edumas2

Good spot for a retrace this week, before another push down.

Short
edumas2 Updated   
OANDA:NZDCAD   NZD/CAD
I will be ready for this trade.

We might later have a push down towards the diagonal.

However I usually do not wait for price to reach those idealistic target...
I do miss some $$$ as they often do but I have a different game plan.

Depending on the pair, I prefer to collect when there is an 80-120 pips though I will wait longer if I have a smaller position left running.
Comment:
I am staying clear for now as those are big candles so there seem to be a momentum to the downside.

See the difference with another one I took recently. Look at the smaller red candles. the black line is my entry.
Comment:
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