NzdCad Trade Update
Updated
If you look at my previous NC set up and analysis breakdown you'll know why I'm personally shorting the pair. Price is playing out nicely while still floating in profit. Once price pulled back to retest I decided to short on a bearish engulfing on the hourly time frame. Notice how price pulled back with bullish structures. It seems like price is retesting the break of structure before continuing to the downside. I personally decided to move stops to break even with price respecting the flip as planned. I personally don't want to see price go any higher which is why I decided to move my stops. I'm currently risk free.
Trade closed manually
Volume died out and is near entry. I decided to close
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