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NZDCADANALYSIS

NZD/CAD Will it make the retracement now?Monthly: In monthly time frame the price is over extended. Also, there is an extended M formation, and the price created an imbalance where I expect to set my take profit to the imbalance area. We could definitely expect a move to the upside. Weekly: The price is overextended so we could definitely expect the correction to the upside. The price is in confluence with the higher time frame. We could definitely expect a move to the upside. Daily: There is an impulse correction pattern. The price is in confluence with the higher time frame. We could definitely expect a move to the upside. All the confluence are in our side. The situation here is clear the movement to the upside is most likely to happen.
Long
by Wiiso
6
NZDCAD Long OpportunityHere is my analysis for NZDCAD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE. 6. CHECK FOR DIVERGENCE.
Long
by bluesignalfx
NZD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/CAD for the new week ahead NZD/CAD nice bullish pin bar on the daily chart, I will be looking for a quick buy trade on this pair, it has been in a long downtrend and is very risky going against the trend so trade carefully so i will be looking for a pullback to order block zone to take a BUY trade This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please follow like and comment thanks
Long
by Costy13
#NZDCAD Falling Wedge Pattern#NZD/CAD Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze #NZD/CAD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My thoughts are for those who are interested in improving their financial education. Thank You❤
by TRADiNG_Club_
NZD/CAD Full breakdown I will be doing a full breakdown from monthly to daily. Also I will be including Fundamentals that will help us out with the direction as well. Monthly: The price is currently rejecting a demand zone which is good because it can be a sign of a rejection to the up-side like it happened in the past. Weekly: The price is clearly over extended. When price is over extended we can expect a correction. If we take the fibonacci to measure the possible correction we can see that the .786 fibonacci level is in confluence with structure. We could expect the price to make a correction and reach the price of 0.88151. Daily: The price is bearish making lower lows and lower highs. We need to wait for the shift of the price to a bullish price. Fundamentals: To see this movement happen the base currency must be stronger than the quote currency for that specific period of time. -If we look at the commitments of traders we have a good confirmation that base currency is currently stronger than quote. In the COT we can see that institutions closed 3,078 long and opened 7,862 shorts of the quote currency( CAD). - Institutions opened 2,630 and also opened 5,939 shorts of the base currency(NZD) -The base currency is stronger than the quote currency. We can definitely expect the movement to the upside. With all the information that I gather we can see that there is a strong possibility for the movement to the upside happen.
Long
by Wiiso
NZDCAD, We are in sell zone areaHello everybody According to the chart you can see after breakwave that we made and the trend that changed to downward and the power of the bullish and correction was became weak its time to take short position until reach to the target . In our way we have another minor resistance that the price can impact to it and after that its ready to break that down and continue the wat toward the target. Dont forget use stop loss and trail your position and manage it Good Luck Abtin
Long
by Abtin00