A "higher low, lower low" pattern typically indicates a potential trend reversal from an uptrend to a downtrend. However, if we're considering converting it into a "higher high" pattern, it would involve looking for signs of a potential continuation of the uptrend. In such a scenario, after observing the "higher low, lower low" pattern, traders would watch for...
NZDCAD is printing a series of lower highs and lower lows, forming a bear trend.
NZDCAD is moving in bearish trend so according to dow theory it will make series of Lower LOW and LOWER HIGHS untill it breaks it previous LOWER HIGH.
Hello,Traders! NZD-CAD is going down now But the pair will soon hit A horizontal support level Around 0.8157 from where I think we will see a Local bullish reaction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
As price hit suppirt area expect to rise pls like for support thank you
I shorted NC for a potential 1:3rr! No higher time frames show price respecting a resistance level which made price flip to the downside! I’m looking to get into a continuation here. Stops are just above structure on the lower time frame. If price breaks those lower time frame bearish structures than we could expect NC to continue ranging between 0.81950 and 0.82350.
with bullish divergence, the pair is looking good to start a reversal trend and make new HH and HL
If the current bearish trend persists, NZDCAD may find support around the key level of 0.813, potentially leading to a rebound. Our price target for the end of June 2024 is projected to be in the range of 0.83 to 0.837.
NZDCAD BUY OPPORTUNITY 1st TARGET 0.83507 2nd TARGET 0.87281 I'm trading these setups in a COMPETITION. So be sure to 🚀 and follow .
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Price is approaching an demand zone on the weekly chart, my bias is bullish. But to buy, I need to see some form of lower timeframe confirmation once price retest my zone.
All the thoughts are shown on the graph. If the price does not break the strong support zone down. Then the possibility of getting price rejection is high. Let's see what happens. Good Luck!!! 🙌🏽❤
SELL_NZDCAD Entry1 » 0.82437 Entry2 » 0.82580 Take Profit (TP) = 0.81838 Stop Loss (SL) = 0.82950 In this trade setup, we're looking to sell the New Zealand Dollar against the Canadian Dollar. Our first entry point is at 0.82437, with a second entry opportunity at 0.82580. We aim to take profit at 0.81838 and have set our stop loss at 0.82950 to manage risk in...
✅NZD_CAD is trading in A downtrend and the pair Is now making a bearish Pullback from the horizontal Resistance level of 0.8257 Which reinforces our bearish Bias and makes me think that The pair will keep falling SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
NZDCAD broke and closed below a key daily structure support. After a breakout, the price retested a broken zone and formed a symmetrical triangle on an hourly time frame. The support of a triangle was broken. It is a strong intraday bearish confirmation. I expect a bearish movement to 0.8225 ❤️Please, support my work with like, thank you!❤️
We have a great trade here where price is rejecting the order block. I dont trade this pair often. But the set up looks great.
NZDCAD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy NZDCAD Entry Level- 0.8248 Stop - 0.8232 Take - 0.8284 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️