NZDCAD 1Dnzdcad is already break trendline. so, wait for moment it's break the resistance area
if nzdcad break the resist area you should take a long position.
Nzdcadbuy
COULD NZDCAD OFFER SIGNIFICANT LONG TERM UPSIDE MOVE?Hi Traders,
The 4-hour chart of NZDCAD shows a bullish move from October 2018 as a classic five-wave impulse in wave (A) "black."
According to the Elliott Wave theory, a three-wave correction in the opposite direction follows every impulse pattern. And indeed, the rest of the chart reveals an A-B-C zigzag correction in wave (B) that rejected the 38.2 Fib ratio and support level so far.
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If this count is correct, there is a complete 5-3 cycle to the upside, and this means another five-wave bullish impulse can be expected in wave (C) from now on.
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Given that the bulls already made the first impulse in wave 1 of (C), and we have a three-wave a-b-c regular flat pattern in wave 2 of (C) that reversed from 78.6 Fib ratio, a bullish continuation is expected in 3 of (C) whose potential target lies between 1.618 - 2.618 as planned on the chart.
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The Friday's bullish engulfing candle on the Daily chart further confirm the completion of wave 2 correction and could be used as a signal to enter the bullish setup.
Safe Trading!
Veejahbee.
NZDCAD - ENTRY AND EXIT FOR YOU GUYS
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
NZDCAD UPDATE - READY SET GOfor those following me, you would have made
some gains on this one.
the expected reversal seems to have now happened.
i am expecting this to go up now
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
:)
NZDCAD - BUY ABOUT TO STARTfor those following me, you would have made
some gains on this one.
the expected reversal seems to have now happened.
i am expecting this to go up now
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
:)
NZDCAD UPDATE - FOLLOW THE CONTINUATIONfor those following me, you would have made
some gains on this one.
i am expecting this reversal before it jumps back up
see previous analysis below
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NZDCAD REVERSALfor those following me, you would have made
some gains on this one. the reversal has started
as predicted. now lets follow the next set of waves
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PLEASE SEE PREVIOUS CHART BELOW
NZDCAD BUY - watch this spaceNZDCAD UPDATE FOR LONG
the blue bar will be my buy zone. it could extend to around 0.82150. watch out for a flag and buy once it get close/enters the blue zone
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:)
NZDCAD ready to take offNZDCAD is testing its major support on higher time frames, i am expecting a possible strong break of the current structure or a double bottom and then sharp rallies, so either way i am looking for longs on this market. Watch this out!
Trade Safe!
NZD/CAD - ~200 Pips OpoprtunityA reversal from NZD/CAD is expected as it's finding support on top of ema's that acted as resitance up to now.
We can expect it to move back up and hit the 200 ema area *if the 20 ema on the 12 hour holds as support*.
Give it 8 more hours to confirm its strength to reverse.
NZD CAD - Breakout triangle continuation , let's go up!Let's see NZD CAD , thought 0.91500 might act as strong support and let start a retracement but 3 minutes ago , 4h candle close above the previous high , so i'm looking for some long position . Would wait for a retest of the resistance with a SL below the candle. First target might be around 0.92500 , old support zone that this time could act as resistance.
That's just my analysis , my opinion , you don't have to take this post as a financial advice. Remember to always protect your capital.
Have a nice day traders , remember that this week will be a high risk week because of the meeting will occur this week.
NZDCAD Buy TradeNZDCAD Buy Trade Probability! SL around 0.888 Levels Looking For An Upward Move Following This Break?/
Short Term NZDCAD Long SetupThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
NZDCAD bullish scenario well the price is getting near to the buy zone montioned we get in if we got a price action .
the scenario will fal if there is a breakout of the zone with a retest .
good luck
NZDCAD At Crucial PointNZDCAD is currently in a channel that starts to shape like a wedge. Currently the price sits close to the lower range.
As you can see we can now also draw a new upper range. A break of this will confirmed the buy. A break of the lower range confirms a sell
Have some patience and wait till break-out from either side, this break-out will happen on Friday and can cause a 200-300 pip move.
NZDCAD Breaking OutOn the daily time frame NZDCAD is showing a nice ascending channel. Previous candle touched the upper range and the current candle is trading outside of it,, making it a sweet buy setup. Stoch also just made its bullish cross over.
Ive pointed out the next resistances areas which either be used as take profit targets or a target at which you move up your stop loss to lock in some profit and aim for the next resistance.
stop loss 0.9270
