FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD at a major resistance area with technicals pointing south.

1. RSI in sell
2. NZD @ major Resistance
3. NZD overbought and has not yet performed its retrace.

Entry @ 0.8840 area
TP @ 0.8675


Good luck and let me know if there are any questions.

Charles V
CVFX Management
Trading made Simple
Comment: Will be adding a trade to down trend line.

Comments

Yes, nice chart!! 🦐👍🏻
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Do you have a sl in mind for pull back ?
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cvfxwealth TminusSri
@TminusSri, Hey Friend, I would add another position at 0.8940 and SL at .9020. Conservative SL is at 0.8900. Always remember risk management, I advise trading 0.01 per 1000USD. Risk will be less than 1% to gain 2%. Let me know if there are any other questions. Gain is low but multiplied across multiple trades in 1 month you will see beautiful gains.
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