NZD/CAD
Short
Updated

NZDCAD: short setup from support at 0.82178

68
Current facts on the chart:
  • clear path beyond level
  • prolonged base (consolidation)
  • price compression (squeeze)
  • at-level close
  • extreme bar close
Expected conditions:
  • volatility contraction on approach
Do you see this setup differently? Let me know your thoughts in the comments.
If this logic aligns with your trading plan, support the idea with a boost!


Disclaimer: This publication is part of my public trading journal. The material is strictly for educational purposes, reflects my market perspective, and is not financial advice.

Trading facts, not expectations.
Trade closed: stop reached
snapshot

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