Description: As shown above we have NZDCAD . We are currently having broken out of the bus channel
we are swiftly returning a break back into the channel will be a perfect opportunity to join the trend. Price has just broken out of the
triangle the BLUE line if you look left is previous structure a break and close below this will signal strong control i would then
look to SHORT this Pair.
Indicators: 50 & 200 possible cross on 1HR
Duration: Long Term
Decision: I will SHORT this pair on a break Below the BLUE line followed by confirmation with a break back into the channel.
TP 1 : 0.87600
TP 2 : 0.86600
SL : 0.89400 - 0.89600
Thank you for viewing my idea. If you decide to take this trade,please leave a comment and a thumbs up. I will be happy to stay in touch to see how the setup is planning out.
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Remember to always trade your stratergy... Happy Trading