Categories: Technical Analysis

Looking for sell opportunities on NZDUSD

The pair has formed convergence on the H4 chart hinting that it should continue lower after correction.

On the H1 chart we are looking for the price to reach the zone between 0.7700-0.7730 and form hidden bearish divergence in order to go short.

Initial target should be 0.7550 and final target 0.7400.

Have a wonderful day and happy trading!

Yours,
Vladimir

Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.

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