nelsyboy

NZD/CAD Possible Move

Largo
nelsyboy Actualizado   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Today, price came down but Momentum (14) increased. Volatility has slowed considerably. MA's in correct alignment and Momentum is still positive. There is also a channel which todays price has stopped right on the cusp. It does look likely that the next move is up.
Operación activa:
Move the stop to break even. Momentum is up which is a good sign and the volatility has shown a larger than average increase which indicates a lot of interested buyers.
Comentarios:
Quite a big move down today and it shows on both the momentum and volatility. I have moved my stop to make sure I have all overnight fees covered so it is a proper break even if price drops again tomorrow.
Operación cerrada: precio stop alcanzado:
Predicted the move up so happy with that and covered expected drop.
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