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
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NZDCADANALYSIS
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)
Historical data favors Long NZDCAD(Prediction 16)(Currently at -15pips)
You have 65.79% chance of earning 20pips and 45.97% chance of losing 20pips within the next 24 hours.
Entry price:0.85551
Take profit: 0.85751
Stop loss: 0.85351
(This applies to timezone UTC+8 3 Feb 2020 7am to 4 Feb 2020 7am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD W5 JAN 2020As analysed on the last trading week. NZDCAD is printing this bearish chart pattern, some would say Head and Shoulder. The price clearly broke the ascending trend and is consolidating for almost 2 weeks now. Its price now is at 0.86831 which is also the 61.8% fib retracement level. Anything closes above 0.88044, this short setup will be invalid
Historical data favors Long NZDCAD(Prediction 15)(Currently at -10pips)
You have 63.27% chance of earning 20pips and 55.00% chance of losing 20pips within the next 20 hours.
Entry price:0.85598
Take profit: 0.85798
Stop loss: 0.85398
(This applies to timezone UTC+8 31 Jan 2020 10am to 1 Feb 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 14)(Currently at +10pips)
You have 70.00% chance of earning 20pips and 30.17% chance of losing 20pips within the next 12 hours.
Entry price:0.8585
Take profit: 0.8605
Stop loss: 0.8565
(This applies to timezone UTC+8 30 Jan 2020 9pm to 31 Jan 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 13)(Currently at +30pips)
You have 68.89% chance of earning 20pips and 48.39% chance of losing 20pips within the next 24 hours.
Entry price:0.86098
Take profit: 0.86298
Stop loss: 0.85898
(This applies to timezone UTC+8 30 Jan 2020 7am to 31 Jan 2020 7am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 12)(Currently at +10pips)
You have 65.45% chance of earning 20pips and 58.56% 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 29 Jan 2020 7pm to 30 Jan 2020 7pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 11)(Currently at +30pips)
You have 63.27% chance of earning 20pips and 61.62% chance of losing 20pips within the next 24 hours.
Entry price:0.8606
Take profit: 0.8626
Stop loss: 0.8586
(This applies to timezone UTC+8 29 Jan 2020 9am to 30 Jan 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 10)(Currently at +10pips)
You have 66.36% chance of earning 20pips and 52.43% chance of losing 20pips within the next 24 hours.
Entry price:0.86212
Take profit: 0.86012
Stop loss: 0.86412
(This applies to timezone UTC+8 28 Jan 2020 4pm to 29 Jan 2020 4pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 9)(Currently at -10pips)
You have 56.60% chance of earning 20pips and 53.41% chance of losing 20pips within the next 24 hours.
Entry price:0.86345
Take profit: 0.86145
Stop loss: 0.86545
(This applies to timezone UTC+8 28 Jan 2020 8am to 29 Jan 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 8)(Currently at +10pips)
You have 71.95% chance of earning 20pips and 43.56% chance of losing 20pips within the next 24 hours.
Entry price:0.86486
Take profit: 0.86686
Stop loss: 0.86286
(This applies to timezone UTC+8 27 Jan 2020 8am to 28 Jan 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 7)(Currently at +30pips)
You have 61.95% chance of earning 20pips and 61.00% chance of losing 20pips within the next 22 hours.
Entry price:0.8686
Take profit: 0.8706
Stop loss: 0.8666
(This applies to timezone UTC+8 24 Jan 2020 8am to 25 Jan 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 6)(Currently at +10pips)
You have 61.47% chance of earning 20pips and 57.55% chance of losing 20pips within the next 24 hours.
Entry price:0.86916
Take profit: 0.86716
Stop loss: 0.87116
(This applies to timezone UTC+8 23 Jan 2020 9pm to 24 Jan 2020 9pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 5)(Currently at +30pips)
You have 65.31% chance of earning 20pips and 51.79% chance of losing 20pips within the next 24 hours.
Entry price:0.8670
Take profit: 0.8650
Stop loss: 0.8690
(This applies to timezone UTC+8 23 Jan 2020 8am to 24 Jan 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)