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VladimirRibakov

NZDUSD Buy Idea

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
VladimirRibakov  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis NZDUSD buy Parallel Channel doublewavecorrection Bullish Divergence
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trendanalysis nzdusd buy parallelchannel doublewavecorrection bullishdivergence
W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum.

D1 - Double wave correction to the breakout line.

H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.

H1 - We have bullish divergence.
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