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NZDCAD

NZDCAD - Short from resistance ✅Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from resistance zone for a potential short. Fundamental news: Tomorrow we will see results of Unemployment Rate on NZD and on Friday on CAD. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
2
NZDCAD - Following The Trend📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish , trading within the falling channel in blue. At present, NZDCAD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance. Moreover, it is retesting a strong supply zone marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper blue trendline. 📚 As per my trading style: As #NZDCAD approaches the red circle zone, I will be looking for bearish reversal setups (like a top 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
Short
by TheSignalyst
1
NZDCAD Will Go Down! Sell! Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.817. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 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!
Short
by SignalProvider
1
NZDCAD - Keep It Simple 👌Hello TradingView Family / Fellow Traders, On Daily: Left Chart NZDCAD broke below a previous major low so it is now acting as a local resistance zone, thus we will be looking for trend-following sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major low in gray. 📉 Meanwhile, until the bears take over, NZDCAD can still trade higher for an over-extended correction movement. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
NZDCAD Is Bullish! Long! Please, check our technical outlook for NZDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.824. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.831 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!
Long
by SignalProvider
1
#NZDCAD: 500+ bullish buying opportunity! Swing TradingDear Traders, We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade taken. Please wait for price to do its thing, do not rush. Patience pays!
Long
by Setupsfx_
5
NZDCAD Will Go Up! Long! Here is our detailed technical review for NZDCAD. Time Frame: 5h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 0.827. The above observations make me that the market will inevitably achieve 0.831 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
NZDCAD - Range BreakoutNZDCAD has been ranging since December 2023. More specifically, this range formed in early December (of 2023) when price failed to form a new higher high. I've been monitoring this pair on and off. While I have observed previous fake breakouts, or fakeouts, I would say the confidence level that this latest breakout holds is much higher. This comes down to one simple reason - today's close. The bearish bar was strong and cleanly closed below the lower range boundary.
Short
by FinancialGamblR
1