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NZDCAD

Forex Journal #4: NZDCAD Pullback To SellIn my journal, I'm noticing NZDCAD made a new lower low on the 4 hour and 2 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 0.85585 and entering on the 2 hour timeframe to keep the stop loss small. Trade at your own risk and risk level. I'd love if you can reply your thoughts and like the video for more
by ShaquanLopez
USD/CAD LONG AND SHORT SETUP AFTER NEWSOn USDCAD, we have a neutral - bearish setup today. The price has been bouncing off a support level for hours. At the moment, however, it has not yet confirmed a long entry. Therefore, there are two hypothetical scenarios. The market provides confirmation on M15 and H1 at the level of 1.3170 after the US data, or the price drops below the support level towards 1.3090. Let me know what you think. Greetings and happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.
Short
by Forex48_TradingAcademy
4
NZD/CAD GOOD FVG - LONG ENTRY SETUP H1On NZDCAD, we have a bearish setup where the price has reached the 0.8245 zone, where we have a Fibonacci Voltage Gauge (FVG), indicating a potential price reaction zone that could lead us to enter a long position with a target of 0.8363. Moreover, the target itself exhibits the same characteristics as the previously mentioned zone, as we have an excellent FVG for a short trade. Let me know what you think, and I wish you successful trading. Nicola, CEO of Forex48 Trading Academy.
Long
by Forex48_TradingAcademy
1
Forex Journal #2: NZDCAD Counter Trade In my journal, I'm noticing NZDCAD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 0.81570 and entering on the 4 hour timeframe to keep the stop loss small. Trade at your own risk and risk level. I'd love if you can reply your thoughts and like the video for more
Short
by ShaquanLopez
NZDCAD DOUBLE FVG LONG AND SHORT ENTRYWe have identified a bearish setup on NZDCAD, with the price bouncing four times in a full Asian session. Personally, I don't consider entries during that session to be good, so I will look for confirmation in the London or New York session. Therefore, we will see if at M15 + H1 the price manages to provide confirmation at the level of 0.8360; if so, we could enter a short position with a target of 0.83. However, please note that the market has another strong level at 0.8235, so it might drop directly to that zone as it is a highly significant price level and may not retrace to our key point. I wish everyone successful trading, and greetings from Nicola, the CEO of Forex48 Trading Academy.
Short
by Forex48_TradingAcademy
4
NZDCAD: Confluence Zone & Your Trading Plan 🇳🇿🇨🇦 NZDCAD is testing an important confluence zone: I spotted a perfect match between a horizontal key level and a falling trend line. For a confirmation, watch a double top pattern on 1H time frame. We need a breakout of its neckline as a trigger. Hourly candle close below 0.8356 will confirm a violation. A bearish continuation will be expected to 0.83 level then. If the price sets a new high, the setup will become invalid. ❤️Please, support my work with like, thank you!❤️
Short
by VasilyTrader
11
NZDCAD Bullish Buy Opportunity at 0.83991 We have identified a potential buying opportunity in NZDCAD at 0.83991. The decision to enter a buy position is supported by the presence of a bull flag pattern on both the weekly and daily charts. This pattern suggests a potential continuation of the upward trend. To manage risk, we recommend setting a stop loss at 0.82988. This level is strategically chosen to protect against a possible fake breakout and limit potential losses. For potential profits, we suggest setting a take profit level at 0.89468, targeting the first supply zone. This area represents a significant resistance level where prices may encounter selling pressure. Please note that trading involves risks, and it's essential to perform your own analysis before making any trading decisions.
Long
by UpHighTrade
1
NZDCAD - 4hrs ( Buy Trade Target Range 180 PIP ) Pair Name : NZD/CAD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— ☄️ Bullish Reversal 0.81750 Area Reasons - Inner Turn level - Visible range Poc Break - Choch Area Break - Trend Line Break - Fixed Range Poc ☄️Bearish Reversal 83.600 Area Reasons - Major Turn level - Pattern Target - Visible Range Lvn Area - Month High Area - Fibo Golden
Long
by GoldenEngine
3