ANALYSIS ON NZDCADANALYSIS ON NZDCAD
Welcome to my analysis
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2HR CHart
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Interesting Point of interest In the NZDCAD pair.
- Price above 100/200 day EMA.
- sell at top 0.85000 zone.
- Expecting more downward momentum. Price could move to around 0.85400 before the fall
- Watch 0.84400 for take profit.
- MACD showing bearish divergence
Stay Tuned
Nzdcadbreakout
NZDCAD - BULLS TO CONTINUE PUSH UPANALYSIS ON NZDCAD
Welcome to my analysis
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30Min CHart
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Interesting Point of interest In the NZDCAD pair.
- Price flirting with the 200 day EMA.
- Buy reversal.
- Expecting more Upward momentum.
- Watch 0.84500 for take profit or around 0.84800.
- MACD showing bullish divergence
Stay Tuned
NZDCAD Breaks Out From Wedge And Past Highs NZDCAD weekly Time frame is at a major support, the Daily Time Frame formed a wedge pattern and now the market broke out of it with a full body candle, and the last candle toke out already some more highs, I believe this has a lot of potentials to go Bullish,
I see there is a past support to become future resistance in around 150 pips (see the green dotted line)
I will probably be taking profit at that area unless I see the market is still going strong with full body candles I might take it to the down trend line.
Reason For Entry:
1)Weekly Strong Resistance
2)Daily Wedge Breakout With Full Body Close
3) Market Already Making Higher Highs
NZDCAD - Dont Miss BuyANALYSIS ON NZDCAD.
Welcome to my analysis
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1 Hour CHart
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Interesting Point of interest In the NZDCAD pair.
- Price below the 200 day EMA.
- Watch bottom for Buy.
- Expecting more Upward momentum.
- Watch 0.82600 area fr buy signal.
- MACD showing bullish divergence
Stay Tuned
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.841 where it could potentially drop further to 0.838.
*Disclaimer.*
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NZDCAD, GIVE THE BULLS SOME SPACE!Hello Traders,
After that massive impulse in the 27th of March we have been looking for the perfect opportunity for a long position, however, our support levels didn't match, until now.
What we are looking for here is an H4 rejection in one of our support levels.
Give this trade some room because it can take a little bit to reverse, we can still see a move to our major support level, you can look for reversals in 1H and 15M in order to get a better entry, but remember, the lower the timeframe, the riskier it is!
Best of Lucks,
GlobalYouthTrading
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