NZDCAD: Triangle just broke, buying the pair!

Hi guys,

I am buying NZDCAD for a couple of pips.

We are above 3 KUMO's and the triangle just broke to the upside.

I am targeting the bottom of the daily KUMO @0.85105

Commento:

*** Trade with care and at your own risks ***

Commento:

Still long, the pair is pulling back a little bit

Commento:

I am adding to my longs

Commento:

at these levels

Commento:

Still in the trade. The structure was not a triangle but looks like a horizontal channel. We should find support in this level

Commento:

at this level *

Commento:

Ok not a horizontal channel but looks like a bull flag. Will update tomorrow.

Cheers

Jesse

Commento:

Consolidating in this bull flag

Commento:

For those who would like to enter the trade, it's safer to consider the pattern as a horizontal channel rather than a bull flag because the entry level is higher and thus more conservative... I will add a bit more to my longs if it breaks it.

Enjoy your day guys and take care of you.

Cheers

Jesse

Commento:

Boring day

Trade chiuso: stop raggiunto:

The pair broke the analyzed structure. I'm out