-Respectable ascending TL, retest and continuation expected -Secondary descending TL breakout -0.618 fib retracement -Previous are of S&R -MA50 & MA100 momentum shift early indications
BUY NZDCAD. NZDCAD looks like its making its way upwards after crossing and closure of price above the moving average. Targets as shown.
- Closed above a key level (indicating a good level of support). - Recently created a HIGHER LOW. - Dragonfly & Bullish Engulfing formed over the last few days. - 20 EMA just below price. (High impact AUD news tomorrow may have close correlation with NZD price action)
Here we have one of my personal trades from last night. We originally had a position but got stopped out on the liquidity spike as you can see. If you don't know what liquidity is, it is basically where the banks can manipulate the price for a split second to stop out everyone and also stop out all the orders people have the for SELL STOP's. The banks can see...
The NZDCAD is simply heading for a H4 chart M formation impulse correction move. 1.7 risk/reward ratio. Around 70pips expected reward. :-) One can enter at the close of the current bullish candle. GOOD LUCK.
Don't Forget to Like and Subscribe our Youtube Channel ...................................................... Forex Trade NzdCad Analysis Number 4 12 October 2020 Price touched our reaction zone, now the price structure is still bearish so we cant take any long trades. Wait for the price to shift in structure and momentum for any bullish setups.
AQZ Fibs Set Up based on 1 hour time frame. Price is near preferred entry. I am entering trade now and setting stop loss at red zone 2. Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Thank you and Good Luck
Plan: wait for the price to bounce off from demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you...
Good day guys.. SWING SETUP- NZDCAD HOUR-01 Price above 50,100,200 EMA Series of HH HL HH patterns Bullish momentum Price above RSI 50 Price above Ichimoku cloud Price above .50 Fibonacci HOUR-4 Price above .50 & .618 Fibonacci Strong rejection around 0.88000 Price above 50,100,200 EMA Ichimoku cloud is turning green DAILY Price above .786...
Adjusting my idea.. Showing the correct area that needs to be broken
Waiting for price to break resistance and we can go long
BUY NZDCAD AFTER DOUBLE BOTTOM at 1h, at support level, There are 3 Targets.
Hey guys, this is the update on the NZDCAD long trade that I forecast on Sep 14. Check that forecast below. Please hit like if you guys like my analysis and follow for more analysis. Thanks.
Hey traders, here is the analysis for the NZDCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
For now, we can see NZDCAD price level near an area of strong resistance with a 61.8 fib level. As of now, I see a higher potential of this resistance level breaking where we could be seeing price moving towards 0.8940 which is the first level I am looking at. Also, if it breaks this resistance level, we could see a completion of a reverse H&S pattern giving us...
NZDCAD 4H Projection RR: 3.12 #FxTradingCircleIdeas #FollowRiskManagement