NZDCAD
NZDCAD - LONG - BUYLooking to buy after the break above the HMA on the 1HR TF, and will consider partial buying. Will buy again if it dips into the Buy Side LQ Swing/Zone/Order Block. Buying strategy involves waiting for the break above the HMA and retest.
**This is solely my trading strategy and not financial advice.**
**Please trade with proper risk management.**
NZDCAD: Top-Down Analysis & Bearish Outlook 🇳🇿🇨🇦
NZDCAD nicely respected a recently broken key horizontal daily support.
After its bearish violation, an underlined blue area turned into resistance.
Testing the broken structure, the price formed a double top pattern
on an hourly time frame, giving us an intraday bearish confirmation.
We can expect a retracement at least to 0.8136
❤️Please, support my work with like, thank you!❤️
NZDCAD Is Going Down! Short!
Here is our detailed technical review for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.807.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NZDCAD: Intraday Bearish Confirmation 🇳🇿🇨🇦
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD.
After a retest of a broken structure, the pair formed a nice intraday bearish confirmation.
I spotted a horizontal range on a 4H time frame with a breakout of its support.
Such a violation increases the probabilities that the market will keep falling.
Goal - 0.805
❤️Please, support my work with like, thank you!❤️
NZDCAD: Strong Bearish Confirmation 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The breakout of a daily structure matches with a violation
of a support line of a horizontal range on a 4H time frame,
giving us a strong bearish confirmation.
I think that the market may reach 0.8115 level soon.
❤️Please, support my work with like, thank you!❤️
NZDCAD → Trade Idea | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY NZDCAD
! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUDCAD SELL SIGNALHello guys! its your girl forex potato, i have followed this pair for over a month now looking for signals, finally found one having missed NZDCAD entry.
AUDCAD has been a consistent downtrend for a long time now, it retraced and and now the trendline formed from pull back has finally broken and price is showing a sign of weakness indicating that the sellers are currently strengthened.
CONFLUENCES:
Price is in a downtrend
Pull back trendline is broken
Bearish engulfing
Double top
Hit the follow botton and boost button and let me see your comments if you have a different opinion
NZDCAD:🟢Buy Opportunity🟢
As you can see, the price swept the liquidity below the previous day's low and shifted the market structure.
Now we can expect that the price move lower to collect the inducement and then move higher.
We can define buy-side liquidity as the first target and the previous day's high as our final target.
Please pay attention: We need LTF confirmation in this scenario.
💡Wait for the update!
🗓️27/03/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
NZDCAD - Already OverSold ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCAD has been overall bearish, trading within the falling channel in red.
Currently, NZDCAD is approaching the lower bound of the channel.
Moreover, it is retesting a strong demand in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline.
📚 As per my trading style:
As #NZDCAD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD: Scalping Bear Trap 🇳🇿🇨🇦
I see a nice bear trap on NZDCAD.
Trading within a wide horizontal range, the price violated its support.
The violation turned out to be false and the market formed a tiny double bottom
on 30 minutes time frame.
We see a strong bullish imbalance now.
The market may keep growing to 0.8175
❤️Please, support my work with like, thank you!❤️
NZDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.82000.
Like, comment and subscribe to be in touch with my content!
More Momentum Ahead in NZD Forex Pairs?After scanning the FX crosses, I'm interested in pursuing trade setups on a few NZD crosses. The NZD crosses have had strong momentum. Until the weekly charts tell me this momentum is fading, I'm going to look to trade this strength.
Essentially I'm looking for trade setups to trade into the PWL/PWH (depending on the cross). I need to see H4 levels respected to then confirm looking for a strong M15 displacement shift to base an entry from.
NZDCAD: Will Start Growing! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move up.
❤️ Please, support our work with like & comment! ❤️
NZDCAD Will Move Higher! Buy!
Here is our detailed technical review for NZDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.818.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.823 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!