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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2 Comments

  1. There are those that can be downloaded after purchase and other
    which are downloadable for free. When the lines come close to each other, the heap
    on your Forex chart will shrink. It was first developed by Donald Lambert
    and presented in Commodities magazine at October 1980.

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