Waiting for the 4-hour candle close for SHORT confirmation.
The previous NZDCAD short trade I took, closed me out for roughly 0.33 % The way I'm currently reading that chart is: 4 hr pulled to create lower low and then pulled up to create lower high at .618 fib & 0.890 intraday S/R This would be the next lower high formed after the head and shoulders pattern pointed out on the chart. Price on both 1 hr and 4 hr is...
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Plan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
I am looking for sell on nzd cad.
STATUS = Confirmed CURRENT CONFIDENCE = 60% TARGET (EXIT) PRICE = 0.897330 CAD BREAKOUT (ENTRY) PRICE = 0.893710 CAD DISTANCE TO TARGET PRICE = 0.44% (38.9 pips) EMERGED ON Jul 22, 09:00 PM (UTC) CONFIRMED ON Jul 22, 08:59 PM (UTC) WITH CONFIDENCE LEVEL = 68% I found this pattern at tickeron website with the following data: The Falling Wedge pattern forms when...
Looks like the correction C wave (5 wave sequence). At resistance and did not break previous high marked by black line.
the Butterfly pattern has been formed so the market is expected to bearish.
use appropriate risk management at all times. Wait for all confluences to align before entering.
Hello Guys, Weekly and Monthly... NZDCAD is on top registance price in Channel Pattern. We need to wait a correction candle (long red candle on Daily or H4). If you see it, we can go to long run... But there is another obstacle barrier - 50 EMA and 200 EMA in Daily Chart. I hope it is going down Fibo 50% ~ 61%. Good Luck.