Trade plan 31 August 2016
-Daily chart
Price Action
Price has been moving in a range and is now approaching resistance
Stochastic is currently overbought
Market
The 55 and 21 Moving average indicate a strong bullish trend

-H4 chart
Price Action
Price bounced of the 50% fib zone and broke through resistance
Stochastic is heading to the overbought zone
Market
The consist of a great angle of separation between the 55 and 21 moving averages which confirms the bullish trend
-H1 chart
Price Action
Price bounced off the 50% fib zone forming a higher high and price previously broke through resistance
Market
The 55 and 21 Moving average cross has occur with a great angle of separation
Planed Entry
Looking for a role bullish role reversal on H1/M15/M5

NZDCAD Daily

NZDCAD H4

NZDCAD H1

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