This is a long trade on teh NZDCAD pair. Daily is in an uptrend and respecting the trend-line (that I drew on the daily chart). Also this is supported by a strong horizontal S/R line which it is now testing from the upside.
Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid bullish trade. Take profit would be at the next resistance level drawn.
Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid bullish trade. Take profit would be at the next resistance level drawn.