Short NZDCAD now

The NZDCAD just completed a fifth wave of up trend. The Elliott wave pattern is too good to be true. It is extremely over buy. I will predict an Elliott retraction wave would start soon. But since previous long CAD trades have been failed couple times. So, there is high risky and this trade could fail. But based on Risky/Reward ratio, it is still worth to try with small stop and tight trail stop.

Yorum:

Update stop to open price.

Yorum:

0 profit. Order closed.