21-06-2022 _ Short Term Bullish Idea _ NZDCAD H4
21-06-2022 _ Short Term Bullish Idea _ NZDCAD H4
1- Bullish Divergence followed by Convergence presents a typical case of consolidation / pullback and further continuation UP.
2- The price action retraced to a strong support zone and is bouncing up with the formation of Hidden Divergence which is indicative of a move UP.
Therefore, as long as the support zones hold my view remains Bullish.
Target @ 0.8326
Protection @ 0.801
1- Bullish Divergence followed by Convergence presents a typical case of consolidation / pullback and further continuation UP.
2- The price action retraced to a strong support zone and is bouncing up with the formation of Hidden Divergence which is indicative of a move UP.
Therefore, as long as the support zones hold my view remains Bullish.
Target @ 0.8326
Protection @ 0.801
Note
Correction please,Protection @ 0.810
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.