Nzdcadsell
NZDCAD / SHORTPrice has broken support and is currently retesting, once price breaks this area we are looking to enter short
NZDCAD approaching support, potential for a further rise!
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.
NZD/CAD Short📉Potential trade idea 💡
Sell NZD/CAD @ 0.8850
🎯 Target Profit 0.8800
🛑 Stop Loss 0.8876
🙂 Good Luck!
Do not hesitate any question for clarification.
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.88695 where it could potentially drop further to 0.87992.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD SELL LIMIT @ 0.900000I am preparing for a huge swing low once price reaches the 0.786 fib level.
SL: 0.90689 (70Pips)
TP: 0.79983 (1000Pips)
For 1-1 Sessions and Signals check us out at www.dualfx.co.uk
NZDCAD bounced from support, potential for a further rise!
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.
NZDCAD SellNZDCAD Sell
4h
Chart Pattern
-Head & Shoulder
-Price retraced @ neckline
1h
-Break out of trend line
-waiting for retest of trend line
=Sell
NZDCAD Sell on H4 and 1HNZDCAD 4h
Chart Pattern
-Head & Shoulder
-Price retraced @ neckline
Candlestick Pattern
-Bearish pin bar
-Bearish Engulfing
=Sell
NZDCAD ShortHello, traders, nzdcad is approaching weekly trend line and we could short it is losing momentum also macd is in favor of sell.
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NZD/CAD Possible Short soon? await price actionhey traders,
As we can see nzdusd has been in a uptrend since 23/24th March - we can see it is now approaching a key resistance zone. It last tested this region is June 2019 in which it dropped. If it fails to break this area again in 2020, retraces then retests the resistance but the buyers fail to push price higher..We could see a nice sell opportunity as this would also create a double top confluence as well as being at a key resistance zone.
If this set up plays out, i expect a pull back to the 0.5 fib region which also is around a good support area which is another confluence
However, if price breaks the resistance thus making it support, we could then look for buy opportunities - await price action
Short for NDZCAD on D1 TFAs observed from the resistant trendline, the chart is currently retesting and expected to drop back to the 0.83430 level and complete the inverted H&S.
NZDCAD ready to bearishNZDCAD reached the strong resistant , it can be bearish to next support on Fibonacci.
NZDCAD----- Ventas----- ShortsBuscando neutralizar Higher HIghs
Un buen setup al darse
Un buen R-R
Solo el precio me dará la razón o no.
Mientras tanto solo paciencia y listo al gatillo
Bendiciones
Exitos
NZDCAD MULTIFRAME IDEA ** JUST AN IDEA. NOT A SIGNAL **
We can clearly see momentum has been lost within the 4 hour graph.
A range has been formed, once the trade shows us a breakout we could buy or sell.
We know the volume of buyers or sellers will be strong once the range has been broken.
Interesting pair to watch.
Thanks for viewing!
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SnapForexOfficial.
NZDCAD SHORTFormation of a double top on the weekly, daily, and 4H chart gives a strong indication that price will head downwards after experiencing bullish momentum for a period of time. Price is also at an important area of resistance at which I expect the price to be rejected and head downwards to form a bearish momentum.
Trading this pair using the breakout strategy.
SL: 0.88470 (-59.5 pip risk)
TP1: 0.86610
TP2: 0.85387
TP3: 0.84249
TP4: 0.83303
Let me know what you think. Let's get 'em pips :).
