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
Entry: from the bullish zone. Stop Loss: below the bullish zone. TP: TP1 and TP2 Don't Forget to practice proper risk management.
The NZDCAD pair persists in a bearish trajectory, characterized by successive lower highs and lower lows, indicating a likelihood of continued downward movement.
Waiting for a break and retest of 0.81072 to short NZDCAD back to 4H swing low at 0.80510 If you agree drop a like and if you have any questions leave a comment :)
Hello,Traders! NZD-CAD went down but Will soon hit a rising support Line so a bullish rebound is To be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Higher time frame clearly bearish but we can profit for a bullish correction after swing from the place i put the arrow swing sell good luck
✅NZD_CAD went down but The pair will soon retest The rising support from Where we will be expecting A local bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
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...
Price has met key level and bearish continuation likely
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
NZDCAD formed a head & shoulders pattern after a test of a recently broken horizontal structure support. I think that the pair may continue falling, after the release of Crude Oil Inventories data today. Initial target - 0.8115 ❤️Please, support my work with like, thank you!❤️