Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
NZDCAD -Short term trade opportunities within Channel
NZD/CAD
NZDCAD -Short term trade opportunities within Channel
By TraderPistolPete
Follow
Follow
Updated
Apr 15, 2020
4
Cheer
Cheer
Apr 15, 2020
NZDCAD has broken out of the wedge and has been respecting the channel.
I've placed a few successful trades within the channel already,both long and short, looking to continue the trades.
Typical R:R 2.5 - 3
Eventually I'd be looking for a breakout upwards out of the channel with an expected TP point at resistance/ supply block.
#SOS #Mybitcoinacademy #MBA #schoolofsparta
Apr 15, 2020
Trade closed: stop reached
Readjusted trend line and picked up order on trend but couldnt push up and broke through. closed trade.
MBA
mbatradingacademy
Parallel Channel
schoolofsparta
SOS
Support and Resistance
Trend Lines
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
.