Snehath
Short

Can we short NZDCAD at 0.900?

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
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.
Trade active: This trade dropped 150 pips from 0.9 level. Very nice harmonic move
It was very nice Snehath!
Reply
hi Snehath, i am a new follower of yours
still checking out your trade ideas
this one was a good call
do you use Formation Seeker?
regards
tony
Reply
Snehath toeknee
Yes I use FS and my own MT4 drawing as well.
Reply
toeknee Snehath
tks Snehath,
i will be following ur trades.
i am very much a ichimoku trader but would like to learn harmonics as well.
i understand how harmonics are formed but am getting mixed results
regards
Reply
I think we can.
Reply
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