NZDCAD H4we have strong down trend chart
since 23th JAN NZD is going down, we have LL& LH
on the other hand Coronavirus, the worse news economy, PMI
so I am looking for selling opportunity
NZDCADANALYSIS
Historical data favors Long NZDCAD(Prediction 35)(Currently at -85pips)
You have 58.88% chance of earning 20pips and 55.96% chance of losing 20pips within the next 24 hours.
Entry price:0.84771
Take profit: 0.84971
Stop loss: 0.84571
(This applies to timezone UTC+8 18 Feb 2020 8pm to 19 Feb 2020 8pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 34)(Currently at -65pips)
You have 60.00% chance of earning 20pips and 56.48% chance of losing 20pips within the next 24 hours.
Entry price:0.85004
Take profit: 0.85204
Stop loss: 0.84804
(This applies to timezone UTC+8 18 Feb 2020 9am to 19 Feb 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 33)(Currently at -45pips)
You have 58.88% chance of earning 20pips and 54.76% chance of losing 20pips within the next 24 hours.
Entry price:0.85188
Take profit: 0.85388
Stop loss: 0.84988
(This applies to timezone UTC+8 18 Feb 2020 8am to 19 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 32)(Currently at -65pips)
You have 56.31% chance of earning 20pips and 47.22% chance of losing 20pips within the next 24 hours.
Entry price:0.8501
Take profit: 0.8521
Stop loss: 0.8481
(This applies to timezone UTC+8 17 Feb 2020 8pm to 18 Feb 2020 8pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 31)(Currently at -65pips)
You have 58.76% chance of earning 20pips and 50.00% chance of losing 20pips within the next 24 hours.
Entry price:0.85212
Take profit: 0.85012
Stop loss: 0.85412
(This applies to timezone UTC+8 17 Feb 2020 11am to 18 Feb 2020 11am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 30)(Currently at -65pips)
You have 55.12% chance of earning 20pips and 52.78% chance of losing 20pips within the next 24 hours.
Entry price:0.85403
Take profit: 0.85203
Stop loss: 0.85603
(This applies to timezone UTC+8 17 Feb 2020 8am to 18 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 29)(Currently at -65pips)
You have 60.87% chance of earning 20pips and 60.40% chance of losing 20pips within the next 22 hours.
Entry price:0.8548
Take profit: 0.8528
Stop loss: 0.8568
(This applies to timezone UTC+8 14 Feb 2020 8am to 15 Feb 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 28)(Currently at -45pips)
You have 64.29% chance of earning 20pips and 55.75% chance of losing 20pips within the next 24 hours.
Entry price:0.85608
Take profit: 0.85808
Stop loss: 0.85408
(This applies to timezone UTC+8 13 Feb 2020 5pm to 14 Feb 2020 5pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD approaching support, potential for a bounce!
NZDCAD is expected to drop to 1st support at 0.85166 where it could potentially react off and up to 1st resistance at 0.85343.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Historical data favors Long NZDCAD(Prediction 27)(Currently at -65pips)
You have 66.67% chance of earning 20pips and 54.39% chance of losing 20pips within the next 24 hours.
Entry price:0.85434
Take profit: 0.85634
Stop loss: 0.85234
(This applies to timezone UTC+8 13 Feb 2020 8am to 14 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 26)(Currently at -45pips)
You have 65.42% chance of earning 20pips and 58.82% chance of losing 20pips within the next 24 hours.
Entry price:0.85998
Take profit: 0.86198
Stop loss: 0.85798
(This applies to timezone UTC+8 12 Feb 2020 8pm to 13 Feb 2020 8pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 25)(Currently at -65pips)
You have 67.86% chance of earning 20pips and 54.55% chance of losing 20pips within the next 24 hours.
Entry price:0.85772
Take profit: 0.85972
Stop loss: 0.85572
(This applies to timezone UTC+8 12 Feb 2020 12pm to 13 Feb 2020 12pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 24)(Currently at -65pips)
You have 65.81% chance of earning 20pips and 55.79% chance of losing 20pips within the next 24 hours.
Entry price:0.85107
Take profit: 0.85307
Stop loss: 0.84907
(This applies to timezone UTC+8 12 Feb 2020 8am to 13 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD SHORTNZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest.
However, we need to wait for further rejection of this zone, so multiple 4hr candle closures forming a spinning top or doji candle (like in the blue circle shown above). If this does become into fruition I will be taking shorts down to the -61.8% Fib level, taking partial profits at the 0% and the -20% to secure some profits.
185 PIP gain 4.5/1 RR
LIKE AND FOLLOW FOR MORE !!
Historical data favors Long NZDCAD(Prediction 23)(Currently at -85pips)
You have 59.43% chance of earning 20pips and 55.20% chance of losing 20pips within the next 24 hours.
Entry price:0.85045
Take profit: 0.85245
Stop loss: 0.84845
(This applies to timezone UTC+8 11 Feb 2020 8am to 12 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 22)(Currently at -75pips)
You have 72.62% chance of earning 20pips and 43.69% chance of losing 20pips within the next 24 hours.
Entry price:0.85142
Take profit: 0.85342
Stop loss: 0.84942
(This applies to timezone UTC+8 10 Feb 2020 8am to 11 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Trading Pathways Analysis of NZDCAD H4 Chart
The outlined white arrow pathway is the predicted pathway that the NZDCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDCAD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
Historical data favors Long NZDCAD(Prediction 21)(Currently at -55pips)
You have 64.29% chance of earning 20pips and 60.68% chance of losing 20pips within the next 21 hours.
Entry price:0.85731
Take profit: 0.85931
Stop loss: 0.85531
(This applies to timezone UTC+8 7 Feb 2020 9am to 8 Feb 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 20)(Currently at -35pips)
You have 55.66% chance of earning 20pips and 47.62% chance of losing 20pips within the next 24 hours.
Entry price:0.8590
Take profit: 0.8610
Stop loss: 0.8570
(This applies to timezone UTC+8 6 Feb 2020 3pm to 7 Feb 2020 3pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 19)(Currently at -15pips)
You have 66.37% chance of earning 20pips and 58.41% chance of losing 20pips within the next 24 hours.
Entry price:0.86161
Take profit: 0.86361
Stop loss: 0.85961
(This applies to timezone UTC+8 5 Feb 2020 9am to 6 Feb 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 18)(Currently at +5pips)
You have 64.49% chance of earning 20pips and 53.92% chance of losing 20pips within the next 24 hours.
Entry price:0.85828
Take profit: 0.85628
Stop loss: 0.86028
(This applies to timezone UTC+8 4 Feb 2020 10pm to 5 Feb 2020 10pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 17)(Currently at +5pips)
You have 55.66% chance of earning 20pips and 49.56% chance of losing 20pips within the next 24 hours.
Entry price:0.8576
Take profit: 0.8596
Stop loss: 0.8556
(This applies to timezone UTC+8 4 Feb 2020 9am to 5 Feb 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
