Nzdcadsell
NZDCAD 100PIPS SHORT POSITIONWe are looking for a trend continuation here, waiting for confirmation on that triangle pattern to breakout and enter a sell position around 0.8907 and hope for it drop 100pips. it's a dangerous trade because of news coming on NZD (wednesday) and CAD (friday). On the other hand NZD interest rate decision could launch price back to 0.8950 zone (i believe it wouldn't any go higher) and thats why we will choose to place a higher SL. lets see what happens !
SELL NZDAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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NZDCAD It's a Rising Wedge bro.NZDCAD Rising Wedge Pattern.
be Patient in every situation don't rush wait for the confirmation before entering.
Patience is the key to success.
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