NZDCAD REVERSALfor those following me, you would have made
some gains on this one. the reversal has started
as predicted. now lets follow the next set of waves
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PLEASE SEE PREVIOUS CHART BELOW
NZDCADANALYSIS
NZDCAD BUY - watch this spaceNZDCAD UPDATE FOR LONG
the blue bar will be my buy zone. it could extend to around 0.82150. watch out for a flag and buy once it get close/enters the blue zone
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NZDCAD ready to take offNZDCAD is testing its major support on higher time frames, i am expecting a possible strong break of the current structure or a double bottom and then sharp rallies, so either way i am looking for longs on this market. Watch this out!
Trade Safe!
NZD/CAD - ~200 Pips OpoprtunityA reversal from NZD/CAD is expected as it's finding support on top of ema's that acted as resitance up to now.
We can expect it to move back up and hit the 200 ema area *if the 20 ema on the 12 hour holds as support*.
Give it 8 more hours to confirm its strength to reverse.
NZDCAD ANALYSISNZDCAD ANALYSIS
Waiting for Daily Trendline upward break to think LONG
OR
Waiting for H4 Trendline and level 0.9 downward break to think SHORT
Good Luck !
NZDCAD - SHORT - 4 HOURTeacup on the 1 Hour.
Entry: 0.90666
SL: 0.90966 (30 PIPS)
TP 1: 0.90166 (50 PIPS)
Don't know if this will play accordingly due to the fact that my second bearish candle at the start of the cup didn't fall past the first one. Keeping a close eye on this one.
(I'm a student sharing my trade ideas. If anyone has input please share!)
*This is not a signal, nor am I giving financial advice. Trade at your own risk.*
NZDCAD : UNFORGETTABLEHi traders,
NZDCAD has been ranging between 2 big resistance/support lines. I was waiting for this opportunity to enter this one now that it is closing in on the top resistance line. This gives us good RR
Here is what I'm thinking :
NZDCAD SHORT
ENTRY : 0.91542
SL : 0.92229
TP : 0.88594
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
short at 0.9021 for target 0.8920i short bzd cad because i found cad very undervalued
also NZD milk price was down of more 3% since last and new Giv and member on monetary policy is still not clear for futur.
short at 0.9021
target 0.8920
Gain 101 pips
come with 2x 1lot will cut the first at +30-40 pips and make a Sl on a 2nd at +15 for securite 45-55 pips if my plan fail
