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NZDCAD Buy Idea
New Zealand Dollar/Canadian Dollar
Short
NZDCAD Buy Idea
By VladimirRibakov
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Aug 10, 2017
4
Aug 10, 2017
D1 - Price moving inside a range, Potential special cycle has formed inside and potential divergence to form as well
Price is expected to reach the uptrend Line that coincides with the bottom of the horizontal range.
H4 - Price reached magnet zone
So from this zone and a bit lower we can start looking for buy opportunities with trend lines breakout or FLC based entry.
Invalidation - If the price break below the D1 channel (Fb is ok)
Bullish Trend Line
buy
Divergence
magnetzone
NZDCAD
specialcycle
Trend Analysis
Trend Line Break
VladimirRibakov
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