NZDCAD 1hr update

the PRZ has been hit
divergence shown
we have broken the trend with moment
the buy has been validated
will buy in on the next correction

*currently waiting for buy in*

Note

REMEMBER overall trend is bearish
for me i only trade the overall trend
I only hedge when I am expecting an excess of 100 pips
in that case for now I will let the correction play out and wait for the sell

Note

if you look at the live chart this pair started off with a nice impulse. I will look at placing a position at the end of the correction of that impulse to ride out the rest of the correction.

Note

NZDCAD has broken 23.8% will expect a push to the 38.2%

Note

currently sitting in a correction
upon termination of the current correction I will take a long position for a push to the 32.8

after take the long position I will be looking for a nice correction where I will be hedge a short position then finish out with a long to finish the correction

sdailey23

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