NZDCAD potential rally

May 11, 2018 at 09:58
670 Views
8 Replies
Member Since Oct 28, 2016   2 posts
May 11, 2018 at 09:58
Hi

Traders I just diceded to share my trade idea with the community, I see a potential rally on this pair as long as price respect that demand zone that validate up trend. breakdown from the demand zone will lead to price decline to 0.83

your input will be appreciated



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Member Since Apr 09, 2018   12 posts
May 13, 2018 at 06:29
I like your analysis. I Would definitely like to see price stall in the support zone for a couple of weeks before entering an positions
Member Since Aug 27, 2017   994 posts
May 13, 2018 at 07:16
I think, the volatility is relatively low here! that’s way, till now I have never used this trading pair. By the way, nice analysis! I hope, you’ll be consistent here with your trade ideas.
keeping patience.......
Member Since Aug 14, 2017   3 posts
May 13, 2018 at 08:04
I would of waited for a confirmation candle rather than jumping straight in
The successful man is the average man focused
Member Since Apr 16, 2018   12 posts
May 13, 2018 at 08:22
Are you using fib retracements as well?
LongTerm32
forex_trader_517233
Member Since Apr 27, 2018   18 posts
May 21, 2018 at 06:13
LongTerm32 posted:
I may have caught the bottom!😀

Stop at break even now. Let's see how high it goes.
Member Since Aug 27, 2017   994 posts
May 21, 2018 at 07:09
LongTerm32 posted:
I may have caught the bottom!😀

May I know the final result of that trade? I am really interested to know.
keeping patience.......
LongTerm32
forex_trader_517233
Member Since Apr 27, 2018   18 posts
May 23, 2018 at 07:20
Hi AmDiab,
That never set up right so I didn't trade audnzd. I am now long nzdcad looking for a price high on May 24/25.😄
Member Since Aug 27, 2017   994 posts
Jul 01, 2018 at 07:02
I really liked your chart & trade idea! By the way, what’s your current opinion on this trade?
keeping patience.......
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