NZD/CAD
Long
Updated

NZDCAD BUY

75
I bought NZDCAD, targeting the 0.84011 level. The recent downtrend seems to be stabilizing around 0.83464, giving us a solid base for a potential rebound.

My strategy, suggests we’ll see some ups and downs but generally trend upwards towards 0.84011. I’m expecting this to play out over the next few days-weeks.

btw, I don’t use a stop loss; instead, I go based on market behavior and cycles to determine whether a trade is invalid or not. I’ll be watching the price action closely and might add to my position if we see minor dips. Using minimal leverage to keep things safe. 👊🏾
Note
This one is still valid.
Note
They all eventually hit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.