Jamie Gun2Head - Buying NZDCADTrade Idea: Buy NZDCAD
Reasoning: Same as yesterday - looking for a short term move upward
Entry Level: 0.8112
Take Profit Level: 0.8333
Stop Loss: 0.8069
Risk/Reward: 5:14
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NZDCADANALYSIS
NZD/CAD Full Analysis , 2 Long Setups To Get 300 Pips At Least !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD At Very Strong Supp After Long Trip To Downside , Long ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CAD New Short Setup After Our Res Retest To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Short NZDCAD for the week of 11/04/22 The recent bullish move met with some solid resistance in the 0.8760 region and formed support at 0.8625. Price was stuck in this range for about 3 weeks, but has now broken convincingly below it (on Fri). Most of the price action is below the 200dma and I believe that the bearish trend is ready to resume.
A pullback to 0.8625 would be ideal as it gives us the possibility to have a reasonable stop loss while targeting the next support in the 0.8340 area. We have a 2.6R – 3R trade possibility that is line with the major trend.
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NZDCAD | ASCENDING TRIANGLENZDCAD has been trading in ascending triangle for more than 2 weeks. Recently price has taken the support from rising trendline and heading towards sellers zone again.
We remain watchful on the sellers zone, where two break above or below is possible.
Trade your levels accordingly
NZDCAD potentially continue its bullish movementcurrently, we are seeing the price trapped inside the falling wedge pattern and potentially move to the 0.88830 resistance level as the price target. I will wait for the price to break out of the resistance structure before placing any buy order. good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX