NZDUSD bullish hidden divergence 7 March 2014

Today there is a good trade setup based on hidden divergence signal on NZDUSD H1 timeframe. Today is 7 March 2014 and Zew Zealand seems to continue its uptrend since few days ago. Here is my trade setup on NZDUSD, target 10 pips.

buy nzdusd 7 march 2014

As you see, this morning on NZDUSD H1 timeframe, the overall MACD trend is UP and we spot a Stochastic at the oversold area, and also there is a bullish hidden divergence on Stochastic. So I open a Long position with 10 pips target. Hope this will be a good trade. Will post the result in next few hours.



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    on your Forex chart will shrink. It was first developed by Donald Lambert
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