NZDCAD-expecting major reversal-diamond pattern on H4
My bias is long on all NZD pairs. This one is showing signs of trend change also.
We have a potential bullish gartley and fib overlapping on W1 chart
Bullish divergence on D1 chart:
A diamond pattern on this H4 chart, price is rejecting from the figure 0.8500 and the new rising trendline.
I like diamond patterns. I have succesfully traded it before:
Best regards
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 80% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectfull and constructive ideas are welcome.
We all are here to share ideas, learn, have fun and improve our performance.
We have a potential bullish gartley and fib overlapping on W1 chart
Bullish divergence on D1 chart:
A diamond pattern on this H4 chart, price is rejecting from the figure 0.8500 and the new rising trendline.
I like diamond patterns. I have succesfully traded it before:
Best regards
*****************DISCLAMER********************************************************************
This is just and idea, not a recommendation to buy or sell.
Always do your own analysis before opening a trade.
Managing is 80% of a trade, anytime I may decide not to open, close or even stop and reverse a trade depending on price action.
Any respectfull and constructive ideas are welcome.
We all are here to share ideas, learn, have fun and improve our performance.