NZDCADANALYSIS
NZD/CAD Multi-Timeframe analysis - update !!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDCAD BUY TRADE IDEA - BREAK OF STRUCTURE & WEEKLY ICIHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/
Monthly, Weekly, & Daily is bullish. We go on the weekly where we can see that we have an ICI to the upside and a major support structure where the market has tested it multiple times before, we are expecting it to retest the support before it continues to the upside. Dropping on the 4H time frame, we are waiting for the MACD to be above the 0 and EMAs are already cut for long, our entry is at the structure and stop loss is below structure and last low, our take profit is at the impulse of the weekly.
Trade Signals
BUY
Entry: 0.88063
Take Profit: 0.90044
Stop Loss: 0.87416
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NZD/CAD:DOWNTREND | TECHNICAL ANALYSIS | PRICE WILL GO DOWN ?NZ unemployment in the three months to the end of September has slumped to 3.4 per cent, Stats NZ has reported. This date will let's grow the price ?
We think in Downtrend continuation....
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Wait for a sell signal with NZDCADH1 time frame.
Structure: The uptrend was broken at Key level 0.88000.
The price is forming a retracement confirming the downtrend.
Wait for the downtrend to complete and a bearish pattern to appear, then you can find a selling opportunity.
Profit target is 0.86000 price zone.
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Wish you all have a good trading day!
NzdCad can reach 0.9After finding strong support in 0.8620 zone, NzdCad reversed and made a first leg up to 0.9 figure.
Now the pair is correcting this move and this can be a good chance for bulls to get onboard
0.8780-0.88 zone is strong support at this moment and dips to that zone should be bought for a new rally to 0.9 zone
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.
New Zealand / Canadian Doller 1D Short to Long Idea 1. We see a number of SUPPLY ZONES
2. The pair looks to be bearish long term, however, we look to short the pair and further long until SUPPLY ZONE and short again
3. This setup might be affected by NEWS resulting in spikes it needs proper risk management, better when scalping for better profits.
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.
NZD/CHF: PRICE ACTION | FIBO ANALYSIS | SHORT SETUP 🔔Welcome back Traders, Investors, and Community!
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Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
NZDCAD Multi-Timeframe Analysis!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Waiting for a pullback to go long NZDCAD 18 Oct, 2021When this market is trending, the relationship it has to the 20EMA is consistently good. The EMA holds the price down when bearish and provides support when bullish. When price touches the EMA it has been a good location to take a trade in line with the trend.
We seem to be at the start of a new bullish move and if this holds true, taking a buy at the next pullback could be a good trade with a large potential R/R. The support around 0.8630 has held since mid Aug. and I expect it to hold again. However, nothing is 100% in trading and what was true in the past may not be true now. Place a stop loss on the other side of the 20EMA but give it some breathing space.
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NZDCAD Short EntryNZDCAD Major trend is SELL but minor trend(4H) was buy. Minor trend support line broken and retested. So we think NZDCAD will follow the market structure and going down movement.
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