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rodriguesths

NZDCAD Update on breakout!! 150pips!!

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
rodriguesths Uppdaterad   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns NZD CAD 150pips tradingbay Bearish Patterns breakout
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trendanalysis chartpattern nzd cad 150pips tradingbay bearish breakout
Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern !
Entering short here with 40pips SL !

What do you think?? Care to comment? join me on telegram so we can discuss other analysis aswell!! t.me/tradingbayfx
Kommentera:
Reinforced my entry now with price touching the resistance line of the pattern! SL is up to .8750 !
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Price holding well on 0.382 fib!
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Closed first entry with +70pips
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Second entry running +100pips! Waiting to see if price will rspet trendline one more time or will it continue its way down!
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Closed at +150pips
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+220pips combined
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