forexjunkie33
Long

2618 Trade on the NZD/CAD 1hr chart

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
47 2 2
We have put in a small double bottom and have broken structure to the upside, and price action has retraced back into the 0.618 fib level giving us a chance to get long.

We also have bullish divergence on the RSI

Entry was at 0.9475

Stops are at 0.9440

Target 1 is at 0.9538

Target 2 is at 0.9591
Trade closed: stop reached
You win some, you lose some, that's the name of the game pal, to win more than you lose.
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