NZDCAD entry opportunity earlier this morning

So you’ve probably heard this quite a bit now, but, once again, NZDCAD demonstrates another long entry opportunity to which I got in earlier this morning.

Screen Shot 2018-02-28 at 1.19.25 PM

While it’s not a daily level that held up, NZDCAD selling strength weakened from an intra-day standpoint. You can see that ranging pattern and immediate bullish candle following the previous bearish candle in the highlighted yellow circle. I took a stab at it and entered shortly after the formation of the second bullish candle.


Screen Shot 2018-02-28 at 1.29.33 PM

Since we’re at another swing low, I currently do not have a an exit target.



A Pip For Your Thought?

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s