higher or lower? analyse step by step i want to be honest with you.
nobody cant predict price path before some prices are seen so if 0.83813 and 0.84470 will seen in this week , price will move to higher levels like 0.84869 and we can set our Strategy to buy.
if the price can not reach to the 0.83813 we have bearish trend and we can set our Strategy to sell
NZDCAD
NZDCAD Ready for bounceThe NZD/CAD pair is exhibiting a bullish trend, notably forming an ascending triangle pattern. This pattern suggests a potential bullish continuation, especially with the formation of a bullish buildup. The market sentiment appears poised for a bounce, indicating a favorable opportunity for traders. As the price consolidates within this pattern, anticipation grows for an upward breakout. Traders are closely monitoring this setup for potential entry points to capitalize on the expected bullish momentum.
NZDCAD - Top-Down Analysis 📹 From Weekly To H1Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 Here is a detailed update top-down analysis for #NZDCAD.
NZDCAD is hovering around a weekly resistance, so we will be looking for sell setups on lower timeframes.
On H1, we are waiting for a break below the last major low to sell. Once the sell is activated, the stop loss would be above the previous high, and we will target double our stop loss size to have an edge over the market.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up levels for BUY . NZDCAD long from Support
! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
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NZDCAD, Higher prices to see?NZDCAD / 1D
Hello traders, welcome back to another market breakdown.
NZDCAD pair has been trading in a Bearish trend, However, the price is showing evidence of a reversal around Key Yearly Low. Which might lead to more higher prices to see. I'll look to get on lower prices after getting the LTF confirmation in the next Pull-back phase.
Trade safely,
Trader Leo
NZDCAD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83800 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83800 support and resistance area.
Trade safe, Joe.
NZDCAD Massive Short! SELL!
My dear friends,
NZDCAD looks like it will make a good move, and here are the details:
The market is trading on 0.8316 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8268
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NZDCAD: Short Trade with Entry/SL/TP
NZDCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short NZDCAD
Entry Point - 0.8280
Stop Loss - 0.8301
Take Profit - 0.8234
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD Under Pressure! SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8278
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8237
Safe Stop Loss - 0.8304
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: After change of character here we can see that price started to make higher lows and higher highs, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.82000.
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nzdcad buy positionIn the daily timeframe, we have a strong impulse wave, after which we had a price correction. We are witnessing the failure of the reform process. In the 4-hour time frame, the price can break the specified resistance level, we expect the price to grow to the specified range as the first target.
NZDCAD Is Going Down! Short!
Take a look at our analysis for NZDCAD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.827.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.825 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.
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NZDCAD Trading Plan - 11/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect NZDCAD to go Down from these levels.
Potential correction is almost completed.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Exploring the Link Between USD Strength and Bearish NZDCADHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83050 zone. NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83050 support and resistance area.
Adding a fundamental layer to our analysis, it's crucial to consider the impact of USD strength on global markets. A stronger USD often leads to bearish sentiment in global stocks due to its negative correlation with risk assets. As investors flock to the safety of the US dollar during times of uncertainty, riskier currencies like the New Zealand dollar (NZD) tend to weaken. Consequently, bearish sentiment in stocks can translate into downward pressure on NZDCAD as traders seek safer havens.
Trade safe,
Joe.