NZDCAD Potential Uptrend Forming

1月26日NZDCAD

D1: Price bounced from daily support.


H1: Price break previous resistance and retesting it.


M5: retracement trend approaching H1 support zone and shows slow down sign. Wait for market structure shift and clear uptrend to enter long.


Entry: Once M5 confirm the rally, enter with TP ~0.82725, entry & SL will be determined by market structure.

If it plays out nicely in ~5-6h then we might have a position.

1月26日

评论

Price is turning, waiting for more structured trend before enter.
Does not seems like price will reach target by EOD, let see how it will play out.

1月26日

订单已取消

Price runs deep into the zone, no clear direction. Just monitoring

1月29日

评论

Price now has reversal signs, waiting for lower time frame trend confirmation.

1月30日

交易开始

Trend established, trade open

1月31日

交易手动结束

Trend shifted, market structure H1 no longer favorable.

Price may still go up with lower chance.