See daily chart of NZDCAD below for the discussion that follows.
NZDCAD has recently started making higher highs and higher lows. I’ll be looking to go long at most recent support (previous resistance) if I see price action / candles as per my strategy.
Be careful trading out there…markets seem a bit volatile at the moment.
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 advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.