Hello traders! ⁉️This is my analysis on NZDCAD . Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price rejected from bearish orderblock + mid figure 0.82500. My target is that huge imbalance below that has to be filled. Like, comment and subscribe to be in touch with my content!
NZDCAD is creating an ascending channel while approaching a resistance zone. Price is decelerating in that zone that indicates bears are running out of steam. We might see a sell off. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
idea for nzd cad it cannot break the support so may rise up approximately 60 point enter now and put your stop lose
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hi Traders, NZDCAD is at a point of interest to see if we will see bullish momentum or a leg down yet. On the HTF price is at the upper boundary of the strong reversal Descending Channel. On the LTF price impulsively moved upwards expecting a contiuation correction to form for a buy opportunity. Trade Safe Thanks.
I will be doing a multi time frame analysis of this pair. Starting from the monthly all the way down to the daily. Monthly: Price is currently in a downtrend making lower lows and lower highs. We could expect the formation of a lower low. Also there is a zone of demand that has not been clearly tested yet. We could expect the price to test the demand zone below...
Flag pattern was observed on h1 chart. As per the trend analysis it will be a potential sell opportunity on NZDCAD FX:NZDCAD
NZDCAD - Buy Long - Ascending Parallel Channel for NZDCAD, price is at bottom of channel, could be good RR to buy now.
As we can see we have finally broken the neckline of the internal double-bottom gunning for the overall descending-channel. although we haven't broken above mass psychology, the neckline break is a early sign of bullish momentum and calls for an entry on the larger flag. BUY STOP has been set and an entry is waiting. At 1:1RR move stop to entry.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCAD - Buy - Price is at a major support weekly/higher time frame level. Also formed a falling wedge.
Looing at NZDCAD on 30M timeframe We looking for a possible BUY/LONG position We looking for possible formation of the reaction at this phase
Looing at NZDCAD on 30M timeframe We looking for a possible BUY/LONG position We looking for possible formation of the reaction at this phase
This will bring in 3.42R after the scale in. Like and Subscribe.
#nzdcad, 5th July daily key reversal bar made a new low closed off the high indication for long. Demand zone for long 0.7995, stop loss below key reversal bar low. Target 0.8095.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Breakout imminent. 1H strong breakout candle needed for confirmation for long entry. Targets on chart. Like & Subscribe.