SHORT on NZD/CAD

REASON FOR THE ENTRY: Cross of the 2 HULL Moving Average over an Andean Oscillator Sell Condition in 1-Hour Timeframe (2XHULL+AO1h) , MACD 2 Hours is Bearish, MACD in the daily is Bullish, 1000HMA is FLAT
Context:

  • Rebounded on the Short Term Resistance (In red)
  • Retracement reached 61.8 FIBO

EVALUATION: B-Trade (Medium Size)

TYPE: SHORT

RISK: 0.05 Lots

PROJECTED R:R TARGET: 4.4R

Evolution of the trade in the comments section, below...

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Moving SL below BE

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SL, 0.2R

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