NZDCAD Price is still Swing H/L Sideway, so think when price goes up to test resistance. will have a comeback Resistance is about 0.886 - 0.888. When the price touches this zone, it is recommended to sell in that area. SL above resistance Goodluck Trader TonTrader | TamjaiTrader 😎😎😎😎😎😎
Hi traders. This pair is looking bearish, It has respected the downtrend and created a double top. If we can break below i'll be waiting for a retest of the structure to go short.
In this video I explain the reasons why I expect to see a potential move back down to lows and two potential opportunities to get involved with this move and trade it successfully. Thanks for watching :) Comment below what you think!
Selling this pair as the moving averages have crossed. This trade is long term minimum 1 week. Most probably will go negative without hiting SL and confident tp will be hit
If you reach our support range, be ready to buy The price has reached the bottom of the channel
Please hit the like button and 🎁Leave a comment to support our team! --Breakout----- (1) Wait for a clear Descending triangle to form. (2) Sell when price breaks the triangle low. (3) Stop Abouve the previous High. (4) Target 1 Is the Distance Between The Mouth Of The Triangle Added To The Breakout. (5) Target 2 is a 100% extension of the first impulse...
Hi everyone, NZDCAD is seeing limited upside before it reaches resistance at 0.88390, in line with the 61.8% retracement. A reversal below this level could see a further downside to our next support target, in line with the 127.2% extension.
Going up a little and then goes down, sorry not in the mood to say much about it I'm so tired but this is my analysis.
As we have seen, price has broken above this key level with bullish pressure. We also see a break outside the corrective downtrend. We could see further upside on NZDCAD after a pullback. We'll be watching for early retracements, pullbacks at key levels, any trend continuation techniques to get us in.
Since the deep fall from the level of 0.88700, we have seen price continue to create lower lows and lower highs to continue the downtrend. We just recently broke below a support level at 0.87800. Until we see a break above, we remain bearish and will look for sell opportunities. If we find a break above then we could switch out bias from bearish to bullish. New...
right now price is in the down trend and we are looking to get in to sell position first zone is our first entry and stoploss of that will be end of the zone if it hits our SL we will open another sell position at next zone with stoploss of 5 pips above the zone and both of the TP would be the zone down below
We have this pair following our last update and continuing to move down. We expect a fall to 0.87800 and a bounce from that level to the upside. If price gets to 0.87800, it would be regarded a higher low on the 4-hour and daily timeframe. We could see the bounce from there. As for now, we remain patient, riding with the current profit on this pair.
A short position is taken. In the 4H time frame, the price keep building LH and also it was below descending komu. Also, it hit the weekly resistance, so I took a short position and put the TP on yesterday low. R/R = 1:2.06
After the bullish rally on this pair, we see price reacting to and rejecting the key level of 0.88700. We could see some short term retracements before any bullish rally would continue. We would look for short term sells on the lower timeframes once the opportunity presents itself.
nzdcad sell : Reasons : 1)there is a nice pattern trend formed in 1h,4h,1d timeframes 2)a bullish pin candle is formed as marked in the previous days which indicates perfect entry for sell 3)bearish naked candle confirmation in 1h,4h time frames take profit : green line stop loss : red line wait for my confirmation to place trade
#NZDCAD The market is currently moving in the bearish channel and will pull back and change trends from strong support.
3w channel with powerful dynamic resistance (trend line) Elliot wave 5 from zig