Bullish flag formed under the horizontal resistance, overall bullish. Will open a long either on the confirmed breakout of the bullish flag or crossover above the horizontal resistance on 0.88290.
Price has retested the trendline & has closed above the 8EMA which fulfils my conditions for going long on a pair
Simple Explantion OANDA:NZDCAD 1.On Daily chart clearly Up trend 2.Technically 80% is Bullish.
Hey tradomaniacs, welcome to a new free trading-setup. NZD/CAD: Daytrade-Execution Market-Buy-Order: 0,87365 Stop-Loss: 0,87035 Target 1: 0,87650 Target 2: 0,87815 Target 3: 0,88040 Stop-Loss: 33 pips Risk: 0,5 % - 1% Risk-Reward: 2,20 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more?...
We have finally broken out of the descending channel on NZDCAD, we need to see a pullback into structure and rejections to confirm the breakout before looking for long opportunities. I highly recommend keeping this one on your watchlist. According to COT Data - 60% long
A detailed ABC flat into an ABC ZigZag. It's hard to look past the previous short ,however with my wave count, I have to trade on what i see and not on what it makes me feel like. A reaction of the 38% fibo, gives me a forecasted 1.161% target to the daily fibonacci speed fan trend line.
This analysis for NZDCAD on time frame 4 Hours. you can ENTRY SELL Now! or wait new candlestick retracemment at entry point than we can entry "SELL". GREEN - TAKE PROFIT YELLOW - ENTRY RED - STOP LOSS If your entry already & running in profit to TP1 move your SL upper 5 Pips to entry point, if already running in profit to TP2 move your SL upper 15 Pips to TP1....
Although we are currently in a down-trending market my custom indicator has signaled me a buy. I have illustrated where I expect price to reach before we see signs of any rejection, let's see how this one plays out.
Plan: resistance level breakout --> wait for the price to bounce off from support level --> 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...
Plan: wait for the price to bounce off from support level --> 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...
NZDCAD approaching support at 0.87590 where it could potentially rise further to 0.88790. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
As you can see, last week price closed strongly above a key reversal zone at around 0.87626 indicating it could be ready to push up further towards the 0.78 Fib level before we see that big swing lower we have been waiting for. Due to the strength this pair is showing me i am attempting to catch the continuation of the momentum up towards the descending trendline...