NZDCAD Forecast Update And Follow Up

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NZDCAD Forecast Update And Follow Up

Hi Traders! Here I share with you the NZDCAD forecast update and follow up post. This trade moved perfectly as per our plan and provided us excellent profits and gets added to my list of  successful trades. Last week on February 4th 2020, I shared with you this “Technical Analysis – NZDCAD Forecast” Now let me first explain the technical analysis which lead me to take the bullish view in NZDCAD and then we will see how it has developed now.

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Lets summarize the idea first:

NZDCAD D1(Daily) Chart Analysis 

Bullish Trend Pattern, Bullish Divergence.

NZDCAD Forecast Update And Follow Up

 

 

NZDCAD H4(4 Hours) Chart Analysis –

Two Important Buy Zones, Bullish Divergence. Until these two buy zone holds my view remains bullish here.

NZDCAD Forecast Update And Follow Up

NZDCAD Buy Trade Provided Us Excellent Profits

On The H4 chart the first buy zone didn’t hold and the price dropped lower and it reached the second buy zone. The price respected this second buy zone and then it moved higher perfectly as we expected. We have collected good profits with this buy trade so far.

NZDCAD Forecast Update And Follow Up

 

 

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NZDCAD Forecast Update And Follow Up

 

If you have any further questions, don’t hesitate to drop a comment below!

 

To your success,

Vladimir Ribakov

 

 

 

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