How to use TP!
When the order price breaks down Tp1,
you wait for Tp2 and SL moves to Tp1,
so as to secure earnings.
So with Tp2 to Tp3.
When we publish the closing of a position, you close it.
When the order comes to SL, always
consult with us, do not close the order.
Follow your open positions!
nzdcad sell :
1)there is a nice pattern trend formed in 1h,4h,1d timeframes
2)a bullish pin candle is formed as marked in the previous days which indicates perfect entry for sell
3)bearish naked candle confirmation in 1h,4h time frames
take profit : green line
stop loss : red line
wait for my confirmation to place trade
🏛NZD_CAD reached a horizontal resistance level
While trading in a local rising channel
Then the pair broke out of the channel
And we are seeing a retest and a bearish reaction
I think that bearish continuation is likely to follow
With the target being the level below
✅Like and subscribe to never miss a new idea!✅
We are currently trading at the resistance level so we expect rejection from it. Now that it rejected it we will then wait for the retest for safer entry. Be patient waiting and mind your own risk before placing a trade.
After the bullish rally on this pair, we see price reacting to and rejecting the key level of 0.88700.
We could see some short term retracements before any bullish rally would continue.
We would look for short term sells on the lower timeframes once the opportunity presents itself.
All information have been provided in the video. Please feel free to ask questions and state your opinions.
This setup is before the NZD unemployment news. If the news do not affect the market, it will still be valid.
Thank you and trade safe
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
🎁Please hit the like...
Morning Godal Member's, Traders and Aspiring Traders . Todays shared post is on .
Pair : NZD/CAD
Time-Frame - 4H
Biased - Bullish
Today post is a 4H analysis that I will be keeping an eye on for any opportunity for a trade to the upside as there was bearish trendline brake just after price reacted of a strong daily demand zone and once this took place my outlook...
H4 time frame.
Structure: Uptrend, Price hit trendline and move up.
Downtrend - retracement has been broken.
Wait for the confirmation and buy signal.
Target is next resistance at 0.89000.
Wish you all have a good trading day!
Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #NZDCAD
simple trend continuation opportunity that may come soon if the market test the trendline support also a key support zone near 0.8700 level, I will look for a reason to get in...
On NZD/CAD is nice to see strong sell-off from the price 0.87550 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Weekly POC + Strong Downtrend + Strong...
NZD-CAD is falling in a wedge
But the pair has reached a horizontal support level
That confluences with the falling support line
Thus,I am expecting a local pullback up
Like, comment and subscribe to boost your trading!
See other ideas below too!