NZDCAD | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful.
Reason for a Short Position: Price was rejected by Descending Channel resistance. Also price was rejected bu Ichi Cloud resistance and Pivot Point. Currently crossing the mid line
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Nzd-cad
NZDCAD Daily Analysis 2/16/20NZDCAD Short idea
This pair has been very bearish after seeing strong rejection from the weekly 88.6% fib level.
We’re now seeing a healthy trend print lower lows and lower highs repeatedly
Look to re-enter on a key fib level retracement and/or significant pattern with strong bearish setups.
Target for this setup will be 0.84000
NZDCAD UPDATE We have been shorting this one since breakout, and i would like to see some pullback or retracement from this last drop before entering again! Around 0.8540/0.8550 would be great!! Could go to 61.8 fib also! Right now we wait!
What do you think?? Still have room for one more short?? Or this one is a buy now? Leave a comment!!
NZDCAD | SHORTFX:NZDCAD OANDA:NZDCAD FX_IDC:NZDCAD
Eat responsibly. #SATRADERS
i believe this is to confirm your analyses and not to give you a clue. The best trader is yourself, but when we wrong being corrected is good too. So anyways guys, correct me if im wrong, on the D1 timeframe the next serious area of sensitivity is right below.
NZDCAD Daily Analysis 2/9/20NZDCAD Short Idea
We have identified the monthly timemframe as bullish and the weekly,daily & 4hr as bearish
Last week we saw this play out to perfection from our analysis. We saw strong bearish momentum confirm the transition to the downside.
Now we have seen a lower time frame support level broken and we are looking for a retest. Ideally a retest followed by 4hour/1hr bearish setups would be enough confirmation to enter on.
We’re looking to target lower toward our 0.84000
GBPUSD | Might Lose Strong SupportPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1.29109
TP1 - 1.28213
TP2 - 1.27347
TP3 - 1.25466
TP4 - 1.24272
TP5 - 1.23227
TP6 - 1.22122
SL - 1.29407
Reason: Price is sitting on a Strong Horizontal Support and in case the one is broken than sharp decline is expected. Please consider initiate a position on a confirmed breakout of support level.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
NZDCAD | Breaking Ichi Cloud SupportPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 0.85682
TP1 - 0.85437
TP2 - 0.85056
TP3 - 0.84562
TP4 - 0.84220
SL - 0.85757
Reason: Price lost Pivot Point support and currently losing Ichi Cloud Support. Consider initiate a position on a confirmed breakout of Ichi Cloud.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
All Major FX Currencies Indexes..: TLRwealth Analysis :.
All Major FX Currencies Indexes.
#GBP #USD #xxxJPY #EUR #CHF #AUD #NZD #CAD
In this "Idea" and the following others, #TLRwealth will spot the best opportunies by "multi & inter convergences" between all the major #currencies in the #forex market.
From Y1 (yearly) timeframe to D1 (daily).
And in separated thread ideas, we will detail very each currency index to determine the good side (bullish / bearish) of the market.
Y1
Q1
MN1
W1
D1
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NOTES :
TLRwealth open as few brand new thread as possible. So, please to make this Analysis in Favorite to be notified on new UPDATES.
TLRwealth Analysis are optimized for "Portrait Mode" screen or mobile/tablet.
NZD/CAD-Daily analysis Hello everybody!
-On this daily chart we can see that previous support line(yellow line) now becomes resistance line and the price was rejected when it hit that line.
-We can also see that yellow line is very strong support and now resistance because it had multiple touches in the past(about 15).
-On daily base NZD and CAD are at same level and on weekly base NZD is stronger than CAD.
-I recommend to wait until conformation signal if it is going to happen.In other case if NZD gain more bullish power the price may break that resistance line,...
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
NZDCAD Daily Analysis 2/1/20NZDCAD Short Idea
The Monthly and daily timeframes are both bullish while the weekly and 4 hour are bearish.
Currently we are seeing more bearish potential from the current zone. We saw strong rejection at our monthly resistance around 0.87000 and failure to push higher.
Now we have spotted the start of a transition and are now looking for more confirmations.
A nice retest to the 61.8% fib area would be perfect with some confluence and bearish setups. We’re looking to target lower toward our weekly support around 0.83750
NZDCAD POSSIBLE SELL The price bounce from a downtrend and a resistance zone, broked a up counter trend, and right now is making a corrective structure on the 4H timeframe. to go short i would like to see a 4H candle close below mentioned zone (Red Zone)
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NZDCAD | Head & ShouldersPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 0.86067
TP1 - 0.84617
TP2 - 0.83311
TP3 - 0.82491
SL - 0.86419
Reason: Price formed Head and Shoulders pattern, Losing its horizontal support.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
NZDCAD Update on breakout!! 150pips!! Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern !
Entering short here with 40pips SL !
What do you think?? Care to comment? join me on telegram so we can discuss other analysis aswell!! t.me/tradingbayfx