NZDCAD – Short signal

The NZDCAD is trading in a very clear bearish market condition, it retraced back to the ST resistance level and formed a significant pattern with downward pressure:

Here are the details of my order (still pending)

Entry order: 0.7906
SL: 0.7946
TP: 0.7682

This trade has the possibility to be scaled up to the weekly chart, we’ll talk about it in future posts.

Trade Safe!

Raul Lopez
Forex Training

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .