NZDCAD Buy Idea
D1- After double wave down, price is moving inside a pattern. We have got two false breaks and bullish divergence.
H4 - We may expect double wave to form with price reaching the bottom of the pattern and then we may expect a bullish reversal.
H1 - We may expect triple cycle down, which will also form a double cycle on the H4 chart. We have a perfect magnet zone that has formed. Once price reaches this magnet zone we may expect a bullish reversal to happen and we can look for buys.
H4 - We may expect double wave to form with price reaching the bottom of the pattern and then we may expect a bullish reversal.
H1 - We may expect triple cycle down, which will also form a double cycle on the H4 chart. We have a perfect magnet zone that has formed. Once price reaches this magnet zone we may expect a bullish reversal to happen and we can look for buys.
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