forexmilitia

Bearish NZDCAD

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OANDA:NZDCAD   NZD/CAD
The daily trend is Bullish on the NZDCAD(its trading above the 200 Daily SMA). With that said, there is a retracement playing out going to either the Fibo 50% or the Fibo 61.8%. At the moment it is at the top of a downward channel eyeing the Fibo 50%
Also sentiment on the pair is at an astounding 90% long. Sentiment is contrarian so short-term shorts are suggested to at least the Fibo 50% and the bottom of the channel.

Entry @ 0.8430 === SL @ 0.8550 === TP @ 0.8225
交易结束:到达目标:
Tp1 hit

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