New Zealand Dollar / Canadian Dollar
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NZDCAD Long: Another solid setup on Daily

75
https://www.tradingview.com/x/WuxO0eoh/

NZDCAD was a trade I took long about 8 hours ago.

In the old days, when I would break every trading rule and chase the market, I would've done that this morning, but then I realised price is going to pull back for my entry after I analyse it's chart for at least 10 minutes.

It has recently pulled back to about a 50% Fib retracement,

syot kilat
Dagangan aktif
Trade is so bullish because price reversed with support of the 200EMA which is currently indicating that the uptrend should continue for AUD Long. The 200EMA is underneath price which is very good for this trade.
Dagangan aktif
BUY NZDCAD
Pay up to 0.8340
SL:0.8325
TP: Advised.

Penafian

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