NZD-CAD is trading in a Downtrend and the pair Broke out of the bearish Pennant pattern so I am bearish Biased and I think that we Will see a further move down
As you can see the price swept the liquidity above the previous daily high and created the FVG. Now we can expect the price to reach the bearish order book and we can enter the sell position with LTF confirmation. 💡Wait for the update! 🗓️30/01/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Dear Traders, We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade...
NZDCAD is approaching the major structure support level following the breakout of the consolidation. Price action is about to test the descending channel border and dynamic support. The market shows a divergence, which means the market will retrace. We expect structure-based trade and a retest of the resistance level. ------------------- Share your opinion...
😇 7 Dimension Analysis Time Frame: H4 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Breakout of Structure (BoS); Current market is in a sideways mood 🟢 Swing Move: Impulsive to sideways 🟢 Inducement: Done 🟢 Decisional OB: Mitigated, but discount area liquidity is unmitigated yet 🟢 Support: Holds the price for the 4th time, indicating strong demand 🟢...
NZDCAD is trading in the ascending channel. Price action pulled back following the retest of the resistance level. The market bounced off the 50% fibo level and the support level since the major trend is bullish. We expect a bullish move and a retest of the resistance level. ------------------- Share your opinion in the comments and support the idea with...
NZDCAD is approaching the psychological level at 0.84000 by completing the bearish harmonic pattern. The market overall is consolidating, bouncing from resistance and support levels. We have 2 sell-offs from this level. We expect structure-based trade from the psychological level 0.84000. ------------------- Share your opinion in the comments and support the...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity NZDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Hello friends. By the according the Chart of NZDCAD we see the origin trend is downtrend and I expect in this time frame we reach the goal in the show in the chart . be enjoying and profitable
Demand zone for long 0.8257-0.8222, stop loss: 0.8217, tp 0.8380.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity NZDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
🕛 TOPDOWN Analysis - Navigating a Complex Market Structure Overview: Monthly observations reveal a cautious market, with a bearish internal structure emerging after a previous corrective move. Weekly charts, however, present a conflicting scenario, showcasing a lower high and hints of bullish momentum. The confusion intensifies as prices linger around a crucial...
Here is my analysis for NZDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDCAD is moving in the descending channel, and it has made lower lows. The market broke and closed below the support level, which became a resistance that was respected before. We anticipate a bearish move from the resistance level to complete the AB=CD pattern. ------------------- Share your opinion in the comments and support the idea with a like. Thanks...
NZDCAD is moving in an ascending channel. However price rebounded from the resistance level. The market is testing the resistance level that the price has pushed lower, creating a pullback. We expect a bearish move from the resistance and a 38.2% fibo level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for...
NZDCAD is on an UPTREND in the 4HR timeframe. It broke above the 0.81900 level, It may retrace to the 70.5% FIB level which is in line with the rising TREND LINE . If these 3 confluences align, they would provide a sweet BULLISH ENTRY at 0.81500 STOP LOSS @ 0.80950 TAKE PROFIT @ 0.82800
NZDCAD is in a consolidation zone, even though the current price action is moving in an ascending channel. The market is testing the strong resistance level that the price has pushed back from several times. The price failed to make a new high at resistance. We expect a bearish move and test support level and a 50% fibo level. ------------------- Share your...