Hey guys, the pair has broke a strong trend line to the upside. Looking to buy this pair as soon as the pullback on H1 is over. Target is next fib level as shown in my chart. Cheers Jesse
H4 - Price respecting uptrend line, we may expect it to hold. M15 - We may now expect the price to move lower and reach the H4 uptrend line also creating bullish divergence. Then we can go long with the breakout of the downtrend line.
Hey traders, On the NZDCAD we can see that price has broken the bullish trendline, so the bulls may have free play for now. Cheers
Time to sell this pair again........ see chart for explanation
After a new bullish trend stars, I think that still going up at least to 0.9105 completing the shark pattern. First we got to wait for the pullback to the green zone fot take a long trade. There is a key zone at 0.9105/10 where is the daily resistance. if price brekeout thar zone, we can go to 0.9230 for complete a larger shark pattern. I hope that you can take...
- NZD/CAD has shown a decisive break above 20-DMA, currently hovers around 50-DMA at 0.8855 - RSI biased higher, gaining upside traction at 56 levels - Stochs are biased higher, momentum studies are bullish - We see bullish divergence from price action on RSI and Stochs Support levels - 0.8787 (20-DMA), 0.8785 (5-DMA), 0.8740 (Sept 12 low) Resistance levels -...
Here is a nice breakout on nzdcad , looking to buy on the retest . - Fib 38.2 + support zone - Trendline accumulation 3 Target as you can see on the chart Put stop loss in profit when first target is hit . Good luck :)
As indicated by the chart we should start expecting a deeper correction before one last push to the downside. Should the count be incorrect, the possibility exists that the pair could just take off from the Buy Zone I highlighted on the chart. However, I still strongly believe there's one more leg to the downside in order to complete a much bigger correction of...
NZDCAD / H1 / Flag Pattern Market : Forex Pair : NZD CAD Time Frame : H1 Strategy : Flag Pattern Risk Ratio : max %2
D1 - Triple cycle completed with divergence. Price bounced from the alternative trend line. We have further confirmations in the form of horizontal false breaks and alternative trend line false breaks. We may now expect the price to move higher until it reaches the zone shown in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the...
D1 - Triple cycle completed with divergence. Price bounced from alternative trend line. Further confirmations in the form of horizontal false breaks and alternative trend line false breaks. Based on the triple cycle we may expect the price to reach the zone marked in the screenshot. H1 - Triple cycle up, double cycle down, we can go long with the breakout of...
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We can clearly see that the pair is still in a correction, specifically in an Expanding Flat according to my view. Legs a and b have already been completed and I am now anticipating the 3 and final c leg to finish up to the 0.9080 levels. One more small move to the downside (0.8610 level) is possible but the overall bias is to the upside. One more confirming...
The pattern that has dominated the NZD/CAD currency pair for the last three months is a descending triangle. The rate was respecting the boundaries of this pattern for some time. However, this situation changed early in November when bulls failed to reach the upper boundary of this medium-term pattern. From this point forward, the pair has been stranded in a...
Triple bottom on the daily.. Price above its weekly uptrend line as well, watch for a break of the CTL & resistance turned support to go long
Now NZD/CAD has shown a bullish bat form near 0.8720: this pattern in this case, B is 61.8 percent of theXA andD is 88.6% of XA. 88.6% of XA retracement is the decisive factor in bat form and is only 0.886 of XA.And D points need to be determined by the BC segment: here, D is 1.618 times as far as the BC, forming a potential reverse zone In the area of...
A bullish gartley pattern is very close to completion with RSI at oversold level. If you refer to the daily or even weekly chart, PRZ is sitting at a major support level. Nice R:R at 1.8 (TP1) and 3 (TP2). Good luck.