New Zealand Dollar/Canadian Dollar NZDCAD

BREAKED AND RETEST SYMMETRICAL TRIANGLE Please "LIKE & COMMENT" if you found this Analysis Usefull :)

The normal gartley rules are different from the sl and tp.investment advice is not

hi again , as we are focusing on market for trade we have not enough time to release the chart check this out and enjoy good luck

BAT

NZDCAD HARMONIC FORMATION H4

BUY setup found NZDCAD

Shorting Plan: - Triangle breakout - Pulllback to retest + 618 - 200MA - Rejection black candle Target: 0.85050 SL: 0.86550

AB=CD could give a retest for the resistance, if successful we could buy and than place tp@0.87217 for the short term.https://www.tradingview.com/x/t56AOl4O/

if this trade fials and we make a higher high past where the previous swing high is then wait for a higher low and start trading in the other direction in later weeks but rn we are at 200, retest of ascending trend line, horizontal price action resistance, kinda a fib level and we hit a weekly top last week

This will take awhile to manifest but the results will be worth it!

NZDCAD is testing its major support on higher time frames, i am expecting a possible strong break of the current structure or a double bottom and then sharp rallies, so either way i am looking for longs on this market. Watch this out! Trade Safe!

HI there, Sell the breakout again and watch for the continuation. Good Luck

2018-8-15 1. Market just broke previous structure Lows on Daily Chart 2. We are waiting for a Fib 618 retest of the structure for our entry. Targets as shown Stop Loss right about the BO area

Technical Analysis: Bias Bearish - Price action has failed to extend break above 21-EMA - Pair slips below 5-DMA, 5-DMA has turned south - Major EMAs are downward sloping and price below daily cloud - RSI below 50 and biased lower, MACD well below zero mark Fundamental View: - Markets will be watching out for New Zeakand August business confidence data due later ...

NZDCAD maybe

This trade idea is based mostly on a Trend setup. There is a strong downtrend on the NZD/CAD right now. In such case, I look for volume clusters that were created within the downtrend. ( The biggest is red lines in my chart ) Such a volume cluster as around 0.8583 shows us that sellers were adding to their selling positions there and that they continued pushing ...

NZDCAD is approaching our first resistance at 0.8560 (horizontal pullback resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 0.8500 (horizontal swing low support). RSI (34) is also approaching our descending resistance line and a reaction below this level ...

Harmonic Pattern is active