looks like Wyckoff distribution schematic is in play
- Just follow the marking - No SL
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I have been waiting for NZDCAD to make big bearish move to the downside for quite sometime no. But it seems, starting from last November the price lack any real commitment. It just continuing its corrective phase resulting in sideway and choppy movement across all timeframes. However, now I’m starting to see cleary the evolution of the market structure in this...
Still in an uptrend. Want the price to come up higher potentially create a head and shoulders. The reaction off daily highs & the second shoulder would give us our entry confirmation. Looking for lower highs and lower imoulsive lows.
NZDCAD - Short hitting resistant channel expecting to take profit around .90600 or lower.
NZD CAD is rejected from the resistance and gearing up to go down to mentioned Fibonacci areas down below you can see clear break out of trend line resistance and retest of the supply zone look for bearish confirmation on lower time frame and enter sell with you own money management patience is the key
NZDCAD has failed to break above this zone of interest and on the pullback, is showing strong rejections and the setup has high R:R.
Selling the pair here and aiming for the 0.906 zone of resistance🙌🏻
NZD CAD was mostly bullish from last months and now it found a strong resistance at 0.92300. rejected multiple times by the resistance and market now gearing up to gow down to those reas mention below for a retest to broken resistance turned support at 0.89200 look for bearish confirmation and enter sell with your own money management always remember that with...
Waiting to recieve candle stick signal below the resistance zone to open a short position
I believe it does not force you to overcome the resistance and will make a brief correction for the region close to 23.6 Fibonacci.
nzd cad rejected from very strong resistance and as we see on higher time frames its going to retest the broken resistance turned support.look for the bearish confirmation and enter sell with your own money management always remember that patience is the key
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Hey traders, hey is the analysis I see on NZDCAD. Let me know your thoughts below.
nzdcad will be dropping as the canadian dollar rises tps in price labels
NZDCAD BEARISH BAT PATTERN Market Sell Order Set Up. Sell Entry: (0.91867) Min Take-Profit: (0.91307) Max Take-Profit: (0.90955) Stop-Loss: (0.92449) Max Risk-Reward: (1.57) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.