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memit
Nov 1, 2018 10:09 PM

NZDCAD Long on Daily/H4 Long

NZD/CADOANDA

Description

This is a long trade on the NZDCAD pair. Price has broken the neckline of this head and shoulder pattern. I will look to enter this on a H4 pullback as shown on the top right panel. This trade could be taken now on the daily as a breakout trade if that is your style, but I prefer to enter on a pullback to keep a tight SL. TP would be 3:1

Trade closed: target reached

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