Nzdcadforecast
NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDCAD: Catch The Ride DownI would expect the price to come back to the equal low liquidity before we see any signs of bulls.
I would want to enter sells on a slight pullback.
If we see a pullback with signs of rejection I will be scaling in sells for a juicy drop to the downside.
Do you agree with me?
NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
NZDCADprice already broke the uptrend channel and already make an retest to, waiting the candle confirmation and we ready for short trade. But price maybe broke the retest and going uptrend. remember always waiting for the breakout + retest + candle confirmation + money management + psychology. GOOD LUCK
NZDCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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.
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!