Last time this pair paid us well. I think NZDCAD is yet bearish so i’m focusing mainly on short setups to come. Here is my idea:
Entry H1 – wait for the price to come near the trend line where you can look for sell triggers (divergence, false breaks etc)
Targets: Aiming last support zone as first target should be a good level to look for. Let the second part run until opposite divergence occurs.
When you open a Forex trade, you may be focused on one thing: Will price…
The Forex market is open around the clock during the trading week, but that does…
Losing a Forex trade is part of trading. Even a well-planned setup can fail. The…
Many Forex traders spend years searching for the perfect strategy. They study indicators, learn technical…
The latest Federal Reserve developments have shaken the currency and precious metals markets, bringing the…
Forex trading is not simply about finding the right entry. You can have a well-designed…