Potential for a short position Short

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Mar 31, 2018 10:45 AM

Weekly Chart:
A bearish pin bar with rejection of high price.
Daily Chart:
Price closed below the closed price of last week.
Watch out:
1. Short term uptrend still intact.
2. First support could happen @ weekly demand zone around 0.92-0.92688

Trade active

⋅ Apr 4, 2018 12:43 AM

My prediction was right. I joined the Bears.

Comment

⋅ Apr 4, 2018 8:48 AM

SL hit with loss as the Bulls turn back.

Trade closed: stop reached

⋅ Apr 4, 2018 8:49 AM

Closed with loss