Good morning traders, I´m posting a potential long term view for NZDCAD . A top might be formed around 0.965 and since then new lower highs . Also with the rationale of my other post that Oil prices bottomed, I have bearish bias on AUD & NZD vs CAD pairs SL @ 0.7275 You can subscribe to my mailing list for FX Alerts : eepurl.com 6 Trading Rules : 1. Never...
Waves within Waves, Short the 5th wave of the 4th Corrective move trading within the channel up till 61.8% Fibo level at price 0.8965, then Go LONG from this level to breakout the channel resistance 5th wave (impulse) on the Weekly chart. Apply due diligence.
STOP LOSS AT 127% FIB LEVEL. MQL5: www.mql5.com
Price has been breaking lower on the H4 chart and we are looking for potential short opportunities around the 0.9230 and 0.9300 resistance levels which confluence with 50% and 61.8% fibonacci levels as well. The Immediate resistance level is at 0.9150, with demand zone around 0.9000 region and supply zone around 0.9400 region. OUR DIRECTIONAL BIAS FOR THE...
Some directions with Rate of Change indicator. Happy trading! ____________________________ SUBSCRIBE to my TRADE SIGNALS with 15 DAYS of FREE TRIAL. Suitable for all traders. Please, contact me via Private Message, Email (insidemarketfx@gmail.com) & Skype (@insidemarket168).
NZDCAD is making a three wave corrective setback, possibly to around 0.91146 area, where black wave C would equal the distance of black wave A, and ideally make a reversal to higher levels. Even our fibo. ratio at 0.5 could indicate a reversal. www.ew-forecast.com @ewforecast
Last setup I've traded in $NZDCAD generated 1000 pips rally in this pair following a completion of a bullish weekly pattern (Orange). Obviously I didn't catch the entire move, but 400 pips was a very nice swing trade. Now $NZDCAD completed a weekly pattern (bearish) near 0.95 Elite Zone members already up 200 pips since our entry, but if you consider that we are...
NZDCAD - Selling Set Up - CAD Strong at this time !
NZD/CAD seems to go for the third attempt to break the resistance. If this 5-0 pattern works as expected, it could be impulse to the trend continuation. There is also some sort of inverted Head 'n' Shoulders pattern, which is usually considered a continuation (or at least not a valid reversal pattern) pattern. 1st attempt - March 2014 2nd attempt - March...
A bearish bat pattern with an overbought RSI hope it will work out well :)
FX:NZDCAD GARTLEY Point B: 61.8% can not touch 78.6% XA Point C: 38.2% to 88.6% AB Point D: 78.6% XA 127% ext AB Target: TP1 38.2% AD TP2 61.8% AD Safe Trades;