Nzd-cad
NZDCAD: Be ready to SHORT on this Opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
Since November 2020, the price has been following an interesting trendline, bouncing on it many times during the last few months.
Once it reached the main resistance zone at about 0.92500 on the 6th of January 2020, it just quickly and heavily collapsed back to its main trendline, getting then, a strong trend correction.
It has currently re-testing the S/R zone at about 0.91500 and the next price action on this area will be essential to understand the next market movement.
🔴 Conclusion :
The last bullish impulse wasn't able to break the 0.92000 level and it could be a nice sign of market weakness.
I'll be waiting for more sessions to understand properly the next direction but I'm currently confident to see the price falling down until the main trendline.
I'll update this idea with a clear Signal as soon as we'll get a clear rejection on that level.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your
NZDCAD - Short opportunity!Hey traders,
NZDCAD has shown strong bullish momentum the past 4-5 days after the break of the resistance trend line (A), after a bullish run NZDCAD has recently hit the 78.60 Fibonacci level, this level has been respected and has shown strong rejection.
Price has broken the support trend line (B) and is showing bearish momentum, this can be expected from this point onwards.
If you find this idea helpful...
Leave a like as it is much appreciated👍
Follow for future ideas❤
Comment below on what you think🗨
NZD/CAD - ShortPossible short opportunity on NZD/CAD.
following a break out from the uptrend, the price has returned with bullish momentum and has now reached an area of resistance.
Following a break in the trend line, bearish rejection at this zone (0.9190), and signals from the MACD and RVI I believe we could see bearish momentum down to support at 0.9050.
NZDCAD TRADING PLANIf NZDCAD can reject the 0.618 fib on the 4h chart we can look for more bearish selling.
NZD/CAD BUY SIGNALIt seems like the final upside wave is about to take place. Most likely it will be a fast move towards one of the resistance levels, but only as long as the support holds.
NZDCAD shorts explains inside the chart nothing too complex CAD bulls are in the market taking this towards monthly support levels.
wait on the market to come to you to place your entry
💡Don't miss the great sell opportunity in NZDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.9162).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.9075
TP2= @ 0.9034
TP3= @ 0.8979
TP4= @ 0.8902
TP5= @ 0.8746
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDCAD on a weekly resistance 🦐NZDCAD got rejected by a weekly resistamce.
The price, which is moving inside an ascending channel, retraced until the 0.5 Fibonacci level.
According to Plancton's strategy if the price will break above we can set a nice long order.
---
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDCAD - SWING - 04. JANU. 2020Welcome to our weekly trade setup ( NZDCAD )!
-
1 HOUR
Bullish reaction and closure above main sr level.
4 HOUR
Strong breakout and pullback afterwards..
DAILY
Overall bullish market structure, good long entries!
-
FOREX SWING
BUY NZDCAD
ENTRY LEVEL @ 0.91580
SL @ 0.91150
TP @ 0.92100
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCAD for new highs? 🦐NZDCAD after breaking above the weekly structure at 0.91750 started a minor consolidation move.
If the price will move according to Plancton's strategy we will set a nice long order.
----
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZDCAD: Double Bottom PatternHello to all,
NZDCAD setup a double bottom pattern. If we see any breakout about DB neckline we could join long trade.
All levels are on the chart.
Good Luck!
If you find it useful, please support this idea with LIKE.
Fakeout Play On NZDCAD at 0.911
Standard fakeout trade opportunity.
Price briefly crosses above the 0.9110 level and fails to hold above.
After seeing price fail to close higher for one 4-hour session, good timing to optimize entry.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
NZDCAD at a new bullish move? 🦐NZADCAD after the last impulse until the 0.91450 area, retraced back until the 0.89900 area.
The price from there found a support and start and moved up until the 0.90500 where it found a minor resistance.
IF the market will manage to break above the structure we can set a nice long order according to Plancton's strategy.
-----
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Uptrent on the way of NZDCADI predict an uptrend for NZDCAD
target: 0.95150
If it does not go the way I predict, then it will possibly go down to 0.86000 after reaching the 0.91600
NZD/CAD Short SetupIf we can get a nice bearish close below the blue line these is a great opportunity to sell this pair.
After breaking the trendline we saw Bulls trying to get back in control by making a higher high but bears a still under control and strong close below the level would be a great indication of a move to the downside.
