NZDCAD – Sell Setup Forming

The pair might be forming a great sell signal as we have a few confirmations looking on the H1 chart. What do I mean? Let’s see:

Technical Analysis:

H4 – Hidden Bearish Divergence forming

H1 – Short term down trend line, double cycle up, bearish divergence

Entry Sell Idea:
Divergence on the H1 has already so we can join in a bearish attempt.

Target 1: 0.8830
Target 2: 0.8730
Stop Loss: Protection above the trend line and resistance zone

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.