NZDCAD Break Out of Channel
Updated
NZDCAD today has broken out of its downtrend, crossed the cloud and broke PMH.
Have been loading this trade since the 13th as we continued to test the lower trend line. Now that we are starting to get some better momentum this upward momentum could continue for some big gains.
Have been loading this trade since the 13th as we continued to test the lower trend line. Now that we are starting to get some better momentum this upward momentum could continue for some big gains.
Trade active
Adjusted stop and averaged in my position. (Solely do to larger time frames.)
Also established a higher low. So I'm going to let this ride for a little while before giving up on this trade.
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