NZD/CAD: Bullish Reversal running
> breakout of bearish trendchannel
> Higher-high-higher-low sequence established
> weekly high broken to the upside
> 200er MA in H4 protecting downside
> next downward trendline fard away
> POC volume below current levels
The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our Stop Losses are far (see SL zone) to give our trades room to breath.
This way, we are achieving an unusually high success rate. I have included the past entries with the WSI H/L Wall Street system in the chart, as usual.
Feel free to reach out with any questions or comments.
Meikel & Your Team WSI
PS:
Join our stream tomorrow! The link will follow shortly in the comments.... See you there!
> breakout of bearish trendchannel
> Higher-high-higher-low sequence established
> weekly high broken to the upside
> 200er MA in H4 protecting downside
> next downward trendline fard away
> POC volume below current levels
The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our Stop Losses are far (see SL zone) to give our trades room to breath.
This way, we are achieving an unusually high success rate. I have included the past entries with the WSI H/L Wall Street system in the chart, as usual.
Feel free to reach out with any questions or comments.
Meikel & Your Team WSI
PS:
Join our stream tomorrow! The link will follow shortly in the comments.... See you there!
Trade closed: target reached
We reached the target area. Congrats.
Telegram: @TeamWSIMeikel
*Write us with "Info please" to chat with a real Wall Street Trader with a 5+ year verified track record
*Write us with "Info please" to chat with a real Wall Street Trader with a 5+ year verified track record
Related publications
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.
Telegram: @TeamWSIMeikel
*Write us with "Info please" to chat with a real Wall Street Trader with a 5+ year verified track record
*Write us with "Info please" to chat with a real Wall Street Trader with a 5+ year verified track record
Related publications
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.