Hello so let me explain the analys!! Weekly is in downtrend so higher probability to take sells instead of buys I can see LL and LH so lets see if it respects this time , i can see some manipulation going on before it falls so risk free .
NZDCAD confirms a breakout on the bearish trend formed under hourly timeframe. Here we see a strong support created on the bottom which is also being supported back to the upside momentum. Expecting a decent bullish rally ahead which may retest the previous swing high formed.
We have some PPO Confirmation at the PCZ of a Bullish Butterfly near a Support Level, along with some Pending MACD Bullish Divergence inside of a Falling Wedge Pattern. I think we are setting up to eventually Breakout of the wedge and get a 10-20% move out of it.
Swing trade idea for nzdcad i think that's a good trade if can be a patient lol😁
Time Frame: - Daily/Weekly Analysis - 1HR/2HR Execution - 30Min Confirmation Trend: HTF Downtrend after HTF pullback to 70.70% Fib Weekly = Downtrend Daily = Downtrend 1. We are observing the continuation of a downtrend after a large retrace took us to the 70.70% Fibonacci. 2. We then continued our descent within a strict downward trend line (5 bounces off...
Hi Traders! NZDCAD is on the trendline support, and there is an opportunity for short entries leading to a possible support break. Price Action 📊 Market swings filled with lower highs and lower lows consistently for the past eight weeks. The market has also failed to close above the 20 EMA for the past three weeks, showing a current lack of bulls in the...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade 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 The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders, NZDCAD first is going upward and afterthat down
-Bearish trend -Double correction pattern with a leading diagonal on wave (a) of a second zigzag pattern. It indicates a bearish on this market. the last leg that is forming is a wave (c) which could be either impulse or ending diagonal. -Second pattern taking longer time than the first one to form. - Wave (c) if impulse will form double bottom pattern as shown...
NZDCAD is trading in a long-term bearish trend. However, the market was consolidating the entire August within a horizontal range on a daily. The support of the range was finally broken last week. It is an important sign of strength of the sellers, and it indicates a highly probable bearish continuation. The prices may go lower at least to 0.7936 support ...
this is my bullish technical idea and price action analyse . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
NZDCAD Channel: RED WK Pivot: RED AOB: EMA10 CON: SBB SELL Stop: 0.79689 Stop Loss: 0.80195 TP01: 0.79183 TP02: 0.78171 DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing of EMA10 However, trade is not taken/considered as it differs from our Market Analysis Bias. SPX500: BUY DXY: SELL OIL: SELL GOLD: BUY Reference...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade 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 The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#NZDCAD Sell Idea .............................................................
Hey Traders, in today’s trading session we are monitoring NZDCAD for a selling opportunity around 0.80200 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.80200 support and resistance area. Trade safe, Joe.
Triangle pattern had FalseBreakOut on nzdcad H4 chart. Now time bullish target is 0.8220 level. SL is around 0.8100 level...
Hello,Traders! NZD-CAD is trading in a downtrend And the pair broke the key Horizontal rebound level of 0.8 Made a pullback and retest And is now going down again So we are bearish biased And we will be expecting The pair to keep falling down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!