NZDCAD DAILY LONG TRADE UPDATE

This trade setup was identified on November 23 and continues to move sideways. Price continues to reject higher prices as noted by the long upper candle shadows. I was taught in my formal trading training if price doesn't start to move in the expected direction after 3 to 4 days I should close out the trade as the probability increases that price could start to move in the opposite direction. I am now closing this trade with a small gain. I will now wait for another trade setup.