This pair has a descending triangle and is currently back at the support zone it has not be able to break from previous attempts in the past.
On the lower timeframes (1hr, etc) there is a bounce off of the golden zone of Fibonacci and I am looking for this pair to continue pushing up.
Here is the play I will be taking on this pair:
PAIR = NZD/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 0.86595
STOP LOSS = 0.86120 - 54 PIPS
TAKE PROFIT = 0.87614 - 95 PIPS
On the lower timeframes (1hr, etc) there is a bounce off of the golden zone of Fibonacci and I am looking for this pair to continue pushing up.
Here is the play I will be taking on this pair:
PAIR = NZD/CAD
ORDER TYPE = MARKET BUY NOW
LOT SIZE = Micro lot (0.01) (0.02)
ENTRY PRICE = 0.86595
STOP LOSS = 0.86120 - 54 PIPS
TAKE PROFIT = 0.87614 - 95 PIPS