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SergeantPringles

NZDCAD - 4H - Riding the Trend

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
SergeantPringles Aggiornato   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
retest retracement trend
17
7
retest retracement trend
NZDCAD has been slowly trending downwards this year. now once more we have a chance to hop on board. im looking for a sell at the 618 retracement of the most recent downmove - hope we can get up there. stops at least above the small swing. you can also go short now but i stay patient for better risk reward - or better targets.
Commento:
nice pinbar in the entryarea for those of you who pay attention to it.
snapshot
im short, and tho i could pull my stops above the pinbar. i will still wait abit more to see if we can get some followthrough to the downside. if so, i then will pull my stop above the pinbar.
Commento:
will bring my stops above yesterdays highs now. nearly no risk left.
Commento:
brought my stops to 8820 after yesterdays break of the lower trendlines. so already some small profits secured, now lets see if we can find some followthrough

Idee correlate

SergeantPringles
NZDCAD - 15M - Gartley at trendline
SergeantPringles
USDTRY - 2H - Trendline Retest in Downtrend
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