Potential long on Nzd/Cad
Price has been ranging for last days after strong buyers came in last week
What makes this trade good in my opinion. Price went down and grabed liquidity today, it's indication for upside in this case. And last wick provides a good place for stoploss.
R/R is also good. 1:3 if your target as mine is at last high 0.84200
Price has been ranging for last days after strong buyers came in last week
What makes this trade good in my opinion. Price went down and grabed liquidity today, it's indication for upside in this case. And last wick provides a good place for stoploss.
R/R is also good. 1:3 if your target as mine is at last high 0.84200
Trade active
Opened long at 0.81698SL 0.81300
TP 0.82400
Note
Correction. TP is at 0.82417Trade closed manually
Trade closed at 0.81731 with small profit. Note
This trade is not over. Looking for new entry at bottom at range. 
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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.