Here we have a nice sell opportunity on NZDCAD. We got a complete Bearish Cypher pattern complete, A trendline who is well respected and our RSI is overbrought. In plus, USOIL seems to want to recover the last days of downtrend, so when USOIL go up, the CAD go up as well! I put a tight SL cause I don't want to risk too mutch and he alleredy seems to reverse. Enjoy free pips :) follow me for more!
Trade active:
SL is now BREAKEVEN
Trade closed: stop reached:
SL BREAKEVEN hit I may be looking for an other entry soon
Trade active:
I re-enter at 0.94884
Trade closed manually:
I close it in profit at 0.94552, +40 pips