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 you...
Looking For Big Drop in downside, Let see How Performe. ThankYou
Plan : resistance level breakout --> wait for 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...
NZDCAD bounced off the trend line. Look for buys.
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That is my view of the continued movement of this currency pair. Descending triangle pattern formed since 3 years ago, which was preceded by an upward trend. All I know is that this is a sign of a reversal because the trend that started it was the uptrend. At the moment the price seems to be going to the trend channel (trendline of descending triangle), so...
NZDCAD bounced off 0.84800 where it could potentially rise further to 0.87593. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCAD expected to rise up to 1st resistance at 0.87596 where it could potentially react off and drop down to 1st support at 0.84832. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Follow the fib and watch the price action, we are looking for a pullback of the overall trend. Prediction is valid until bottom line is crossed :)
ENTRY: 0.84250+- TP: 0.85000 TP2: 0.86000 SL: 0.83500 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!
NZDCAD is approaching its resistance at 0.87593 where it could reverse down to its support at 0.84899. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We are looking for long entry above the sellers territory, every retracement would be a great opportunity for long entry. You have more chances to succeed if you go with a trend and support from impulsive moves. Keep it simple and use risk management!
IDENTIFY: Price is in the buyer's territory and potential break of the descending channel. PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish) TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback. NB: Use risk management to determine the Stop Loss and Take Profit
Hi subscribers! At the beginning of this month, the price fell actively and temporarily broke through the support level, now it is in a growing channel and very soon will reach the first and then the second target. If you liked this idea, please like and subscribe to my profile. This idea does not provide the financial advice.
NZDCAD expected to rise up to 1st resistance at 0.84892 where it could potentially react off and drop down to 1st support at 0.83759. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
(Prediction 47)(Currently at -225pips) You have 61.07% chance of earning 20pips and 58.87% chance of losing 20pips within the next 24 hours. Entry price:0.84409 Take profit: 0.84609 Stop loss: 0.84209 (This applies to timezone UTC+8 5 Mar 2020 2pm to 6 Mar 2020 2pm) (Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD bounced off 0.83865 where it could potentially rise further to 0.84412. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.