BUY STOP - PENDING ORDER BUYING NZD/CAD Entry: 0.8857 Target: 0.8923 (66+ pips) SL: 0.8791 (66- pips) R:R 1:1
The third touch on the trendline could be rejected for push downtrend. Although, it should be noted that the pair has made new higher highs so careful monitoring of this pair is important. Potential entry @ 0.87684 SL: 0.87931 TP1: 0.86834 TP2: 0.85692
Price has printed a H&S pattern and has broken the neckline/support. We are waiting for a retest of its broken structure for sell entries.
NZD / CAD finally broke through the strong structure, and did the bounce as we drew, now what we hope is that it will break through and close below 0.87600, and then it would be a nice opportunity.
Welcome to our weekly trade setup ( NZDCAD )! - 1 HOUR Sideways market structure around main sr level. 4 HOUR Price looks like we might see a strong drop shortly.. DAILY Good short positions, overall bearish looking market. - FOREX SWING SELL NZDCAD ENTRY LEVEL @ 0.88760 SL @ 0.89320 TP @ 0.87950 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels...
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.