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A bullish trade was made on the NZD CAD after it started breaking out from the large Daily Consolidation setup. The Breakout started on March 7 as the bullish candle formed above the 0,9211 Resistance to move north by 200 pips.
DAILY CHART - NZD CAD
The entry took place using the 4H Chart when a breakout took place from a pennant. Entry took place at the close of the candle with stop loss just below support and the limit set for 120 pips- the area at which the breakout was expected to end given…
DAILY CHART - NZD CAD
The entry took place using the 4H Chart when a breakout took place from a pennant. Entry took place at the close of the candle with stop loss just below support and the limit set for 120 pips- the area at which the breakout was expected to end given…