NZDCAD ON A BEARISH TONE
Trading below the strong level, the pair is failing to break it through, opening potential short opportunities keeping the pair trading in a range.
Closing hourly candle in few minute could give further confirmation on bias.
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Nzdcadforecast
NZDCAD looking bullish
Trading in a rising channel, the price is currently trading above the key level. Waiting for the candle to close for bullish confirmation.
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NZDCAD LONGTERM Projection! SELL FIRST BUY LATER!Technical Analysis
1. LARGE Expanding Megaphone with Flagpole
2. (Current Market is going down after breaking out of a falling wedge pattern.
3. Using trendline to connect 2 touchpoints we find our 3rd touchpoint sitting on Fibonacci Retracement Level of 0.618 (Golden Zone)
4. Fibonacci 0.618 level is also sitting on structure/key level with 2 support. (Horizontal and Trendline this will give us an area of confluence providing us with strength in the support level)
4. Using Fibonacci Expansion, we can find our potential market take profit level which is also the height of the flagpole.
NZDCAD short from 0.8925Hi Traders,
This is my view on this cross for the next few days.
#NZDCAD
SELL 0.89250
SL 0.9006
TP 0.8757
FIRST, WAIT FOR THE PRICE TO RETEST THE STRUCTURE
TAKE A LOOK TO MY MULTI-TIME FRAME ANALYSIS IN THE COMMENT SECTION BELOW
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Trading Kitchen
NZDCAD: my multi-time frame analysisHi Traders,
This is my view on this cross for the next few days.
#NZDCAD
SELL 0.89250
SL 0.9006
TP 0.8757
FIRST, WAIT FOR THE PRICE TO RETEST THE STRUCTURE
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
NZDCAD under seller pressure
The pair has recently managed to close below the support level, potentially opening short opportunities. Waiting for an hourly candle to complete for bearish confirmation
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NZDCAD Could Push Higher!Hello Fellow Traders, Here is a Full Updated Analysis on NZDCAD.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education
NZDCAD – Bearish momentum on the runNZDCAD price has been rejected from top of structure that I’have marked in my previous analysis. Now, it seems to continue its bearish momentum until recently.
Now, I want to see NZDCAD start to form a bearish continuation structure to confirm the further move to the downside. A break of any bearish continuation structure (At leash H1 TF or above) will trigger my additional short entry with sl above the continuation structure.
My first target is around 0.88800 area which is the bottom of big ascending structure. If the price can break that area, than we will have a larger profit zone. My second target is around 0.86300 area with final up to 0.82000 area in the long term.
For now, lets see how will the price develop. Good Luck.
NZDCAD - Long on the Lower TimeframesWe're breaking out of a resistant trend line. We formed some bullish structure over the last couple hours upon testing a resistance level that we've since broken through. I think we have a clear path to move higher for the rest of the day and into tomorrow towards the 0.91 mark.
NZDCAD: my multi-time frame analysisHi Traders,
This is my view on this cross for the next few days.
#NZDCAD
SELL 0.915
SL 0.922
TP 0.899
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Trading Kitchen
NZDCAD – Still waiting for the completion BIG ascending structurUpdate from my previous forecast that I post on Feb 7th on this pair. The price move slowly the past 2 weeks and still havent come meet my entry criteria. I have evolve my trendline a bit to adjust with recent price action.
I still think this pair will make one last push to the upside and waiting for now until the price to finish its 3rd touch to complete its ascending structure, or at least until the double top area at 0.92800 area. Once the price has reach the area, I will wait for a clearly visible impulsive rejection from that area. Any break of bearish continuation pattern in lower TF will confirm the bearish move that I certainly will make sure to take advantage of.
For now, let’s see how will this pair develop, good luck..
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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NZD/CAD Looking very bearishHi Traders
NZD/CAD Signal (Daily Timeframe)
A high probability, entry to go SHORT is forming @ 0.90366 after the market found resistance @ 0.92347. Only the upward break of 0.92347 would cancel this bearish scenario.
Trade details:
Entry: 0.90366
Stop loss: 0.92347
Take profit1: 0.89197
Take profit 2: 0.87216
Take profit 3: 0.83987
Score: 7
Strategy: Bearish Trend Reversal