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Pika7993

Sell with entry rule

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New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Pika7993  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis Relative Strength Index (RSI) NZDCAD support Support and Resistance
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trendanalysis indicator fundamental relativestrengthindex nzdcad support supportandresistance
As I expected we have a tiny gap up which brought RSI out of crossing oversold zone. My sentiment is some consolidation before a break. Consolidation would bring RSI out of oversold a bit more to drop back in with a break in downward momentum.

I am looking for the break to happen below .90700 to look for any entry point. Stop loss is above .91200. A break and close above will sentiment towards upward momentum to retest .91400.

Please comment with thoughts and ideas. Thank you.
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