Week 8 assignment (EXHIBIT L) for NZDCAD by PROSHERIFF

Short on NZDCAD

1. Bearish Rising Wedge can be seen on the 15-minute chart.

2. The Breakout has occurred with a decent retest of the trendline.

3. Take profit level is calculated based on the height of the wedge.

4. TP1 = 0.80727

5. TP2 = 0.80350

5. SL = 0.81214

6. RR ratio of 1:2 is in play for this trade.

Trade chiuso: obiettivo raggiunto:

TP1 HIT