NZDCAD - 15M - Gartley at trendline
Im currently still short in NZDCAD based on swingtrade setup i posted last week (check out idea below for overall view of the market)
but as the market struggles to go down im looking at this daytrade long to potentially hedge myself against a loss. setup is pretty easy. we have a gartley that almost perfectly retests the trendline zone formed by the 4! most recent swings.
but as the market struggles to go down im looking at this daytrade long to potentially hedge myself against a loss. setup is pretty easy. we have a gartley that almost perfectly retests the trendline zone formed by the 4! most recent swings.
Comment:
i will bring my stops to breakeven now here. since we violate the trendlines, its seems more like a correction b4 a further dropoff to me here. so i wanna be as safe as possible
Comment:
good choice i guess. too bad i couldnt trade the retest of point D short, but was asleep. lets see what opportunity we get today
