Mankz
Long

NZDCAD Long

OANDA:NZDCAD   NZD/CAD
Analysis
1. Bullish pinbar reversal closed on daily at support.
2. Price at bottom of descending channel
3. NZDCAD at yearly highs.
4. Descending wedge ( bullish ) within channel
5. All oscillating indicators are in oversold territory. ( Candlestick patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal conditions )

Trigger
Set pending sell stops on the break of the pinbar candle's highs.

Trade
Set stops below the lows of the pinbar and targets around 0.865 since price has a chance to stall at that level. Monitor lower time frames and see if momentum warrants extending targets.
Order cancelled: TRADE CANCELLED, do not enter.
should've stayed in mate
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Mankz marshallblack
@marshallblack, Agreed
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@KaranManku, what made you stop?
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Mankz marshallblack
@marshallblack, I ran through my trade setups at the end of the day and I felt as if I misplaced my support level on the daily when looking at historical levels. Thought it should be slightly lower after I published it. I was wrong :/
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