Nzdcadforecast
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.
NZD CAD - Breakout triangle continuation , let's go up!Let's see NZD CAD , thought 0.91500 might act as strong support and let start a retracement but 3 minutes ago , 4h candle close above the previous high , so i'm looking for some long position . Would wait for a retest of the resistance with a SL below the candle. First target might be around 0.92500 , old support zone that this time could act as resistance.
That's just my analysis , my opinion , you don't have to take this post as a financial advice. Remember to always protect your capital.
Have a nice day traders , remember that this week will be a high risk week because of the meeting will occur this week.
NZDCAD - bearish trend beginsLet's the party begin.. if you are noob please don't get scared if pullback happens before continuation of the trend..the white lines are daily charts support and resistance. SL is from daily resistance...
move trail your stop 40-50 PIPS..
PS: my favorite bearish divergence .. i missed the entry earlier on this but will be adding position at pullback...
Please hit "LIKE" to support & follow for more ideas.
Vinny