New Zealand Dollar/Canadian Dollar
Short
Updated

Potential for a short position

52
Weekly Chart:
A bearish pin bar with rejection of high price.
Daily Chart:
Price closed below the closed price of last week.
Watch out:
1. Short term uptrend still intact.
2. First support could happen @ weekly demand zone around 0.92-0.92688
Trade active
My prediction was right. I joined the Bears.
snapshot
Note
SL hit with loss as the Bulls turn back.
snapshot
Trade closed: stop reached
Closed with loss

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.