STOP/ENTRY/TP - CADNZD - LONG ( 6% )
Trade falling inside of the pivots.
Bull MACD still present, even more so now than previous idea.
50 EMA acting as dynamic resistance.
Entry will occur from a double bottom.
Again this is something new I'm trialing. Got into the trade too early yesterday.
R:R has improved follow yesterday's efforts, so this trade will recoup the lost 1% from the 18th NOV.
Bull MACD still present, even more so now than previous idea.
50 EMA acting as dynamic resistance.
Entry will occur from a double bottom.
Again this is something new I'm trialing. Got into the trade too early yesterday.
R:R has improved follow yesterday's efforts, so this trade will recoup the lost 1% from the 18th NOV.
Comment:
Good Break and retest of the 50 EMA. Usual entry point for these sort of trades a good spot to go LONG now. Stop below 1.1035