NZDCADANALYSIS
NZDCAD, price action explained. Hi Traders,
NZDCAD has been moving within a LTF descending channel which we got a breakout and now forming a correction. This could be an indication price may move higher to the upper boundary of the HTF channel or price could simply fail to push higher and drop down back into this channel.
Watch the price action before finding an entry, make sure follow your trading plan before placing an order.
Good Luck!
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NZD/CAD DAILY SELL SET UPHi TRADERS this is my trade set up for the NZD/CAD
NZD/CAD I am looking for a rejection in order block, I am looking to take a sell only
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
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NZDCAD ShortNZD has been hitting some strength for a little while and is overdue to come down some point in the near future on the momentum meter, meanwhile CAD looks to be wanting to gain some strength. We are looking for a strong confirmation on a daily candlestick and then selling a retracement back to that level after we see that candlestick before taking the trade.
R:R = 1:4:8
GL.
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.
NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Full Analysis For NZD/CAD Pair , Waiting For Closure To Buy It 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
NZDCAD Going LONG?Hi, Let's take a look at NZDCAD.
NC broken Bullish Flag and retested.
Perfect retest is at current support area.
Bearish Flag
3rd encounter at lower TL.
Weekly & Daily closed above
support & TL.
RSI indicating Oversold on D TF.
Bullish Divergence on 4H, D TF.
All indicating Bullish movements.
Another Bullish Flag
NC seems to be holding 0.835
Support Zone.
Monthly candle is closing tomorow.
If it closes above current support
then there's Bullish possibility.
Trading Idea Regarding NZDCADAccording to my analysis this currency pair is going down for the upcoming week
1-Strong Down trend
2-Fallowing key levels repeatedly
Do not get confused by watching dojji canndle to understand the formation of the doji candle take a look at 4 hour chart
as you can see price first make new lower low then retest the key level and start coming down...this move appear as dojji candle on daily chart so don't think it as trend reversal candle
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.
NZDCAD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 0.84200 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
NZDCAD is in Downtrend and It is Expected to Continue Downtrend.
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
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#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❤