CANADIAN DOLLAR / NEW ZEALAND DOLLAR CADNZD

Cypher pattern Sell zone supported by previous market structure and QP. I'm waiting for the zone to tap then short to the Take Profits. Not sure if it will hit the 2nd TP but it should hit the first.

Continuing the downtrend.

I'M WAITING TO SEE IF PRICE BREAKS OUT TO THE DOWNSIDE. IF THIS HAPPENS ON THE 4H CHART I'LL WAIT FOR PRICE TO RETEST THE PAST SUPPORT ZONE AS NEW RESISTANCE AND LEAVE A NICE REJECTION CANDLE. MY TAKE PROFIT WILL BE THE SIZE OF THE MEASURED MOVE MARKED ON THE LEFT SIDE OF THIS CHART.

Decision making: hit resistance level 1.186 Indicators: 1;2;3;4 Aim:1.071

one little raise op to around 1.1500 to hit resistance again and finally drop.

R/R =5.5

sell nice trade ill be in next week

Price is following a pattern. Waiting for confirmation that it'll hit the resistance so we can sell at this point.

Dear traders, Here is a new LONG signal on CADNZD : Entry : 1.1270 SL : 1.0631 TP1 : 1.1978 TP2 : 1.2681 TP3 : 1.3942 Reasons for this short: We have an intersting setup on CADNZD, with all relevant TF being bullish. Signals on daily, weekly and even monthly are respected. That's why I'm shooting for a long here with very large TF (in months, if not year). SL ...

A fully formed Harmonic Bat an the wave a in formation going down to 1.116

It is also a trend following trade. Look to long at around 1.1325 with a stop loss at 1.1241 and initial take profit 1.1415. Please don't risk more than 2% of your capital. Please like and comment.

So far the monthly chart of CADNZD displays a strong break out higher. I'm waiting for the close of the candle for confirmation of the upside potential.

I switched my previous long to a short but trying to set up Pending Order instead of Market Price. As 4H RSI is very low I suspect a small pullback around 1.065/1.066 before diving more. Let's see what the market give us. SL is at previous fib level. GL HF

Seems a legit LONG on 4H view. I'm a bit worried about Weekly topping a bit, so just in case I placed a small SL, because there is a strong possibility of going south in the next couple days. But sudden breakout happens when hidden divergence seems too obvious and I believe this is the case. Anyway this is just 70 pips of risk. GL HF

Sell Setup :) Keep It Simple, Keep It Unique :) Happy Forex Trading :) Happy Profit Making :)

Let's try something fun for once. A simple charts, just looking at one timeframe and getting the best TDI set up we can find. Tonight, it's CADNZD with a pretty clean setup. Of course market could hand over my ass easily tomorrow and that will be great because I'll learn something. But on the contrary I can make a few pips. GL HF

The LT structural weakness in CAD could be shifting soon. I'm looking for the right candidate to buy the CAD against, for a LT trade.

Let's see if 1.04 will hold the downwards movement. If not, it is suggested to short the pair.