NZD-CAD Resistance Ahead! Sell!
Hello,Traders!
NZD-CAD has been going up
For a long time now and I think
That the pair is somewhat overbought
So after the retest of the horizontal
Resistance level we are likely to see
A local move down
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
NZDCAD
NZDCAD Another Potential Falling Trade SetupI'd like to shout out Calvin, @akinijoma who has entered a fantastic trade where he can potentially gain 11X more than what he is risking on NZDCAD sell. My prayers is the trade goes your way. It's crossing all T's and dotting all of the I's.
Price is in a downtrend, it's retraced back to your estimation zone(courtesy of TMP strategy) and has trigger your pending sell order.
Stay patient in the trade. You have your stop loss and take profit set. Your risk to reward is very favorable. I'm excited to see how this plays out.
Great setup idea.😁😊😌
For my fellow traders, if you enjoy these setups, likes, comments, and follows are appreciated😀
And DONATIONS through TradingView coins help my cause of increasing the trade ideas put here for free for aspiring traders such as yourself.
You're appreciated,
-Shaquan
NZD/CAD: Sell set-upBulls seems to be exhausted and not pushing higher.
Price is at descending trendline and level of resistance.
RSI on daily is at over bought and at lower TF is showing divergence.
Potential to go all the way to the last swing low as its an expanding triangle pattern, will depend on the bearish strength.
NZDCAD - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are bearish from daily perspective, so I am looking for shorts. I expect price to continue the retracement and then to reject from bearish orderblock + institutional big figure 0.82000.
Like, comment and subscribe to be in touch with my content!
🧨SELL NZDCAD at the best place and get +215 pips profit🔥🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in a 30-minute time frame (NZDCAD_ 30min) 🔍🎁
⚡Considering that the price has managed to break the Up trend line🖤, if the price can reach the intersection point of the Up trend line🖤 (for pullback💜) and the Resistance line🧡 in the 4-hour timeframe, it can first fall to the Support line🧡 and then to the DEMAND zone🔻
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
______📈TRADER STREET📉_________
NZDCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on NZDCAD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance below and then to reject from bullish orderblock.
Like, comment and subscribe to be in touch with my content!
NZDCAD - Potential Bearish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my last NZDCAD idea (attached on the chart), we where looking for buy setups around the blue support. NZDCAD rejected the support and traded higher. NOW WHAT?
on DAILY: Left Chart
NZDCAD is approaching a resistance zone in green so we will be looking for sell setups.
Knowing that NZDCAD can still trade higher inside the zone before going down.
That's why we don't sell blindly, we always zoom in to lower timeframes and wait for the bears to take over.
on H4: Right Chart
NZDCAD formed a trendline in red but it is not ready to go yet.
Trigger => waiting for a momentum candle close below the last low in gray to sell.
Meanwhile, until the sell is activated, NZDCAD can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDCAD - looking for a short .. the week of 31 Oct 2022This pair has been bearish since March, but more recently the bulls have been trying to gain control. The area around 0.7930 has resisted their moves for the past 2 days and IMO evidence of a bearish move in that zone would provide a nice trade opportunity. This may take a while to set up, so I will not be in a hurry, instead will watch price action on lower time frames such as H8, H12 for signs that bears are resuming control.
If this works out as per my expectation, we may have a 3-4R trade.
Always use sound money and risk management and stay patient in all your trades.
If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
NZDCAD - 4hrs ( Buy Trade Target Range 150 PIP ) 💲Pair Name : NZD/CAD
🗨Time Frame : 4hrs
➕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 / Long Side ( after retest )
Type : Mid Term Swing
———————————
Bullish Reversal
0.78850 Area
Reasons
- Major Turn level
- Inner Trend Break
- AB = CD Pattern Reversal
- Visible Range Hvn Break
- Fixed Q / lvn Break
- Prev Day High
- Prev Week low
- innner Head & Shoulder Break
- Head & Shoulder
Bearish Reversal
0.80000 Area
Reasons
- Month / Major level
- Visible Poc Area
- Fixed Poc Area
- Pattern Full Target
- Prev Q / low