marco_casario
Short

NZDCAD Trend following with a Bearish Bat

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
27 5 1
NZDCAD             has just completed a bearish Bat pattern.
This might be a good entry signal for a trend following trade.

Good trading !
Looks solid.
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IvanLabrie PRO IvanLabrie
a year ago
snapshot
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IvanLabrie PRO IvanLabrie
a year ago
3:1 r/r, should start falling soon, I get an estimate of 2:20hs.
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marco_casario PRO IvanLabrie
a year ago
You need to pay attention to the important news that will be released tomorrow (NZD Cash Rate). It'd be prudent to wait until tomorrow before entering this trade
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IvanLabrie PRO marco_casario
a year ago
If the pattern is what I think it is, it'll collapse very soon.
Gold is about to bottom I think, so maybe this is the last push down before a reversal. (which would match the timing for the RBNZ rates)
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