NZDCAD
NZDCAD - Bearish continuation ✅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 as I see price to continue bearish price action.
Fundamental analysis: On Wednesday will be released Interest Rate on CAD, and on Friday Unemployment Rate. Pay attention to the results in order to validate the analysis.
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NZDCADNZDCAD is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone. As the red candles at resistance zone indicating the sell pressure.
If the sell momentum continues the red next target could be 0.8000 region.
What you guys think of this idea?
✅NZD_CAD RISKY SHORT🔥
✅NZD_CAD will be retesting a resistance level of 0.8103 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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NZDCAD FOREST:OO1I'm looking forward to trigger my H1 time Order Block.
Then Wait for Market to create and bullish structure that
includes an Order Block, Imbalance and Change of Character.
Then enter at the Order Block responsible
for the Change of Character.
I'm expecting the market to trigger my Order Block around
Wednesday during as a Weekly Reversal.
Entry : 0.79914
Take Profit : 0.80788 (87.4 Pips)
Stop Loss : 0.79764 (15 Pips)
Target Pips : 87.4 Pips💸💸💸
NZD/CAD Will Explode! BUY!
My dear followers ,
My technical analysis for NZD/CAD is below:
The market is trading on 0.80437 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.80732
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
NZDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.80300 zone, NZDCAD was trading in a downtrend and successfully managed to break it out. currently we are waiting for a correction to see a potential retrace of the trend towards more highs.
Trade safe, Joe.
NCAD - DAILY SUPPORT/DEMAND + H4 DIVERGENCE Daily time frame : Price is approaching strong support + demand zone. Price got rejected multiple time at this zone. We will expect the same behavior.
H4 time frame : AO divergence: Price is making lower low while AO is making higher low => Divergence => Seller is getting weaker.
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.
FX:NZDCAD OANDA:NZDCAD FOREXCOM:NZDCAD
NZDCAD: Your Trading Plan For Today 🇳🇿🇨🇦
NZDCAD is testing a key daily structure support.
The price already formed a doji candle on that, confirming a local weakness of sellers.
To buy the pair with a confirmation,
I would suggest waiting for a breakout of a neckline of a cup and handle pattern on 4H time frame.
4H candle close above 0.806 will confirm the violation.
A bullish continuation will be expected to 0.809 / 0.811 levels.
If the price sets a new lower low, the setup will become invalid.
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NZDCAD - Looking for a short ✅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 make a retracement to fill the imbalance higher and then to reject from bearish order block.
Fundamental analysis: Tomorrow will be released monthly CPI on CAD, but on Wednesday will be released Cash Rate on NZD. Pay attention to results in order to validate the analysis.
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NZDCAD - Strong Support Ahead 💪Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDCAD has been overall bearish trading inside the falling channel in red, and it is currently approaching the lower trendline.
Moreover, the 0.79 - 0.8 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower red trendline.
As per my trading style:
As NZDCAD is sitting around the purple 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 HIGHER CONTEXT IDEASPrice made a huge move below.
If you looking on the leftside base on daily, there are still buyers and sellers.
after that rise of price. price retest its below, so im expecting that fall is just a break of its structure to navigate the actual buy zone at this current level of price.
Im expecting more than this idea, so the stoploss is a lot below. you can wait it or anticipate it base on your margin. Swing upto 0.83500 zone.
This is not a financial advice.
Follow for more swing ideas and for longer trades.
NZDCAD Will Move Higher! Long!
Here is our detailed technical review for NZDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.804.
Considering the today's price action, probabilities will be high to see a movement to 0.807.
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.
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NZDCAD - Do We Have A Bullish Breakout Pattern Setting Up?Analysis:
Bullish Confluences
Recent change into a bullish trend (HH formed)
Retest of a key level
Falling wedge pattern
3K short position decrease for the NZD
4K short position increase for the CAD
Bearish Confluences
NZD is the 5th strongest major currency whereas the CAD is the 4th strongest major currency
9K long position increase for the CAD
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.
NZD-CAD Support Ahead! Buy!
Hello,Traders!
NZD-CAD keeps falling down
So I am bearish mid-term
But the pair is locally oversold
So as it is about to retest a
Horizontal support of 0.8028
I believe we might see a local
Bullish correction
Buy!
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