The Canadian Dollar/New Zealand Dollar was able to break the uptrend line.
Also, we can see Regular Divergence (RD-) between RSI Indicator and Price.👇
I expect the Canadian Dollar/New Zealand Dollar will go down to my 🎯targets🎯.
🔅Canadian Dollar/New Zealand Dollar Analyze ( CADNZD ) 4H⏰.
Do not forget to put Stop loss for your positions (For every position...
Canadian Dollar/New Zealand Dollar is running near the important resistance line and resistance zone.
I expect the Canadian Dollar/New Zealand Dollar will go down at least to the support line.
Also, we can see the Regular Divergence (RD-) between MACD Indicator and Price.
🔅Canadian Dollar/New Zealand Dollar Analyze (CADNZD) Daily Timeframe⏰.
Do not forget to...
Potential for 10:1 + risk reward?? CADNZD is pushing to break out over multi-year highs! I am trading this with a trailing stop and going to ride her as far as she takes me!
Welcome back! Here's an analysis of this pair!
**AUDNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Potential buy opportunity.
Early days yet but we could see a right shoulder forming.
However there is a small gap to the downside so if buy pattern fails this could lead me to suspect a gap close instead.
wait to enter on neckline break and enter on the bottom of the right shoulder with a tight SL.
Call it magic or executive outcomes, but this one has been painting many, many ABC patterns and looks like will continue to do so. This pair is going down, no offense. Goals in green, invalidation in red. Not financial advice, do your own research.
... now that that the Kiwies reelected the Communists. Of course it's Commie vs. Commie thus, this will be a massive short, eventually.
But for now, it's a LONG.
Here is the Daily
after all the technical analysis we can see that price rejected the significant zone the first time so, i think it will do the same this time. previously it was support now will turn into resistance which can give us an opportunity to take a nice short.
Hello Fellow Trader!
CAD/NZD broke through a multi – month trend line and targeting at least 1.1500
Elliott Wave – CAD/NZD
- Completing the B Wave of the possible ABC ZigZag or Wave 2.
- Commencing the bare minimum wave C or extended impulse wave 3 to break A.
Key Points:
- Price below above the 200 EMA
- Price holding above the 50 EMA
- Fibonacci 78.6%...
