Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill that huge imbalance lower and then to reject from trendline + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Hello Traders ! The NZDCAD Price Formed a Double Bottom Pattern. The Neckline is Broken ! So, I Predict a Bullish Move 📈. -------------- TARGET: 0.83200🎯
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), NZDCAD rejected the lower bound of the red channel and traded higher. What's next? 📈 NZDCAD has been overall bearish, trading within the falling channel in red. At present, NZDCAD is undergoing a correction phase, trading...
Hey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.82600 zone, NZDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.82600 support and resistance area. We would also like to consider the current bullish bias on indices and the bearish USD, these factors are positive...
Lately on NZDCAD price has retested the daily fair value gap and also closed below it, indicating a sell wave on top on that price has just taken out the previous monthly high now heading for the previous monthly low.
Weekly: - Hedge position - 3 leg -68 FC - Solid candle close - Very clean and impulsive S&D zone S&D zone where price is tap and go Daily: - Impulse has happend - No Daily FIB C - Seeing momentum is taking of 4H: - Waiting on deceleration - Black line = risk free - Potentially waiting on reversal pattern (-> because we are at selling regions)
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Nzdcad bearish forecast just waiting for fvg for sell trade conformation.
#NZDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDCAD. NZDCAD is breaking the main Falling Wedge Pattern. We can see a Good drop in price here. In this drop we can see gain upto 100Pips+. Keep in touch we will update further soon
Market Structure Bearish on Multiply Time Frames Daily Broke Structure on Friday to the downside My Entry is potentially at the Daily AOi There is Weekly Rejection at this level Daily Rejection at this Level Daily Bearish Engulfing Previous Daily Structure point Around Psych Level 0.82500 H4 Candlestick Rejection Rejection from Previous structure SOS...
Hey guys hope you are all having a wonderful and blessed weekend so far! Just wanted to come on here and make a post for a potential setup I see for the week ahead on NZDCAD! Not going to go super in-depth but will give a general breakdown of why I am looking at this pair to potentially trade. Lets dive in! OK so starting on the weekly timeframe price seems to...
NZDCAD is decelerating after completing the bearish harmonic pattern. The market overall is consolidating, bouncing from resistance and support levels. There was a big drop from this resistance level. We expect a sell-off from the resistance level since the market is decelerating and losing momentum. ------------------- Share your opinion in the comments and...
NZDCAD - LONG Look for buy setups on this level, it can push up anytime soon V.Ragu
NZDCAD - LONG Look for buy setups on this level, it can push up anytime soon V.Ragu
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83000 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83000 support and resistance area.
NZD-CAD has reached a Horizontal resistance level Of 0.8247 and the pair is Locally overbought so I will be expecting a Local bearish correction !