzed structure. I'm outDisclaimer
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