FX:NZDCAD New Zealand Dollar/Canadian Dollar
Although NZDCAD has not completed a technically valid since the C point has exceeded its .886 conventional limit, the pair has still found support in the .786XA area. In addition to this key retracement level, there is confluence in this area between 1.272AB=CD and the 1.272 projection of BC . To add to the bias, a missed monthly sits about 1,000 pips above the PRZ. I like to enter at the bottom of the PRZ with a target near the missed monthly for April, 2015.
Trade closed: target reached: T1 Achieved: SL Moved to B/E and .5 position closed at +488 Pips
Trade closed: target reached: T2 Achieved: +860 Pips and counting
Trade closed: target reached: T3 Achieved: +1001 pips!