NZDCAD H1 – Follow-up trade +138 Pips
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.
- Background is strong.
- Strong signals (Major Demand, Minor Demand) near the trendline.
- Dynamic trend turned from red to green
- Entry in a down-bar near the dynamic trend
- Exit by reaching TP level
Total +138 Pips