Trend Continuation Trade on NZDCAD
- Price has hit a reversal point on the daily.
On the 4H chart, price has been making new structure highs whilst making 3 trendline touches (but not closes below)
Price has recently retraced into a recent level of structure support.
Price also retraced into the 382 Fibonnacci level.
Price rejected at recent support and entered into a descending channel.
Entered on the bullish pin bar.
Stop loss set 1.5 ATR below entry
Take profit set in consolidation area
NZDCADTrading ditutup: stop tercapai
Stopped out on 16 March 2022.-1R trade
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.