NZDCAD and AUDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find a significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Nzdcadforecast
NZDCAD LongThe price is following a falling flag/ channel according to higher timeframes (Weekly), it has reached the lowest trendline of the channel. It has broken out thus forming a bear trap.
According to the lower timeframe (1H, 15 minutes), an ascending triangle is formed which might be a big indicator of a bullish trend.
Let us wait for the price to break out of the resistance zone formed and now look at the long term strategy of the price.
Entry @ 0.787 Target @ 0.796, SL @ 0.784
R:R 1 : 3
Remember, risk 1 - 2 % of the account.
AUDCAD and 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.
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NZDCAD SETUPThe Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
NZDCAD possible sell zone!!NZDCAD (4H) has failed to create a lower low, instead has created a higher low in a downtrend. As the daily market is over-extended to the downside, the price is likely to go for a retracement to the upside. The most important area of value is 38.2% fib on daily and 20EMA could be an important area of value to sell.
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⁉️ NZDCAD - Market AnalysisHello traders!
⁉️This is my analysis on NZDCAD .
Here we are in a bearish market structure, so I am looking only for shorts. I expect bearish price action from here as price rejected from bearish orderblock + mid figure 0.82500. My target is that huge imbalance below that has to be filled.
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DeGRAM | NZDCAD bearish opportunityNZDCAD is creating an ascending channel while approaching a resistance zone.
Price is decelerating in that zone that indicates bears are running out of steam.
We might see a sell off.
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Nzdcad Falling wedgeHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:NZDCAD
We can see market is strugling near its previous support and currently standing near. Its a strong support in D1.
So we are expecting more fall near Trendline,Then we can expect a strong bull run after the formation of Falling wedge
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Nzdcad longsPrice has been in a downtrend so trade cautiously.
Bulls have once again regained a vantage position above the trend line on the 4H.
A confluence support (blue) of the trend line and 0.82000 psychological level is highly likely to resist further downside.
A break & retest of the 1H triangle consolidation gives added weight to bullish pressure.
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