See daily chart of NZDCAD below for the discussion that follows.
There’s 2 areas of resistance that I will be looking to short NZDCAD off of, should price get there. For me to consider a trade in either of these areas, I will need to see bearish candlestick price action.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
