IvanLabrie
Long

NZDCAD: Uptrend continues

FX:NZDCAD   New Zealand Dollar/Canadian Dollar
4 months ago
NZDCAD             has traced an excellent trend this year, and it doesn't give any sign of stopping yet.
We can buy this pullback with ample confidence.
Risk 1% max on the trade.

Good luck!

Ivan Labrie.
4 months ago
Comment: Cancel the order if we get a new low today.
4 months ago
Comment: You can even flip short under Friday's low, stop at the high if we have a new low.
4 months ago
Comment:
snapshot
(if you flipped short, this is the result)
4 months ago
Comment: You can move the stop to entry on the short here.
4 months ago
Trade closed manually: Cover short.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803). KHL telegram group: https://t.me/joinchat/AAAAAAqHRWYvrLlfpF0StA
MoeHelou
4 months ago
Man we have a monthly resistance and the price saw , this resistance not used alot like the weekly resistance , see and tell me your opinion pls .
https://www.dropbox.com/s/35uv1mu2bf0zyle/Untitled.png?dl=0
Reply
IvanLabrie PRO MoeHelou
4 months ago
I don't use the same methodology as you, so I disagree.
If you have a reason to short, you can enter.
Reply
cyanfrog
4 months ago
snapshot


This is my approach to the topic:
We got breakout high pinbar above red PPZ > retest bottom of the red PPZ box with another pinbar > retest with another pinbar red PPZ high > string dip under PPZ from pivot with outside bar > retrace from under PPZ to red PPZ bottom exactly. Right now the price is strongly protected by price action.
Reply
IvanLabrie PRO cyanfrog
4 months ago
Right, if it breaks that low it'd drop, but not sure it can do it. I'd buy on strength.
Reply
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