NZDCAD has broken out of a downtrend and shown bullish price action. I expect price to retrace to the 0.81 support level and then push up to the 0.826 level. Remember, risk management is key.
NZDCAD - Buy Long - Ascending Parallel Channel for NZDCAD, price is at bottom of channel, could be good RR to buy now.
Head and shoulders break and retest......entering in long on the retest. 3.45R which becomes 5R after scale-in. Like and Subscribe.
Hi Traders, Price action is shaping up to give a nice bullish impulse run. Looking at the HTF, price is at the bottom boundary of a bullish continuation structure which has already made multiple swing highs/lows with an inverted head & shoulders pattern forming. Look for entries on the LTF this upcoming week. Trade Safe!
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.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Buy. Enjoy the day all. Cheers. Jim
#NZD_CAD: Longreversal ongoing > Bounce from weekly support zone > Structural break of inner downtrend > Higher-High established > Tripple Bottom > POC below current level Feel free to discuss and comment! Meikel & Team WSI
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.
NZDCAD has been in the bearish trend. Looks like the pair has defined its bottom with bullish divergence on the indicators. The next important zone for the bulls is the rectangular box which is highlighted on charts. This level will define the upcoming trend for the pair Trade your levels accordingly.
Breakout imminent. 1H strong breakout candle needed for confirmation for long entry. Targets on chart. Like & Subscribe.
NZD/CAD took a long position on basis of daily support. formed a new low. not 100% sure if this is the start of wave 1 .
Hello Traders, Here is my prediction on NZDCAD. Always look left ! God bless, ETGL team <3