I think the big opportunity in here is the long trade. I actually am not taking the short trade on this due to trading restrictions. I will however go long if we see price reach the 2s.
NGD is trading in an uptrend and at the moment it is in a corrective phase. If the rising trendline holds i'm expecting a new wave up with a potential gain above 30%. A strong breakout of the rising trendline invalidates this setup.