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VladimirRibakov

NZDCAD Buy Idea

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
VladimirRibakov  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis NZDCAD buy specialcycle Divergence Bullish Trend Line magnetzone Trend Line Break
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trendanalysis nzdcad buy specialcycle divergence bullishtrendline magnetzone trendlinebreak
D1 - Price moving inside a range, Potential special cycle has formed inside and potential divergence to form as well

Price is expected to reach the uptrend Line that coincides with the bottom of the horizontal range.

H4 - Price reached magnet zone

So from this zone and a bit lower we can start looking for buy opportunities with trend lines breakout or FLC based entry.

Invalidation - If the price break below the D1 channel (Fb is ok)
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