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Nzdcadforecast

NZDCAD - Bearish price action ✅Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here I am bearish as we can see that price filled perfectly the imbalance and mitigated bearish order block, as well on MACD we have a normal divergence which indicates bearish price action. Fundamental analysis: Tomorrow we have news event on CAD. It will be released monthly CPI, which was forecasted to remain the same. This news could support our move. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
NZDCAD BUYLooking At my analysis on NZDCAD it’s very clear at this point what the Market is saying due to pure price action, so we would be buying immediately we get a retest, we broke a beautiful Trend line so at this point we patiently wait for the proper confirmation before we make our buy moves pips target is actually about 240 pips plus, remember always apply proper risk management. This trade is actually a 100% buy due to the trading confluence. Drop a Comment and also if you want more analysis please like and follow me for more thanks.
Long
by GoCrazyfx0
2
NZDCAD SELLThis is a beautiful analysis that would 100% plays out just the way you are seeing it on you screen, so basically we are looking to sell NZDCAD for about 200 pips plus, all we need to do is to patiently wait for price confirmation remember that trading is not prediction but price reaction. More looking at this analysis you would 100% know what it says educationally a nice Trend line breakout we are waiting for price to retrace back to our sell zone then waiting for candle sticks pattern to form before taking this trade. drop a Comment on what you think about this analysis
Short
by GoCrazyfx0
2
NZDCADAfter completing the pattern of class A harmonic in the wedge range and after climbing up to the range of 0.84171 and 70.7CD from the last log of the pattern. Now, we can expect a reduction of up to 2 important static ranges at the intersection with the pivot points at 0.84066 and 0.83910. The range of 0.84066 is very important and actually a confirmation for the next target. Between the C peak of the pattern 0.84345 and the current peak, we also see a negative divergence, which requires a break of the 0.84066 range to be confirmed. The range between two specified targets also has a resistance property
Short
by maryammh
NZDCADCurrently, the best strategy is to follow the fluctuations inside the channelized space. The movements were very harmonic and accurate. In its first move, it completed ABCD. Then, in response to the bottom of the channel and the formation of a positive divergence, growth can be expected. 2 Expected ranges can be predicted based on the pivot point in the ranges of 0.84935 and 0.85409 until reaching the static range. After that, the reaction should be checked to continue. In general, the goal of ascending and completing a reciprocal pattern is not far from expected.
by maryammh
NZDCAD - SHORT - SWING FORECASTWill be looking at short positions for this pair for the following reasons. It is approaching a point of Major resistance . It is sooo far above the Hull 250 EMA that it has to retrace (to get back to equilibrium) most likely to the previous major support level before retesting the resistance level again. This is a long-term swing for me looking forward at least 6-8 months. Once it reaches the major resistance zone, I would start looking for short positions. I would need to zoom in to get a better entry point, once price approached the major resistance zone. **This is just my trading thought process and does not constitute as financial advice. **Trading with proper risk management
Short
by MOGBEBOR