NZD CAD, presenting us a great opportunity for a short. A clear 4h break of 0.90476 and a retest on 1h would be a great entry for this pair. For a nice 120 pips! I will updating you guys. All of the best TRADING PROTECTION
NZDCAD Approaching Potential Reversal Zone!
Wait for break and close, out of the wedge.
As you can see in the graph above after each increase the price fell by an average of 1000 pips, At the moment we are about a drop of only 300 pips that means we have about 700 pips of price fall Our signal: NZDCAD Entry Price: 0.8932 Stop loss: 0.9150 Take Profit: 0.8300
Perfect 3 level rise, all timeframes from top down analysis shows this pair about to drop. right now its in consolidation, overall on this pair i like the sell on it.
NZDCAD moved to the descending trendline where i personally got short entry at 0.9241 right at the lower timeframe double top and it moved down nicely. Of course there will be another trading opportunities on the lower timeframes. Targets are set and now wait for pullbacks to resistance levels.
NZDCAD Double Top opportunity but it may go up if the above resistance line is broken
Forex : Technical Analysis : NZDCAD : There is confirmed bearish divergence on the daily chart confirmation is from daily high test and failed break out falling back down below previous horizontal resistance OANDA:NZDCAD
NZDCAD, showing probability weakness in nzd, nzd near top and suspect reversal in all nzd pairs. cad getting strong. Open two positions by dividing risk half on both, one for short term profit while 2nd hold for target 2 and target 3.
A reversal from NZD/CAD is expected as it's finding support on top of ema's that acted as resitance up to now. We can expect it to move back up and hit the 200 ema area *if the 20 ema on the 12 hour holds as support*. Give it 8 more hours to confirm its strength to reverse.
NZDCAD goes up for next trend line resistance zone.
nzdcad 0.24% making a running flat on one hour time frame use your strategy to trade it, i am just giving you the sense of direction
Hi traders, I am hoping to see a clean Bollinger Band spike for a reversal to the downside. If it does not happen, then I will anticipate a trade once the support below breaks. Let's see how the chart develops. We will very likely see an RSI Divergence as well. (This is not a trade recommendation!)