Nzdcadbreakout
NZDCAD FREE PIPS ! HELLO GUYS !
AS YOU CAN SEE ON NZDCAD WE HAVE A RISING WEDGE AND IT BROKE OUT AND WENT BACK TO RETEST .
WE HAVE A RESISTANCE ZONE THERE AND THE PREDICTIONS IS TO GO AGAIN DOWN AT THE DIRECTION THAT IT MADE BEFORE .SO I AM TRYING TO SELL IT @ 0.96000 AND TAKE PROFIT @ 0.94000 !
200 PIPS 200% SURE IT MAY TAKE A WEEK !
HAVE FUN GUYS AND ALWAYS USE RISK MANAGEMENT AND RISK 5% OF YOU BALANCE ON THIS TRADE ONLY
(NZDCAD) 4hr - Speculation and analysisWe have a long held trend line in NZDCAD. waiting for a breakout.
if breakout occurs, you can either wait for a pull back or sell immediately depending on your trading style.
Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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NZDCAD Short - Atleast 300 pips Based on AB=CD And Gann Analysis, It's a potential short position for 300 pips.
In a lower time-frame (240/4hr) there is a move confirming a short position also.
TP & SL are mentioned in the chart.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity.