STOP/ENTRY/TP - cadnzd - LONG ( 3.0% ) Long

CANADIAN DOLLAR / NEW ZEALAND DOLLARICE

Description

⋅ Nov 17, 2020 8:41 PM

Getting in before the move above the 50 EMA.

Safe Entry would be a retest of the 50 EMA (50 - acting as dynamic resistance).

Getting in early and out before everybody else in current setup.

Can't give a pictorial description using arrows as this is a method i'm experimenting with.

Bull MACD.

Comment

⋅ Nov 18, 2020 4:14 AM

live Trade

Trade closed: stop reached

⋅ Nov 18, 2020 8:21 AM

08:15 - 15 minute candle took out the stop, minus 1%

Technical Indicators

Comments

KlejdiCuni

⋅ Nov 18, 2020 7:34 AM

Great analysis, buddy! Totally agree with you. CAD is getting strong as I have seen and in your chart the falling wedge with divergences look pretty good. Thanks for sharing.

UnknownUnicorn493766

⋅ Nov 18, 2020 7:56 AM

still going, but 0700 candle on 1 hour is of concern. We need to improve in the next few hours.