JAGfx

Fri 20th May 2022 NZD/CAD Daily Forex Chart Buy Setup

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OANDA:NZDCAD   NZD/CAD
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Buy. Slightly different as the previous Buy signal has remained valid (no red QMP Filter dot) so therefore a trend line was drawn across the highs, and when that was broken cleanly, a 2nd Buy trade has been taken. Enjoy the day all. Cheers. Jim

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