NZD/CAD
Short

NZD/CAD : SHORT POSITION -- LET's GET THESE PIPS!

Updated
Ladies and gentlemen. The bulls are exhausted and it is time for the bears to take action! YET AGAAAAIIN! This retracement was expected for a bigger push to the downside. Jahilo is here to guide you all in the RIGHT direction. 90% accuracy on trades that I post here.

Note** Only take a SHORT entry after you've gotten confirmation of the downward movement in this area.

Strong resistance @ .86215

**If it closes above this area, do not enter because this will be invalid**

I will be taking a position in this zone with a tight SL.
Trade at your own risk.
Any support is greatly appreciated.
My students are aware of my moves and will also be taking this position. With great risk to reward management.

As always, HAPPY TRADING!

Note
Moved my SL to .8674

Let's see what happens!
Note
Typo: A close above .86654 , constitutes invalidity. Hence, this would not be a good trade to take. That is why it is great to wait. Let's see what happens! (:
Note
Hope everyone bought in @ .86688 for a SHORT. Tight SL. Good Luck!
Note
Close above .86682 on this next 1 hour candle. Wait for a retrace to 65. Then close out the trade if you went SHORT. Very invalid at this point. Best of luck!
Chart PatternsTrend Analysis

Disclaimer