forexjunkie33

2618 Trade on the NZD/CAD 1hr chart

Long
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.