SIMPLE . POWERFUL . EFFECTIVE

We use Simple, Powerful, Effective Price Action Trading Strategies to trade forex.

NZDCAD Daily Chart (31 March, 2016)

NZDCAD Daily Chart (31 March, 2016)

Bearish Shooting Star formed at the channel resistance. Notice in the daily chart above, we have a market that is making lower highs and lower lows, this represents a descending equidistant channel. We looking for a chance to sell the pair to trade with the direction of the equidistant channel. Once the sell is trigger, we would set our target at the latestRead more about NZDCAD Daily Chart (31 March, 2016)[…]