NZDCAD Update on breakout!! 150pips!!

Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern !
Entering short here with 40pips SL !

What do you think?? Care to comment? join me on telegram so we can discuss other analysis aswell!! t.me/tradingbayfx

تعليق:

Reinforced my entry now with price touching the resistance line of the pattern! SL is up to .8750 !

تعليق:

Price holding well on 0.382 fib!

تعليق:

Closed first entry with +70pips

تعليق:

Second entry running +100pips! Waiting to see if price will rspet trendline one more time or will it continue its way down!

تعليق:

Closed at +150pips

تعليق:

+220pips combined