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

NZDCAD Analysis

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 .