NZD-CAD is trading in a downtrend
And the pair is about to retest
A resistance cluster of the
Falling and horizontal resistance
Levels from where a local
Pullback is to be expected
Happy new year 2023! Here is my view for NZDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello traders!
‼️ This is my analysis of NZDCAD .
Here we are bullish from H1 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from support zone + institutional big figure 0.87000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated....
Been patiently waiting for a SELL signal to pop up from my analysis a few days ago price has been slowly grinding up with a SELL signal finally occuring.
Read my related post to see exactly why i'm entering here.
This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone.
So I am now...
🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑
1 🧐Eagle eye: in 2016, a fake out occurred effect till Date so by this effect, the price made the last 7 years back to back Low, and this year's Low is extreme
2 👌Monthly: Trend is clear Down after filled last move target. Now price is in a corrective phase and tapped the most important FVG resistance level. In my...
Hello traders!
‼️ This is my analysis on NZDCAD .
Here we can see that price took out buy stop liquidity from old high and rejected from bearish orderblock. I am still bearish here and will look to add positions.
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Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are bearish from daily perspective, so I am looking for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional big figure 0.82000.
Like, comment and subscribe to be in touch with my content!
Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to retrace a little bit to fill the imbalance below and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are in a bearish market structure, so I am looking only for shorts. We can see that price started the sell-off, I will look for a short if price retraces a little bit.
Like, comment and subscribe to be in touch with my content!
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
Hello traders!
⁉️This is my analysis on NZDCAD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement to fill the imbalance above and then to reject from resistance.
Like, comment and subscribe to be in touch with my content!
NZD/CAD :::
it is rising in the green channel and its ceiling is in the range of strong resistance. And there is a possibility that the price will continue its movement after hitting the ceiling of the green channel towards the red lines that push the support range .
![NZDCAD: [Green Light] Good Too Go....](https://s3.tradingview.com/a/aH9Zv3rb_mid.png "[Green Light] Good Too Go....")
![NZDCAD: [ALERT] Correction Imminent On NZDCAD ??](https://s3.tradingview.com/m/MbjgpXh3_mid.png "[ALERT] Correction Imminent On NZDCAD ??")
