TradingView
seigneurTrade
Mar 25, 2018 10:22 PM

NZD/CAD testing a strategy. Good risk reward Long

New Zealand Dollar/Canadian DollarFXCM

Description

This is a high risky trade but it has 2gud RR. I am trying to develop a strategy. I will take this trade you can take this too if you wish. Remember its risky trade and I'm just starting to test this strategy.

I think it needs to reach at least 0.93800-0.93940.

Price is testing a good support right now, if its breaks that its possible to price fly to the targets. Other idea is price cant break that resistance it will re-test it and going to trend line.

Trade closed: target reached

TP1

Comment

On H4, you see Hammer Candlestick Pattern but on Daily that Candlestick is Engulfing Candle. So we can still reach to the targets.

Comment

I don't know if this going to TP levels, we had TP1 so close this trade +982. It still could go to the levels, I closed now if you still want to keep it this is your own risk. Good luck bros.
More