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
With the current bearish momentum and downtrend, it would be wise to flow along. We're waiting patiently to see how price pulls back into some of these key levels before taking sells. Patience is required so that we do not jump into absurd trades.
For a few days, we've seen price retesting this area of support and looking for a bounce to continue its uptrend. We're now going into the lower time frames to find uptrend structures so that we can join the trend. If price breaks below the level, we switch our buy bias immediately.
Confluences a. Corrective b. FIB Golden Zone from Push since the current Price action is Corrective c. Key level
Welcome back Traders, Investors, and Community! Hi Traders, NZDCAD on h1 has been on a downtrend after the Support breakout, it might go up for a pullback before it continues it’s Bearish trend ⬇️Sell now or Sell at 0.8817 ⭕️SL @ 0.8837 ✅TP1 @ 0.8760 ✅TP2 @ 0.8724 ✅TP3 @ 0.8678 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.8817). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.8817). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which...
We're intently looking at this pair for a retest before taking continuation buys. As we clearly see, price is an uptrend and it'll be of no good to fight it. We are trading inline with this trend, waiting for this pullback before taking buys. Targets remain at 0.89400.
Hey, if you like this idea be sure to support with a like and a follow. Here is my analysis for NZDCAD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next support area. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL...
NZD/CAD Signal Market Sell: 0,87870 Stop-Loss: 0,88470 Target 1: 0,87200 Target 2: 0,86360 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 2,5
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hey everyone, this is what we are seeing on NZDCAD , prices are under pressure from our resistance in line with the 78.6% fibonacci retracement and a test of this area could see a drop from here. The next support target highlighted will be at 0.86920, in line with the low seen. What are your views on NZDCAD?
Hi everyone! NZDCAD is facing pressure from our resistance at 0.87143 in line with the 78.6% retracement, a pullback to test this level presents an opportunity to play the drop. Our stop loss is place slightly above the entry and take profit targets at -27.2% retracement.