Last week we had a losing trade on NZDCAD. This week we have a shot at redemption with a crab pattern.
Pros:
1. Nice round number
2. Good weekly resistance
3. Crab pattern
Cons:
The Point isn't great.
Going to watch for reaction here before taking a trade.
Pros:
1. Nice round number
2. Good weekly resistance
3. Crab pattern
Cons:
The Point isn't great.
Going to watch for reaction here before taking a trade.
Trade active:
This trade dropped 150 pips from 0.9 level. Very nice harmonic move
