Trade of the Week – 23-03-2025 – NZDCAD
Weekly Highlights and Performance Overview
Welcome to our “Trade of the Week” page! Here, we spotlight the standout trading signal that delivered exceptional results for our members. This page serves as an educational resource, showcasing the performance of selected trading signals and offering deep insights into the strategies that led to their success.
Featured Trade Signal
Date of issue – 23-03-2025
Pair – NZDCAD
Entry Price– 0.8336
Stop Loss – 0.8377
Take Profit 1 – 0.8295 | Reward to Risk Ratio – 1:1
Take Profit 2 – 0.8213 | Reward to Risk Ratio – 3:1
Result at a Glance
Outcome – Hit Both Targets
Note: This trade was shared with our members last week as part of our weekly signals service. For more details, view the original signal here.
Strategic Insights
- Target 1: Set a 1:1 reward-to-risk ratio to ensure a breakeven point.
- Target 2: Set at a 3:1 reward-to-risk ratio, allowing for a maximum profit before the end of the week.
Market Conditions and Analysis
NZDCAD opened the week very close to an area of resistance. The decision was to Short at 0.8336. Plan worked out perfectly.
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