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Labworx
Jul 16, 2018 4:44 AM

NZDCAD Buy Idea Long

New Zealand Dollar/Canadian DollarFXCM

Description

Buy the break of the top TL aiming for first target Fibo extention of 100%FE next maybe 161.8FE before ABC correction to the downside.
Price might also develop in a range, first TP top of the range next TP1 0.9040 TP2 0.9250 from where I will look for heavy sells.
SL below last low before the break of the top TL.

Order cancelled

The pair refuses to find good momentum after the top TL broke. I prefer to close this trade now break even in order to find sells if we get rallies... as we don't have any cycle on the higher TF this trade is agressive therefore I close this trade now.
Comments
Ronnie_Dong
I like your chart,
wish u can Follow me.
and you can refer to my publish.
We can do more discussion.
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