poorboy
Long

NZDCAD LONG Possible and Logical trade

FOREXCOM:NZDCAD   New Zealand Dollar / Canadian Dollar
Logical analysis :
The Market always repeats itself .... the history always repeats itself

1 we have a strong support area where the currency pair rose
2 oversold area on the RSI ... And the currency every time comes to this area rises
3 the divergence ro reflect the trend
3 a gab that has not been filled yet

and by looking to the past we can see the same thing in the same area
1 gap 2 an area of resistance that became a support 3 a divergence in the same area

We have the same reasons that led to the currency appreciation in the past
we can go LONG after any confirmation

Remember the Market always repeats itself .... the history always repeats itself

happy trading everybody ... and ALWAYS trust your analysis and your plan ... good luck

Comment your analysis
Oct 10
Comment: 1 move your SL to break even
2 you can take 1/4 of your profit
3 we had H&S in the 4H TF that is good for us and that si support my analisis
4 be carefull if the price arrive to 0.8492
Oct 11
Comment: i will take the other 2/4 now form my profit ..... storge area i am still holding
Oct 11
Comment:

we broke above the 0.8492 ... and we still have a HH and LH that mean we still in the trend .... holding it to the first target ... good luck
Oct 12
Comment:
if the price break under 0.8451 i prefer to colse the long ... good luck
Oct 16
Comment:
the target did not broke 0.84512 as i said if it broke it leave this trade it just touched it and then fly to the up now hold your postion to the 1 target ... good luck
Oct 19
Trade closed: target reached: target 1 hit 315 pips ... holding to the next target and maybe more .. happy trading
Nov 05
Comment:

H&S on the 1D .... we mayy get the 2 target and more than it .... holding for 1500 pips ... happy trading
Nov 07
Comment:
i think this is the bottom .... we catch the up trend 0 pips to the oposite side
happy trading .... keep going on this on
Nov 18
Comment:

we broke a strong resistance and the 1.618 fibo lvl and know we have a divergance we may re test and go to our target and may be more
happy trading
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out