Home Forex Trade Updates NZDCAD Buy Idea

NZDCAD Buy Idea

April 18, 2016

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Pair has created a bullish divergence on the h4 chart which is a reason to believe we might see a continuation up. Here is my idea to join the bulls:

Technical Analysis:

H4 – bullish convergence

H1 – bullish hidden divergence already forming

Entry

Wait for the price to reach the buy zone as marked on the screenshot and go long with a bullish candle pattern

Yours,

Vladimir

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