✅NZD_CAD is going up to retest a horizontal resistance around 0.8257 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.8225 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83000 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83000 support and resistance area.
Greetings Traders, In today's trading session, our focus is on NZDCAD, where we see a promising buying opportunity emerging around the 0.83500 zone. NZDCAD has been traversing a downtrend but is currently undergoing a correction phase, drawing nearer to the retrace area near the 0.83500 support and resistance zone. Adding depth to our analysis, recent...
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.
NZDCAD looks strong bearish it's most likely looks market will go down if this strong support break then we can see new bearish structure . let's see what will happened What do you think?
NZD/CAD Formed a bearish divergence on Daily Resistance Level - Bearish Reversal is expected! (96% Bearish Sentiment - MyFxBook) Entry on Break of HL - Confirmation Level (0.83070). Take Profit 1 - 0.82500 (Support Level), Stop Loss -0.83640 (Above HH).
The CAD/NZD currency pair is currently positioned at a crucial support level, exhibiting strong technical indicators suggesting a potential upward movement. The identification of a Bullish RSI Divergence on both the 1-hour and 4-hour charts reinforces our bullish sentiment. Entry and Risk Management: Entry Point Our recommended entry point for this trade is...
Nzdcad has been trending for a while, I'm looking for a pull back to my demand zone, and I will initiate a buy trade, my stop loss will be below my demand zone while my take profit will be at recent high. TRADING THE FINANCIAL MARKETS IS A DANGEROUS GAME ALWAYS USE STRICT RISK MANAGEMENT PROTOCOLS AND ALWAYS DYOR!!!
Possible NZDCAD trade scenario Enter with confirmation on ltf Manage risk if Taken Direct entry on THESE zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
A #short trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 0.82514 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward...
Using the BBMA Strategy by OA, a Re-Entry Short in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme Sell 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines)...
After a volatile spike down on news, pricing has taken out low support and I expect prices to rise up to the upper order pool.
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. May -2 so far JAN (6R) FEB (1R) March (-7) April(-1)
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), NZDCAD rejected the lower bound of the red channel and traded higher. What's next? 📈 NZDCAD has been overall bearish, trading within the falling channel in red. At present, NZDCAD is undergoing a correction phase, trading...
NZD-CAD has reached a Horizontal resistance level Of 0.8247 and the pair is Locally overbought so I will be expecting a Local bearish correction !
NZD/CAD 1D - This is another market I am looking to take long, I want to see price come back down, correct itself so we can look to get involved with a refined entry. I was going to place longs now but I understand that our RR would not be so good and our position would not be very refined, this is why I am choosing to wait for price to correct itself taking us...
The NZDCAD pair just completed a Death Cross on the 1D time-frame, the first since June 20 2023. Even though the price rebounded inside the 1.5 years Higher Lows Zone, the prevailing pattern since December 2023 is a Channel Down. With the July 14 2023 High formed (and rejected) on the 0.786 Fibonacci retracement level, it is possible to see a rejection on the new...
NZDCAD is forming double top coupled with the completion of the wave '5' at a strong resistance level 0.8250. Goodluck!