NZDCAD H1 – Follow-up trade +138 Pips

2015-10-25 13_01_33-NZDCAD,H1

In previous NZDCAD analysis it was noticed that the price was moving in mark-up phase. It is possible to draw an up-trendline with several touches which represents support line for the price. The following trade was based on near-trendline setup.

  1. Background is strong.
  2. Strong signals (Major Demand, Minor Demand) near the trendline.
  3. Dynamic trend turned from red to green
  4. Entry in a down-bar near the dynamic trend
  5. Exit by reaching TP level

Total +138 Pips


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