NZDCAD (4h) Reasons to go short

We have 8 failed attempts to close above 0.9400

First target - retest of previous low, second target 0.9320

Simple setup, sometimes we dont need more reasons to enter than a strong resistance.

Note

Target 1 is hit, profit booked, moving stop loss to break even for remaining position.

Note

Stop loss triggered with minor profit, after our target 1 being hit.

Note

I followed up with another short on hourly, posted on my telegram (t.me/timmynorin). Target 1 hit and we're heading towards target 2 south!

Since I got filled during the night I did not get the chance to post it on tradingview. I rarely post before I get filled.

Note

Both targets hit, however, second position stopped out at break even after first target being hit. We bagged 33 pips.

timmynorin

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