NZDCAD: Time to go long

Updated
I had shared the entry in my monthly short publication (see related ideas) but today I had more clear confirmation that oil is topping against monthly resistance, so we can go long NZDCAD with stops below 0.8591.
We can exit when NZDUSD catches up with CADUSD in the percentage scale chart to the left.

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Cheers,

Ivan Labrie.
Note
Join my live stream today. I'll do a broad market coverage and discuss a few setups. Starting at 7pm, GMT-3: youtube.com/watch?v=dFRgg2WwgyQ
Note
Acting decently, it'll take a while.
Note
You should close this one and focus on USDCAD instead. (or GBPCAD even)
Note
Not bad actually, usdcad is performing way better than usdnzd, hence NZDCAD rallies.
Note
After price forms a mode around here, you can reenter longs. Not viable for now.
CADUSDGoldmilkNZDCADNZDUSDOilrbnztimeatmode

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