NZDCAD: Triple top and potential 12 month decline ahead

2016년 2월 18일

This chart is significantly interesting for a variety of reasons.
On a technical and fundamental basis I think we can expect NZDCAD to sell off in the intermediate to long term, and right here we have the perfect excuse to join in on this action as a position trade.
The entry is a discretionary entry, below the previous monthly close, in case next month, we stay under the monthly mode at 0.92063, which would confirm the 12 month decline and the target on chart.

Good luck if taking this trade.
Cheers,

Ivan Labrie.

2016년 2월 24일

노트

En route, we have to be patient with this one.

2016년 3월 3일

노트

Possible to reenter or add to it.

2016년 3월 6일

노트

If march closes below the stop this downtrend is confirmed.

2016년 3월 26일

매매 수동청산

Might be wise to close the short partially if you're in and move stop loss to entry.

2016년 4월 28일

매매 수동청산

You can close and flip long to catch a retrace. Stops below 0.855

2016년 4월 28일

노트

cover*