NZDCAD Double Wave Cycle Sell Idea
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.
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.
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