RlcTrading

Why Im Holding Nzd/Cad For The Sell (See Montly Chart)

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FX:NZDCAD   New Zealand Dollar/Canadian Dollar
It is always nice to look at these higher time frame charts! I have entered a sell early and im holding in the negative but you can see we are at montly resistance!
Not only are we at montly resistance but this trend is "Picture Perfect" !!!!! This is a trending market and im holding the sell all month long or until at least the take profit which is on the chart!
If you can't sell this.... then you should pack your bags and go home! But if you have not entered yet , you should at least wait until you see at least 2 daily Red Candlesticks!!!! Make sure you confirm the sell so that you can get a better entry!

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