Hello traders around the world.
My name is Alexandre Karim.
Today we will be talking about NZDCAD double long position. I already posted my analysis on 9 March showing you the long position scenario.
Lets talk abou the first position on NZDCAD which was a descending channel / falling wedge on the daily lower TL. The entry was at the breakout of the pattern (0.82780) and the SL below the previous low (0.82592). Moved to breakeven when the price broke the upper TL of the 4H / Daily chart. Running currently at 11%.
The second position on this pair was an hourly bull flag as outer structure. The entry was at the breakout of the pattern (0.83564) and the SL below the previous low (0.82592)
Currently I'm looking for a 1H correction to lock below it and secure %.
Be patient.
Look for the best set up.
Trade quality not quantity.
#THEPRIMES
My name is Alexandre Karim.
Today we will be talking about NZDCAD double long position. I already posted my analysis on 9 March showing you the long position scenario.
Lets talk abou the first position on NZDCAD which was a descending channel / falling wedge on the daily lower TL. The entry was at the breakout of the pattern (0.82780) and the SL below the previous low (0.82592). Moved to breakeven when the price broke the upper TL of the 4H / Daily chart. Running currently at 11%.
The second position on this pair was an hourly bull flag as outer structure. The entry was at the breakout of the pattern (0.83564) and the SL below the previous low (0.82592)
Currently I'm looking for a 1H correction to lock below it and secure %.
Be patient.
Look for the best set up.
Trade quality not quantity.
#THEPRIMES