coffeteaorme
Short

NZDCAD 4hr trend analysis

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
I'l watch for breakout here.
If price is breakout of the trend, the 2 line is your opportunity to short for the pullback.
If you plan for short trade, stop loss should be above previous resistance or 10 pips above the 200MA and take partial profit at the arrow target.

Enjoy trading!
It has actually hit the upper bolinger band, and reached a crutial resistance line , i bet 75% it will go lower , but not lower as the previous low, then could we plan a reversal ? ( only or canddles closes above 32 fibonacci fan line ;) . Thanks for sharing
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