moa_trading_journal

NZDCAD - Big short sell opportunity finally ready

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moa_trading_journal Uppdaterad   
OANDA:NZDCAD   NZD/CAD
Like my forecast before, I’m still waiting for a short opportunity on NZDCAD. After waiting for a several weeks, the short opportunity haven’t present it self to us. Now,.. Looks like it finally ready.

NZDCAD is on the top area of HTF structure while forming an ascending channel while approaching this area. Now, the price has broken back below the ascending channel. In addition, it’s now breaking a small H1 bearish continuation flag to confirm this move to the downside.

I’m taking a short entry here, with SL above the flag, and target up to 0.86000 with so much more potential to be seen later.

Lets see how will this pair play out,.. Good Luck

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Here is the MOA FX technical analysis, please comment below if you have any question.

The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.

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Handel aktiv:
Trade Active now..
Kommentera:
More than 3 % running on this trade,.. i move sl to 0.90570 to secure some profit
Kommentera:
This pair almost hit 1st target at 90% rule, and now start to loosing momentum. I trail my sl to 0.90250, locking 2.6 % profit..
Trade stängt manuellt:
Manual close at + 3% as it seems starting to lossing momentum and can reverse soon..

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