Demand zone for long 0.8257-0.8222, stop loss: 0.8217, tp 0.8380.
NZDCAD has been in a correction for almost a year and we might be at the start of the next big impulse. We're expecting NZD strength so we can assume that NZDCAD has bottomed out. Trade Idea: - Watch for BOS, trendline break or reversal pattern on lower timeframe - invalidation for this bullish scenario is below 0.794 so any entries will require a stop below...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. As I expected in my previous analysis price filled the imbalance and now I wait price to reject from bullish order block + institutional big figure 0.83000 to open a long position. Like,...
Hello,Traders! NZD-CAD broke the key Horizontal level of 0.833 And the breakout is confirmed So I am locally bearish biased And I think that the pair Will go further down Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Is NZDCAD exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600 What you guys think of it?
Waiting for a break and retest of 0.83133 to short NZDUSD back to 4H swing low at 0.81995 If you agree drop a like and if you have any questions leave a comment :)
The Canadian dollar is showing strength, so I am mainly looking for opportunities on pairs that are late to the game and hasn't started to move yet. NZDCAD presented a clean setup right now. A horizontal rectangle that lasted a few days before testing the range high and failed. Then price pushed right thru the range low and closed strongly down on Friday. If the...
Price ranging below strong support zone. Divergence at major level of resistance. Bearish Divergence on RSI Indicator. Bearish Divergence on MACD Indicator. Rising Trendline Breakout. Strong bearish candles. Enter @ Current Price and at Retest of the Rising Trendline Protection above Strong Resistance Zone. Targets @ 38.2, 50 & 61.8 Fibo. Retracement.
Buyers have found bullish resistance Prices are bouncing back downwards This level has already been decisive in the past particularly in July I think prices could fall in the coming days
If the price is not able to stay above 0.8330 My target will be 0.8216
NZDCAD *Weekly_Bearish *Daily_Bullish *4HR_@ potential reversal zone,waiting for BOS to lows,Potential manipulation of highs for a sell off #BYKCAPITAL
Wave 4 of Wave 1 to the Upside looks complete on NZD/CAD.
on weekly/ monthly price formed a bullish flag pattern, price broke a counter trendline also breaking structure to the upside. price is pulling back now so we will wait for at least a 0.5 fib level pullback before finding an entry
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
nzdcad make double top with bearish divergence, chances are to go down, entry at CMP , sl will be at top of double bottom,
The NZD/CAD currency pair is currently positioned for a short-term buying opportunity, with technical analysis pointing towards a potential price reaction at a key Fibonacci level.
TF: 4 hr If you are a trend line trader, then NZDCAD might be setting up for a trend line bounce around $0.8280. Keep an eye on price action to see if it shows signs of bouncing in that area.
NZDCAD sell potential sell trade. Risk to reward ratio is 1.9. This is not financial advice.