New Zealand Dollar/Canadian Dollar

Long

bat pattern

Will look for short potential based on price action, and other criteria such as RSI and MAs. If price shows bearish move will enter from the identified area/range.

NZDCAD

my idea

In the 4hr TF: 1) Bullish kumo breakout 2) Stochastic shows overbought 3) Weak TK cross In the daily TF: 1) Wide gap between TK lines 2) Flat kijun sen 3) Price below kumo 4) Bearish future kumo 5) Good risk to reward ratio 6) %K intersects %D from below 7) Stochastic divergence shows increased bullish momentum 8) Current Stochastic value = 61 Is this ...

Looking to gain support and takeoff. Short than long. Explanation: NZD is surging. I am expecting some bad news for a CAD that is due for a pullback. Given that the news will be bearish for CAD we are looking to long. However for the hours leading up to news, we are looking for a pullback for the big dogs to buy at a better price.

Trend break confirmation, long for NZDCAD

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TP : 0.9470 , 0.9570 SL : 0.9300

mates. a gartley advanced formation on my radar as well.

Fast analysis of this pair On daily chart: - Price hit the support line and bouced up - MACD signal On H4 chart : https://www.tradingview.com/x/pdid75qW/

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Price just up and down same zone, we will definitely see break out so as long as the price stay on the zone, I don't want to get involved. We need convincing candle out from consolidation to ride with it, waiting mode activated

Good Afternoon, Looking to short NZD/CAD given basic technical analysis illustrated above. Awaiting price to break flag. Look for confirmation to enter, I also advise you to facilitate this trade on a lower time frame for a better entry. Please execute with your own due diligence. Thanks, Trade Wisely

Should today close this way, I will be very bullish nice pinbar at support zone give us a good lre to ride on the momentum trade. NZD for a comeback ? trade with care..

Action: Buy limit at 0.9660 T1: 0.9749 ------ S.L: 0.9615 If we reach above 0.9710 before triggering entry the trade will be cancelled. Unless I stat otherwise in updates. This Trade will have Risk of capital of 2% For more details about the trade and all Stats since start of journey (May 11) https://goo.gl/rtfmna Disclaimer: This is my trading ...