Idea created on basis the Supply&Demand strategy.
More detalis on my Forum: NZD/CAD
Price made move down on m15 chart without retrace to FIBO 61.8. So I will try catch secound possible move down after retracement..
Possible move up after retracement to FIBO 68.1.
I place buy order a litte lower.
Possible move up after remove last peak. Waiting on retracement and will look profit on the end of gap.
Try upward move of price to be created.
Try to catch up move. Wait on retracement.
Price removed last valley so I will try continue move down but sell entry will be higher that FIBO 61.8.
Possible move price in long direction as continuation last big move on D1 chart and after removed last 2 peak on H1 chart.
Price remove last peak which do LL. Waitng on retracement.
Big move price up observed on D1 chart, correction and now good imbalances to againg go long after retracement to FIBO 61.8 level.
Next chance to price move down after retracement to FIBO 61.8.
Next opportinity to move down after retracement to FIBO 61.8.
Continuation my idea to short on this pair.
Price removed last valley (no close price below) so i will place sell order on FIBO 61.8 retracement.
If price don't close below that last removed valley it may retrace to FIBO 78.6.
It is possible to connect to last trade idea: https://www.tradingview.com/chart/GOLD/lOBdMUiu-GOLD-H1-Short/
After remove last valley and retracement price to FIBO 61.8 and little higher.
Continuation of last idea.
Trade on continuation up move of price observed on D1 chart.
There was a correction dow, and now after removed last peak na H1 chart there is opportinuty to go long on FIBO 61.8 retracement.