the pair is making a reversal rising wedge pattern with bearish divergence
Selling NZDCAD on 15 min, we have divergence and daily + 4H in downtrend
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
✅NZD_CAD will be retesting a resistance level of 0.8193 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! NZD-CAD is going up now But a strong horizontal resistance of 0.8211 Is ahead and after the retest We will see a bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Watch price action at the 4hr ob for a chance to short this psir. As always, good luck
Looking to buy after the break above the HMA on the 1HR TF, and will consider partial buying. Will buy again if it dips into the Buy Side LQ Swing/Zone/Order Block. Buying strategy involves waiting for the break above the HMA and retest. **This is solely my trading strategy and not financial advice.** **Please trade with proper risk management.**
Double top breakout and retest neckline. Good area to short.
Price seems to not have been able to break structure and remains bearish, price seems to be overbought as per indicators and also reached top of KC. Price is also nicely above MA's for an entry
Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmatioN
NZDCAD nicely respected a recently broken key horizontal daily support. After its bearish violation, an underlined blue area turned into resistance. Testing the broken structure, the price formed a double top pattern on an hourly time frame, giving us an intraday bearish confirmation. We can expect a retracement at least to 0.8136 ❤️Please, support my work...
pending order: Sell We´ll look for little retracement and we´ll enter. Risk:Reward 1:2 Good luck. If prices continues going down fast we´ll remove the pending order. thanks.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck