FullTimeTrader
Short

NZDCAD-Ranging within a channel

FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
238 0 2
I was long here and closed all positions with profits.
Looking at D1 chart we see price is rejecting from a strong level of S/R, continuum divergence and RSI trendline broken:
snapshot


Here on H4 chart the price is ranging within a clear channel. I expect price finaly will decline to the levels shown on chart.
Good R/R ratio.
Regards.
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