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DACapitalTrading
Sep 22, 2020 10:02 AM

NZDCAD - SWING - 22. SEPT. 2020 Short

New Zealand Dollar/Canadian DollarFXCM

Description

Welcome to our weekly trade setup ( NZDCAD )!

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1 HOUR
Sideways market structure around main sr level.

4 HOUR
Price looks like we might see a strong drop shortly..

DAILY
Good short positions, overall bearish looking market.

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FOREX SWING
SELL NZDCAD
ENTRY LEVEL @ 0.88760
SL @ 0.89320
TP @ 0.87950
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)


Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!

ALAN

Trade active

Comment

Trade closed: target reached

Closed with +75 Pips (+0.65%)!
Comments
michaemia
To be honest, I don't see this making sense. Momentum indicators are showing that price is going to be bullish. Trend is your friend.
DACapitalTrading
@michaemia, Thanks for sharing your view!
DACapitalTrading
@michaemia, do you have a chart for us aswell?
SvennMivedor
@michaemia, you were wrong have been staring at this chart for the last 3-4 hours and it is a strong bearish market
DACapitalTrading
@SvennMivedor, Turned out to drop like a stone..
DACapitalTrading
CFISK
@DACapitalTrading, lol... Yeah it did!!!! great call!!!!
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