Rejections and rollover off the higher level, meaning price is going to fall.
Hi Traders NZD/CAD Signal (Daily Timeframe) A high probability, entry to go SHORT is forming @ 0.90366 after the market found resistance @ 0.92347. Only the upward break of 0.92347 would cancel this bearish scenario. Trade details: Entry: 0.90366 Stop loss: 0.92347 Take profit1: 0.89197 Take profit 2: 0.87216 Take profit 3: 0.83987 Score: 7 Strategy: Bearish...
NZDCAD, Breakout Strong Trend Line and Significant Support!
I have been waiting for NZDCAD to make big bearish move to the downside for quite sometime no. But it seems, starting from last November the price lack any real commitment. It just continuing its corrective phase resulting in sideway and choppy movement across all timeframes. However, now I’m starting to see cleary the evolution of the market structure in this...
NZDCAD has failed to break above this zone of interest and on the pullback, is showing strong rejections and the setup has high R:R.
Hey traders, hey is the analysis I see on NZDCAD. Let me know your thoughts below.
NZDCAD BEARISH BAT PATTERN Market Sell Order Set Up. Sell Entry: (0.91867) Min Take-Profit: (0.91307) Max Take-Profit: (0.90955) Stop-Loss: (0.92449) Max Risk-Reward: (1.57) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Hi Traders, This is our view on this cross for the next few days. #NZDCAD SELL 0.9096 SL 0.911 TP 0.9067 We remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if the rules of our strategy are strictly respected. Eventually, any updates will be given in the comment section below
Off of the Daily (D1) time frame, we can see that it is likely for a Head & Shoulders formation to complete on this pair. Now, zooming into the Four-Hour (H4) time frame Horizontal line drawn at 0.91232 is right at the Weekly and Monthly Pivot Point. If price breaks above this line, then we can expect Bears to enter for a weekly sell at 0.91439 . Bears can Take...
NZDCAD WAVE CORRECTION Market Sell Order Set Up. Sell Entry: (0.91757) Take-Profit: (0.91104) Stop-Loss: (0.92357) Max Risk-Reward: (1.09) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
... if you haven't done so already.
2020 finally prove to be the time for NZD bull,.. I have been forecasting for a trend change to bearish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the upside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to...
The counter is currently in its final stages of the bull cycle. We expect a three-wave bear cycle to follow it up after the strong run-up. It is trading around a strong resistance, which could be used to initiate short positions.
As we can see market is going in uper channel. So we will find a sell opertunity near its resistence if market show a fake out. we will enter on divergence strategy.
Standard fakeout trade opportunity. Price briefly crosses above the 0.9110 level and fails to hold above. After seeing price fail to close higher for one 4-hour session, good timing to optimize entry. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take...