Watch the video from NZDCAD for more explanation.
NZDCAD:
- On the weekly we see that the price is still in a bullish uptrend / structure. On the daily we see that the price rejected on an important zone. On the H1 the price made also an double bottom. The price we are looking for is 0.891
SL - 0.867
We wait for a bullish structure on the H1, or we place a buy stop at 0.8726.
NZDCAD:
- On the weekly we see that the price is still in a bullish uptrend / structure. On the daily we see that the price rejected on an important zone. On the H1 the price made also an double bottom. The price we are looking for is 0.891
SL - 0.867
We wait for a bullish structure on the H1, or we place a buy stop at 0.8726.
Trade closed: target reached