✅NZD_CA D is making a Bullish rebound from The rising support line So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
First of all, Price of NZDCAD was in falling wedge pattern on daily time frame and it breakout in a classic fashion. Currently, it is at buy zone and a good setup for long from here! Thank you for reading.
This chart shows RSI above 50 with double bottom and double top both patterns but we can see there isn't any bearish engulfing candle.
NZDCAD has formed a falling wedge pattern indicating a trend reversal
As you can see, everything is highlighted, price is bullish in both weekly and daily time frame, in 1 hour time frame price has raided the previous day high hence we expect to see retracement, and not just retracement but a price has to go to a deep discount in order to be bought.
after breaking the trendline it will just go for high chances
As per Price Action at this level there Is a short opportunity on NZDCAD.
A price action below 0.8095 supports a bearish trend direction. Increase short exposure for a break below 0.8075. The target price is set at 0.7985. The stop-loss price is set at 0.8185 (its 200-day simple moving average). An incomplete falling wedge patterns seems to be developing.
We can attempt to short NZDCAD from specified level as LH , 0.5 FIB , trendline resistance , EMA 100 occur. SL , TP mention in chart
The NZDCAD pair persists in a bearish trajectory, characterized by successive lower highs and lower lows, indicating a likelihood of continued downward movement.
22nd April to 26th April Week Analysis. It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it! Watch the charts, If you like then do follow on X and Tradingview.
After beautiful profits selling this asset we´ll look for buy opportunities. Type of order: pending buy order. Risk:reward 1:2.5 If price continue going up, we´ll remove it. Blessings. Good luck.
CADNZD is currently demonstrating a robust bullish momentum within a significant support zone, coupled with adherence to an ascending trendline, suggesting a favorable bullish trajectory. This analysis delves into key technical indicators to assess potential trading opportunities. Key Technical Factors: 1. Bullish Momentum: CADNZD exhibits a notable...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Harmonic Pattern: The Crab Harmonic pattern is a reversal pattern that indicates potential trend exhaustion. In this case, the presence of a Crab Harmonic pattern suggests a possible reversal to the downside for NZDCAD. Technical Indicators: Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the...
Price Action BIAS Daily : Short 4Hourly: Short Price retraced to H4 horizontal level and created a H&S pattern. Price formed a lower low. Set a short trade in H1 H&S neckline (Horizontal Level) Targeting daily swing low.
I'm expecting to see price rallying from that price point i have shown since, where price is, i see a very deep price discount which is a nice place to buy do not forget to follow me for more insights