NZD/CAD
Short
Updated

Wait to join the Bears

44
Weekly Chart:
Bearish engulfing pattern (Remember that the last 3 weeks the price just bouncing in the range around 0.887-0.987)
Daily Chart:
Daily closed below the lowest price the last 2 weeks
Watch out:
0.868 might be support
Action:
Wait to join the bears
Trade active
My orders have been filled with profit.
Note
Weekly Chart:
Extreme bearish candle
Daily Chart:
Friday closed with a bearish candle and closed below the uptrend line since Feb 2009.
Watch out:
1. There might be a retest the uptrend line since Feb 2009 before keeping going down.
2. 0.868 might be support
Action:
Keep holding your short position & Move your SL to protect profit.

snapshot

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.