TradingView
Libanfn
Apr 9, 2020 8:04 PM

Sell NZDCAD Short

New Zealand Dollar/Canadian DollarFXCM

Description

SOLD NZDCAD with take profit until the imbalance candle below with 10:1 risk reward ratio. I will be taking partials throughout the expansion movement to the downside off from the accumulation of price which was my point of interest. If this happens, series of lower highs and lower lows will form indicating trend reversal for retail traders. Also there is divergence on the RSI indicating loss of bullish momentum
Take this as precaution .

Trade closed manually

closed manually when sell to buy candle formed

Trade active

Placed another trade on the wick, and moved the stop loss to entry to break even.

Trade closed: target reached

TP hit, market is in a range at the moment
Comments
transparent-fx
nzdcad definitely looks interesting, my view
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