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RT_Money
Apr 12, 2021 1:52 PM

NZDCAD: Good time to add a position, upon the pullback. Short

NZD/CADOANDA

Description

Just gave another chance for additional entry or initial entry for those that missed the original.
Formed an M pattern, and retested the neckline.

Trade closed manually

Out at BE. This trade is struggling to get lower.

Trade closed: stop reached

COT Report shows hedge funds are opening shorts on the CAD, and opening longs on NZD. So shorts may not be the best idea.
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