NZD/CAD: Bullish Reversal running

NZD/CAD: Bullish Reversal running

> breakout of bearish trendchannel
> Higher-high-higher-low sequence established
> weekly high broken to the upside
> 200er MA in H4 protecting downside
> next downward trendline fard away
> POC volume below current levels

The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our Stop Losses are far (see SL zone) to give our trades room to breath.

This way, we are achieving an unusually high success rate. I have included the past entries with the WSI H/L Wall Street system in the chart, as usual.

Feel free to reach out with any questions or comments.

Meikel & Your Team WSI

PS:

Join our stream tomorrow! The link will follow shortly in the comments.... See you there!

Trade closed: target reached:

We reached the target area. Congrats.