NZDCAD LONG - POTENTIAL REVERSAL ZONE
Although 
NZDCAD has not completed a technically valid Gartley pattern since the C point has exceeded its .886 conventional limit, the pair has still found support in the .786XA area. In addition to this key retracement level, there is confluence in this area between 1.272AB=CD and the 1.272 projection of BC. To add to the bullish bias, a missed monthly pivot sits about 1,000 pips above the PRZ. I like to enter at the bottom of the PRZ with a target near the missed monthly pivot for April, 2015.
NZDCAD has not completed a technically valid Gartley pattern since the C point has exceeded its .886 conventional limit, the pair has still found support in the .786XA area. In addition to this key retracement level, there is confluence in this area between 1.272AB=CD and the 1.272 projection of BC. To add to the bullish bias, a missed monthly pivot sits about 1,000 pips above the PRZ. I like to enter at the bottom of the PRZ with a target near the missed monthly pivot for April, 2015.Trade fechado: objetivo atingido
T1 Achieved: SL Moved to B/E and .5 position closed at +488 PipsTrade fechado: objetivo atingido
T2 Achieved: +860 Pips and countingTrade fechado: objetivo atingido
T3 Achieved: +1001 pips!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.