Daily time frame : Price is approaching strong support + demand zone. Price got rejected multiple time at this zone. We will expect the same behavior.
H4 time frame : AO divergence: Price is making lower low while AO is making higher low => Divergence => Seller is getting weaker.
Let’s monitor price action and look for BUY entry
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
NZDCAD NZDCAD NZDCAD
H4 time frame : AO divergence: Price is making lower low while AO is making higher low => Divergence => Seller is getting weaker.
Let’s monitor price action and look for BUY entry
JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE A CONSISTENT TRADER.
NZDCAD NZDCAD NZDCAD 
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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.