MerlionFX | NZDCAD short!
Updated
NZDCAD has been steadily declining in a descending channel. Prices has recently touched the top of the channel and rejected. I will be taking a short position here.
Reasons for entry:
-Recent minor support has been broken
-Formation of death cross on 15 and 30 EMA
-Overall this pair is moving in downtrend
Reasons for entry:
-Recent minor support has been broken
-Formation of death cross on 15 and 30 EMA
-Overall this pair is moving in downtrend
Trade active
ACTIVE RUNNING 30 PIPS
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