NZDCADANALYSIS
NZDCAD [H4] Price is still Swing H/L Sideway 🔥🔥NZDCAD Price is still Swing H/L Sideway, so think when price goes up to test resistance.
will have a comeback Resistance is about 0.886 - 0.888.
When the price touches this zone, it is recommended to sell in that area.
SL above resistance
Goodluck Trader
TonTrader | TamjaiTrader
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NZDCAD Hello Friends, I am looking for great long opportunity in this pair. As price has broken Descending wedge and started bullish corrections in range. I will be looking for structure areas where I will wait for rejections or Will wait for breakout and retest. Range structure levels are both in long favor we just need to see confirmations for good risk to reward ratio.
Wait for confirm and buy signal with NZDCADH1 time frame.
Structure: Break downtrend.
Break Key level and downtrend - retracement.
Wait for retest at Key level 0.88000 and buy signal.
Target is next resistance at 0.88800.
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Wish you all have a good trading day!
NZDCAD TO CONTINUE WITH THE BULLSAs we have seen, price has broken above this key level with bullish pressure.
We also see a break outside the corrective downtrend.
We could see further upside on NZDCAD after a pullback.
We'll be watching for early retracements, pullbacks at key levels, any trend continuation techniques to get us in.
NZDCAD TO KEEP PUSHING LOWER?Since the deep fall from the level of 0.88700, we have seen price continue to create lower lows and lower highs to continue the downtrend.
We just recently broke below a support level at 0.87800. Until we see a break above, we remain bearish and will look for sell opportunities.
If we find a break above then we could switch out bias from bearish to bullish. New targets on this sell would be a new low along the trend.
NZDCAD Sell Zones right now price is in the down trend and we are looking to get in to sell position first zone is our first entry and stoploss of that will be end of the zone if it hits our SL we will open another sell position at next zone with stoploss of 5 pips above the zone and both of the TP would be the zone down below
NZDCAD ANALYSISWe have this pair following our last update and continuing to move down.
We expect a fall to 0.87800 and a bounce from that level to the upside.
If price gets to 0.87800, it would be regarded a higher low on the 4-hour and daily timeframe.
We could see the bounce from there. As for now, we remain patient, riding with the current profit on this pair.
nzdcad sellnzdcad sell :
Reasons :
1)there is a nice pattern trend formed in 1h,4h,1d timeframes
2)a bullish pin candle is formed as marked in the previous days which indicates perfect entry for sell
3)bearish naked candle confirmation in 1h,4h time frames
take profit : green line
stop loss : red line
wait for my confirmation to place trade
Wait for confirm and buy signal with NZDCADH4 time frame.
Structure: Uptrend, Price hit trendline and move up.
Downtrend - retracement has been broken.
Wait for the confirmation and buy signal.
Target is next resistance at 0.89000.
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Wish you all have a good trading day!
NZDCAD LONGAs we can see, the pair is moving in an ascending channel on the H4, and it has bounce from bottom trend line and a minor support Level 0.87413.
We expecting a bullish continuation, this trade is based on Technical analysis.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 14,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share for more useful content:
NZDCAD TO FINALYY CONTINUE ITS UPTREND?After the last impulse move on this pair, we have seen some major pullbacks as though the trend will now continue.
Looking at the current candle formation, price is now bouncing off the daily level and we could see some more upsides.
We're positioning ourselves long with targets at the previous high
NZDCAD Can Go up After the Retracement Before Going Down
Welcome back Traders, Investors, and Community!
Hi Traders, NZDCAD on h1 has been on a downtrend after the Support breakout, it might go up for a pullback before it continues it’s Bearish trend
⬇️Sell now or Sell at 0.8817
⭕️SL @ 0.8837
✅TP1 @ 0.8760
✅TP2 @ 0.8724
✅TP3 @ 0.8678
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day