NZDCAD bounced off 0.88972 where it could potentially rise further to 0.89335. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I can see price has made a retest of the broken trendline while also looking to be bouncing from a support level too. As I have a SELL LIMIT in place on this pair at the 0.78 fib level it makes sense for me to be placing buys.
Loooking Downside for reversal pattern, wathc Retest and sell. ThankYou
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...
Looking for price to hold this level and test the highs if not we are most likley headed back down to the the lows
price at resistance Wait for weekly to close above or below for trade. Price break above 200 EMA and ichimoku cloud on daily Bullish sign, still we will long at confirmation let's wait for Weekly close
NZDCAD BUY SWING TRADE SETUP. Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NZDCAD broke the sizeway state and finished pullback to start uptrend
Hello traders, This is my trade idea on NZDCAD for the next days.
Stop @ 0.868 Target towards 0.90 100 sma is giving good support on weekly!