Hey tradomaniacs, welcome to a new free trading-setup. NZD/CAD: Day-Swingtrade-Execution Note: After long NZD/CAD last week market has exactly reached my short-area. This is the first attempt this week so I will keep my risk low. Market-Sell-Order: 0,88040 Stop-Loss: 0,88445 Target 1: 0,87660 Target 2: 0,87365 Target 3: 0,87080 Stop-Loss: 40,5...
Hey tradomaniacs, previous fakeout the the downside hasbeen a strong Stop-Loss-Fishing-Move and resulted in a strong upmove. Currently NZD/CAD is testing a strong resistance but still shows a lot of buy-pressure there which makes it more likely to see a break until the next resistance which would complete the A-B-C Pattern close the the 50% - 61,8%...
NZD - BEARISH 1️⃣ New Zealand extended its level three lockdown restrictions in Auckland until at least midnight on Sunday, reporting 7 fresh cases of the coronavirus as community transmission persists. 2️⃣ The volume of total retail sales in New Zealand declined a seasonally adjusted 14.6% in the second quarter of 2020, posting the largest drop in total volume...
Price has broken support and is currently retesting, once price breaks this area we are looking to enter short
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.
📉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 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.
I 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 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 Sell 4h Chart Pattern -Head & Shoulder -Price retraced @ neckline 1h -Break out of trend line -waiting for retest of trend line =Sell
NZDCAD 4h Chart Pattern -Head & Shoulder -Price retraced @ neckline Candlestick Pattern -Bearish pin bar -Bearish Engulfing =Sell
Hello, traders, nzdcad is approaching weekly trend line and we could short it is losing momentum also macd is in favor of sell. If you liked the idea please like and follow for more.