I had shared the entry in my monthly short publication (see related ideas) but today I had more clear confirmation that oil is topping against monthly resistance, so we can go long NZDCAD with stops below 0.8591. We can exit when NZDUSD catches up with CADUSD in the percentage scale chart to the left.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
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Join my live stream today. I'll do a broad market coverage and discuss a few setups. Starting at 7pm, GMT-3: youtube.com/watch?v=dFRgg2WwgyQ
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Acting decently, it'll take a while.
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You should close this one and focus on USDCAD instead. (or GBPCAD even)
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Not bad actually, usdcad is performing way better than usdnzd, hence NZDCAD rallies.
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After price forms a mode around here, you can reenter longs. Not viable for now.