NZDCAD: Triangle just broke, buying the pair!

13 Apr 2020

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

13 Apr 2020

Catatan

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

13 Apr 2020

Catatan

Still long, the pair is pulling back a little bit

13 Apr 2020

Catatan

I am adding to my longs

13 Apr 2020

Catatan

at these levels

13 Apr 2020

Catatan

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

13 Apr 2020

Catatan

at this level *

13 Apr 2020

Catatan

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

Cheers

Jesse

14 Apr 2020

Catatan

Consolidating in this bull flag

14 Apr 2020

Catatan

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

14 Apr 2020

Catatan

Boring day

15 Apr 2020

Trading ditutup: stop tercapai

The pair broke the analyzed structure. I'm out