VladimirRibakov
Short

NZDCAD Double Wave Cycle Sell Idea

FX_IDC:NZDCAD   NEW ZEALAND DOLLAR / CANADIAN DOLLAR
NZDCAD             has a bearish convergence on the H4 chart, what we need now is a retrace in order to join the sells.
Therefore we go to the lower TF and try to sell when price is bouncing on the red TL. Sell after a bearish candle pattern and/or divergence in order to join the second part of a double wave cycle.

TP 0.8699
SL 2 pips + spread above last high after price touched the red TL.
leharman PRO
11 months ago
Good one, Vlad!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out