mxxtrader

NZDCAD 180 , Brake of major descending TL

Long
mxxtrader Updated   
FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
Buy the brake of major descending TL target is the next resistence zone. if u remember i had posted a short as one of my first trade here all following the major descending TL and the minor or accelaration TL now we have brake all two it s time to go long! BUY THE BRAKE OR RETEST depend how u are aggressive still stick to MM always! GOO!
Comment:
what i m thinking are 3 possibilities
1 the TL is invalid
2 the TL is drew wrong
3 the bank put out retail for going short
Anyway this is still in play and next week we ll see
Comment:
Possible H&S forming? price still struggling with that brake,wait and see the closure and open of anther daily candle
Comment:
was right head & shoulder formed and go down my bad too much fast into place the trade i had thinking that the TL was broke but maybe shitty TL drew or fake out anyway great lesson here cause we have a beatiful tool called PRICE with this we can try to be in advance and if we re in this trade at right shoulder formed we exit first and not leave the trade take SL so to cut hard the losses!
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