bullish 2618 NZDCAD good opportunity right now.
Price is currently at the bearish weekly trend line. In the shorter term bearish corrections are possible but I expect the trend line to be broken and 0.98 - 1.00 zone to be reached. If that happens I want to see a trend line breakout to the down side on the Daily chart, followed by corrections and then sell.
NZDCAD Price at Resistance zone 0.953-0.958, Watch out for bearish evidence (significant Price Action) and a potential move to the downside from this major zone.
HI Folks There is a good setup on USDCAD first showing a strong pattern indicating this is a retracement in a bearish trend. As you might know USDCAD correlates expetionally well on the montly gold has been very straight bullish since January however It'll be better for Gold to find support either around 1.26000 or much further depending on your trading style and...
Waiting for PA at that supply level
Up trend prior to form Head and Shoulder. Tested the neckline (Resistance) for the fourth time. Money Flow Index divergence. Entry: With good price action candlestick. TP: 0.90, SL: 0.97. Trade invalid if breakout with high volume. Last week candlestick was a movement without volume support. 459K compared with 743K (The week before). A nice fibo ratio if you...
0.95300 should be a nice REVERSAL ZONE! -- Lets wait for a DAILY REVERSAL CANDLESTICK PATTERN! Make sure to LIKE, COMMENT and FOLLOW!
My SHORT is activated, because it retested the TRENDLINE and refused it! So now, lets enjoy these PIPS, make sure to like and leave me a comment with your opinion about it! (310 PIPS)
looking for a nice gartley pattern right here :) let the market move and see
NZD/CAD has breached major trendline support at 0.9275, intraday bias is lower. Technicals on 4-hourly charts support downside, Stochs have iolled over from overbought zone and RSI is biased lower. Immediate support is seen at 0.9252 (4H 20-SMA), break below will see test of next support at 0.9215 (trendline). Resistance on the upside is located at 0.9275...
H&S projected target met. With reduced BUY momentum. Divergence on AO.
this is a long term view of NZDCAD Its in the long term (weekly or monthly) correction and this wave to upside also will be a correction.
Hey guys! Been so busy with stuff that I haven't got the chance to post! I found a really really strong H&S setup where the trend is about to break! This is what it looks like on the 4H chart: What influenced my decision: -Strong trend on 4H -Price failed to make a higher high -H&S pattern shows up Good luck guys! May the pips be with you!
We're looking at potential bearish cypher pattern(yellow) on NZDCAD 1H chart..My prediction is after the gartley(blue) reached the target, the price will go up and complete the cypher and that gives us a chance to short again..The cypher will complete at 0.9243..Stops and targets as shown above..Good luck :)