NZDCAD Short Term Buy IdeaH4 - Bullish trend pattern.
Currently it looks like a pullback is happening.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
NZDCAD
NZDCAD: Targeting the 1D MA200NZDCAD just turned bullish on the 1D technical outlook (RSI = 56.955, MACD = 0.000, ADX = 22.539) as it rebounded on the 1D MA50. The signs for this rally emerged after a Double Bottom Zone emerged, following a nearly 5 month RSI Bullish Divergence on HL, which indicates that we may be initiating a new long term bullish trend.
Our focus for now is on the short term though as we go long, targeting the R1 level (TP = 0.82175) and a potential touch with the 1D MA200. That will be a new LH for the Bearish Megaphone pattern.
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NZDCAD - Bullish Double Bottom📈Hello Traders !
On Friday 20 October, The NZDCAD Price Reached a Support Level (0.79808 - 0.79418)
Currently, The Price Formed a Double Bottom Pattern.
The Neckline is Broken.
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 0.81100🎯
NZDCAD Bearishlast week weekly candle closed engulfing, so this week i anticipate a pullback then price continue up, while we go to H4 we see price exhibiting SMS. so i am going to act to the scenario for short term sell as seen on the chart.
NZDCAD Technical Analysis And Trade IdeaIn this video, we offer a comprehensive breakdown of the NZD/CAD currency pair, focusing particularly on the prevailing bearish sentiment observed in higher timeframes. Notably, the NZD/CAD has reached a critical support level. Throughout this presentation, we delve into fundamental aspects of technical analysis, encompassing elements such as the existing trend, dynamics of price movement, market structure, and various other crucial components of technical analysis. As we proceed further in this presentation, we closely analyze a potential trading opportunity.
It's crucial to emphasize that the information shared in this content is purely for educational purposes and should not be interpreted as financial advice. Engaging in foreign exchange market trading carries a substantial level of risk. Therefore, it is imperative to prudently integrate risk management strategies into your trading plan.
NZDCADIs NZDCAD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.8030 followed by 0.7950
What you guys think of it
NZDCAD Consolidate Phase?NZDCAD undertook a fairly significant first phase, an impulse wave. Next, the second wave of the correction phase is expected to form. Finally, the impulse wave will appear again, to be precise, the third wave.
It is possible that the fifth wave will also form until the second arrow.
Very interesting to follow, don't miss it.
This is not financial advice, be sure to do your own research first.
NZDCAD: 26/10/2023:🟢Buy opportunity According to the market structure, we can expect that the identified bullish order block work as a support and push the price higher.
Please pay attention, we need an LTF confirmation for the execution.
💡Wait for the update!
🗓26/10/2023
🔎 DYOR
💌It is my honor to share your comments with me💌
NCAD – BREAKOUT CONFIRMEDHi Friends!
Let’s analyses this pair from multi time frame.
Daily : Price got rejected from strong demand + support zone
H1 : Multi-bottom pattern got breakout. Let’s monitor price action and look for BUY entry.
Just remember to manage your capital while trading. No matter how perfect your trading system is, the way you manage your risk is the key to be a consistent trader.
NZDCAD SELL SETUP [BEARISH CONDITIONS]Putting together supply and demand, harmonic patterns and ict concept to give a high probability SETUP. Most likely to play out soon
NZDCAD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis.
Watch strong action at the current levels for BUY . GOOD LUCK! Great BUY opportunity NZDCAD
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NZDCAD Analysis H4Here is my analysis for NZDCAD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZDCAD H4 | Potential bearish reversal?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.8025, which is an overlap resistance that aligns with the 23.6% FIbo retracement.
Our take profit will be at 0.7969, a swing-low support level. The stop loss will be placed at 0.8080, an overlap resistance level.
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NZD/CAD SUCCESSFUL SIGNALTrade Details (H1 TIMEFRAME)
Sell Limit Given
Entry: 0.81370
Take Profit 1: 0.8125
Take Profit 2: Open
Take Profit 3: Open
Stop Loss: 0.81510 (Extended)
Simple Reasoning
H4 POI
LQ Taken
Better Entry on the M15
Closed Early around 4R/%
NZDCAD Analysis H1Here is my analysis for NZDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Trend Continuation on NZDCADPrice on NZDCAD is bearish at the moment and price has created a lower low. So, if price continues lower I will sell back down to the low and further.
This currency pair has been creating lower lows and lower highs the past few days and this seems to be a good setup if price can stay below the last lower high.
What will invalidate this trade is if price pushes higher past the 12hour lower high.
Disclaimer: this analysis is based on my strategy and personal view of the market. Please be sure to follow your own perspective.
BluetonaFX - NZDCAD SHORT to Monthly Low IdeaHi Traders!
There is a possible retest of the strong support level of 0.80531, and there are potential opportunities for short entries towards this level.
Price Action 📊
The market is currently in a descending price channel and recently broke and closed below the 20 EMA, which suggests that there is currently bearish momentum in the market.
We are looking for the bearish momentum to continue with a look to target the support level of 0.80531, which is also the monthly low.
Fundamental Analysis 📰
Recent data out of New Zealand has not been as strong as analysts would have liked, which may lead to possible NZD weakness for the time being. Additionally, the NZD seems to be weaker following the release of Chinese inflation figures, which has an effect on antipodean currencies.
Support 📉
0.80531: MONTHLY LOW
Resistance 📈
0.81203: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
NZDCAD Long Term SELLING Trading IdeaHello Traders
In This Chart NZDCAD DAILY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCAD Potential DownsidesHey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.80600 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows.
Trade safe, Joe.
NZD/CAD Buy Idea 13/10/23Trade Details
NZD/CAD Buy Limit
Entry: 0.8087
Take Profit 1: 0.8132
Take Profit 2: 0.8187
Take Profit 3: 0.8249
Stop Loss: 0.8066
Key Notes
Order flow: Bullish
Trend: Bullish
Structure: Broken
Entry at order block
Disclaimer:
This is just a sample template and should not be used as financial advice. Always do your own research before making any trading decisions.
NZDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
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NZDCAD I Long Opportunity from Support
Welcome back! Let me know your thoughts in the comments!
** NZDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NZDCAD - As Oil Prices Decrease So Does The CAD!Analysis:
Bullish Confluences
Recent breakout of longer term downwards trend
In an upwards trend
Retesting an area of significance
50% fib retracement level touched
Bullish pennant pattern formed & broken out of
The NZD is the 4th strongest major currency whereas the CAD is the 3rd weakest major currency
5K long position increase for the NZD
2K short position decrease for the NZD
12K short position increase for the CAD
Bearish Confluences
5K long position increase for the CAD
Recent CAD news has been bullish
Stay Safe - The JPI Team
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Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
