23-4-17 NZDCAD potential setup, key level + trendline rejection

NZDCAD rejection a potential trendline on the bigger timeframe, tests it for the second time, market closed with a strong bearish candle on the 15M chart. When we see more bearish momentum showing up we can take it short to 0.9421. Decrease risk because of this strong 0.9454 level between entry and target. If it completes this pattern it's an double top pattern too.

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Let's wait for more bearish rejection followed by a bearish move

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Came really close to target, looking at the average volatility of the market you should be in profit on this one

ปิดการเทรด: ถึงเป้าหมายการทำกำไร