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Caleb9995
Jan 14, 2019 8:28 PM

NZDCAD TRADE IDEA 1/14/2019  Short

New Zealand Dollar/Canadian DollarFXCM

Description

- WEEKLY TREND CHANNEL (creating LL's & LH's) PULLED BACK TO THE 78.6 ON WEEKLY
- DAILY BROKE OUT OF CONSOLIDATION RANGE AND RETEST KEY LEVELS
- 4HR CREATING LL's LH's & PULLED BACK TO THE 61.8 LOOKING FOR EXTENSION TO THE 41.4
- 2HR WE GAPPED & THEN DOUBLE TOP/ M + ENGULFING OFF OF KEY LEVEL
- LOWER TF EMAS CROSSING OVER (NOT RELYING ON ON EMAS AS MUCH BUT 1HR-4HR LOOK TO BE TURNING OVER SHORTLY)
- SL 40 PIPS ABOVE KEY QUARTER LEVEL
-TP 1 65 PIPS ON KEY S/R
-TP 2 130 PIPS ON KEY SUPPORT

Comment

TP 1 HIT +65 PIPS

Comment

TP 2 HIT +130 PIPS
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