As we can see, the sell on NZDCAD has been running for around 2 weeks now, as posted on 6 June (tradingview.com/chart/NZDCAD/oqDzkt0Y-nzdcad-bearish-outlook/) <- link if you wish to view the idea. The bearish bias on this pair stands and since it has broken a s/r level and retested it, it seems like a good opportunity to place another sell at where the price currently stands. Hence I will be looking to further short this pair when the market reopens.
Trade closed: stop reached
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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.