NZDCAD : UNFORGETTABLEHi traders,
NZDCAD has been ranging between 2 big resistance/support lines. I was waiting for this opportunity to enter this one now that it is closing in on the top resistance line. This gives us good RR
Here is what I'm thinking :
NZDCAD SHORT
ENTRY : 0.91542
SL : 0.92229
TP : 0.88594
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
NZDCADANALYSIS
short at 0.9021 for target 0.8920i short bzd cad because i found cad very undervalued
also NZD milk price was down of more 3% since last and new Giv and member on monetary policy is still not clear for futur.
short at 0.9021
target 0.8920
Gain 101 pips
come with 2x 1lot will cut the first at +30-40 pips and make a Sl on a 2nd at +15 for securite 45-55 pips if my plan fail