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gibbsys

NZDCAD Short

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
gibbsys  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Support and Resistance Pivot Points Trend Lines
2
0
supportandresistance pivotpoints trendline
Trend: Bearish
Structure: Trend line

Plan: We have identified a short term trend line (blue) and a resistance level. We look for price to respect upper resistance and trend then move down to previous lows.

Please note this is an aggressive trade as there is a longer term trend line (red) seen.
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