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...
#NZDCAD Sell Idea ............................................................................
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!❤️
NZD CAD PRICE - BACK TO IMBALANCE ZONE we got a break out of up trend line nd takes retest after price will be down fall till support zone make a short entry as shown in the picture follow for more live updates
NZDCAD is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level. If the buy momentum continues the next target could be 0.80200 What you guys think...
We may enter short after correction .. as directed by Chart above Weekly down Daily down 4hrs about to follow trend heading down We are searching for confirmation to Enter after few hours .. Safe trade and Do risk management well
This week, NZDCAD broke through and closed below an important horizontal support level. The broken support has now become a resistance level, which the market is currently retesting. I anticipate a bearish trend continuing towards the levels of 0.8117 and 0.8070.
Price is rising towards a resistance level which is a pullback resistance which aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.81639 Why we like it: There is a pullback resistance level which aligns with the 50% Fibonacci retracement Stop loss: 0.81898 Why we like it: There is a pullback resistance level...
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Here is our detailed technical review for NZDCAD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.818. Considering the today's price action, probabilities will be high to see a movement to 0.814. P.S Overbought describes a period of time where there has...
Type of order: pending sell order. Last week this pair suppose to go down and start to go higher and higher; so this week it needs to make a good retracement. blessings. Risk:reward 1:3
NZDCAD can be attempted to short at LH (also bearish divergence occur) by placing Sell limit. SL , TP mention in chart Analysis at 1 hour
NZDCAD is showing Bearish divergence and it break its Last HL plus its Trendline which shows potential break on uptrend sell on CMP with risk define previous highs