Pending order Buy limit SL at 0.87440 TP1 at 0.87730 (RR 1:1) TP2 at 0.87890 Close the trade few minutes before News!
Hello guys, this is the update on the NZDCAD trade. If you guys like my analysis please hit like. Thanks.
we have been witnessing a bullish rectangle on NZDCAD 4HR chart there are only two moves which price will make either it will move up and retest the top part of the rectangle and then continue upward or itll fall shortly and retouch the treandline and continue buying
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...
Dips will be good for buy for push towards 0.90 level.. Stop will be low of today or little below it.. Both AUDUSD and NZDUSD looking to go more high in coming sessions..
Looking at the church, It seems to me that breakout to the upside is more probable. However, it always wise to wait for price to confirm it to us. Happy Trading ----------------------------------------- This idea is for entertainment purposes only, and must not be construed as an investment advice.
Long : 0.87335 Stop : 0.87100 Target : 0.87600 , 0.87800 Will Take very small position
Hey followers, I will really apricate any likes and follows, that would help growing this channel. There is good example of bullish rectangle on 4H chart with NZD/CAD. Price is taking a breath before making another move up. Let us know what you think about this idea. Trade safe !
Long Term Trend:Bearish Short Term Trend: Slightly Bullish In tern of the overall look on nzdcad you can see that the trend is a downward trend. Currently the price is in a consolidating phase , which means that it can either go up or go down. Wait for the breakout to happen after the consolidating before you enter this trade. The TP line (take profit line) i...
A build up at the resistance(0.87955) signals a high probability of the price breaking the resistance. Going long after the breakout of the consolidation all the way up to 0.92571.
On 4H price is above LWMA200 ON 1H price above LWMA but waiting for the hour to pass. Waiting for a new High and an exit point. If the price reach 0.67300 it will be cool .
Hi traders, We just took a buy on NZDCAD . It should be moving higher from here. Updates to follow.
This pair looks vewry intresting facing big double top pattern and we can see reversal in downside and sell on Pullback confirmation. Thankyou
A price channel with a false penetration from above. An Opportunity to sell with a break of 0.8714 . Targets are : 0.8624 and 0.8516
Looking at how this pair hit the bottom and reverse, this is an uptrend for now in daily chart. Worth to wait for the reverse from higher low and going into higher high.