FX:NZDCAD   New Zealand Dollar/Canadian Dollar
619 11 27
Selling the pullback on the daily chart . when bearish candlestick formation appears. this pair may run from 9100 which is just ablove the 382 pullback or the bearish formaition may come in a little higher. My first target is .8755 pivot . Second target is .8477 which is the D extension. Thanks!
Trade active: Selling 9080
Trade active: Looking for 88 at least on the first target
Trade active: I've pull 100 pips off the first one and am break even. Keep going!
Trade active: Go to 88!! take another one off and hold. into second target.
Trade active: I am still on this with the profit take yesterday at 88. I will resell the test of the bullish engulfing... should provide about the resell between 8925 and 8975. Will update.
Trade active: It looks like I missed the add on at 8925... I will have to wait. Stll running the rest of them. If this can break the downtrendline it can run into 8450. Thanks!
Trade active: OK. I am at break even on this and have pulled off one half of the position from 91. I see this buying to the 2 hour 618 around 8990 or 90/ remaining bearish all week.
Trade active: Keep going.
Trade active: Keep going. Look for the pink line today.
Trade active: I have been pulled to break even on this for a while. We will look for the touch of 8727 prior to the annoucement. Thanks!
Trade closed manually: We have a double bottom that I managed a stop reverse on today... This was a fun short! :)
Trade active: Reentered with the bulls once we broke the 89 area yesterday... I am looking for 90 first target.. You can see the higher timeframe structure on the chart. Thanks!
Trade active: One off for 120 and break even. If you are a beginner, I highly recommend aussieusd nzdusd or this canada cross on nzd.. I am holding this for a bull trade up to the top of that pennant. Thanks!
Trade active: You guys know the drill on this one... I reentered 90 short looking down into .87 I am just going to keep adding.
Trade closed manually: We currently have a little more of a bullish bias going... I will re-address......
Its Looking great! @hope.bleecker
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hope.bleecker MarlyForex
Thanks Marly. I have actually removed the longs and now am looking to trade off the bottom of the channel. 8775 area. If you would like, take a look next week at it.
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hope.bleecker Zohaib_Malik
Hey there. Thanks for this two hour chart. I arrive at that same level on the 4 hour chart via the 2 hour 618... Thanks for the post!
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hope.bleecker Zohaib_Malik
Sharose, (I don't know if that is your first name so I am making an assumption. Sorry if I get it wrong.) I love this chart. I am seeing a double bottom on the new zealand canada with support in the 8775 area. Have been scalping from that line with the double bottom. See more up to the top of your channel there... Holding the long now.
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Zohaib_Malik hope.bleecker
Yeah that is my first name!
I think this is a good place to long. Here is the currecnt scenario
snapshot
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Nice analysis. What's your thought on NZD/USD including 0.7 level?
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hope.bleecker FXJakovskii
Market will provide it... I am currently off the entry for this at 91 but am watching it and will reenter. This price action has more to do with oil than anything else.. not necessarily driven solely by nzd.
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hope.bleecker FXJakovskii
I will send you a chart on nzdusd via pm before RBNZ.. the announcement might fulfill our targets long..
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