Supply and Demand: NZD/CAD Long
Updated
*4hr Scale-In Entry (Limit order)
- Price broke the 50 EMA, waiting for the retest at the +/- 5 pips above the ema
Trade active
2 Active trades on NZDCADNote
Scale-In executed at the retest of the 50 emaStop is a little bit aggressive on this. Let's see where it'll lead us to.
Trade closed manually
Didn't like how the price is moving for the Scale-In entry, Based on the back tests, consecutive strong candle moves towards stop area, will result to full loss.
Cut loss.
Closed early.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.