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Tuesday, September 3, 2013
Trade Call: Buying NZDCAD Based on break of psychological resistance
This is an example of how I make entries as shown here in the buy Trade Call ( SL 0.8107 TP 0.8393) posted to members of my Trade Room. Our expectation is for price to make an attempt to reach 0.8400 psychological resistance zone. This trade was made based on the bullish break noticed on the 4 hour time frame, also evident in the 123 bottom break on the daily time frame after the formation of a Pin bar on August 28.
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Labels:
NZDCAD,
Trade Setup
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