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Nzdcadforecast

20 Reasons for short NZDCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Bear 2 📆Monthly: Bear 3 📅Weekly: Bear rejecters' last resistance 4 🕛Daily: Bull but a massive gap down reversal 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bull 6: 2 Pattern Candle Chart: key reversal, gap-down, double top, bull trap, also major tf rejections 7: 3 Volume: dried 8: 4 Momentum UNCONVENTIONAL Rsi: range shift bullish to sideways 9: 5 Volatility measure Bollinger bands: squeeze started 10: 6 Strength ADX: sideways 11: 7 Sentiment ROC: CHF is always stronger then nzd ✔️ Entry Time Frame: h4 12: Entry TF Structure: Bullish wait for confirmation 13: entry move: sideways Narrow 14: Support resistance base: support at h4 OB AND FVG 15: FIB: wait ☑️ final comments: wait till confirmation 16: 💡decision: after confirmation, we go with bears 17: 🚀Entry: 0.5871 18: ✋Stop losel:0.5922 19: 🎯Take profit:0.5645 20: 😊Risk to reward Ratio:1:7 🕛 Excepted Duration:7 days
Short
by Optimum369
20 REASON FOR SHORT NZDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 1 🧐Eagle eye: in 2016, a fake out occurred effect till Date so by this effect, the price made the last 7 years back to back Low, and this year's Low is extreme 2 👌Monthly: Trend is clear Down after filled last move target. Now price is in a corrective phase and tapped the most important FVG resistance level. In my point of view Corrective move is finished now, and another strong impulse move is beginning 3 👌Weekly: also in a bear trend and a solid corrective move induced previous high stack all liquidity and took all previous stop-loss also halt on monthly FVG resistance 4 👌Daily: daily corrective move successfully achieved the target and took a break on monthly and weekly resistance, so we saw a healthy retracement at this level 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish 6: 2 Pattern Candle Chart: long wicks at resistance CIP this level double top 7: 3 Volume: below average right now, a vital reversal sign 8: 4 Momentum UNCONVENTIONAL Rsi: extreme high complete overbought levels 9: 5 Volatility measure Bollinger bands: longest walking on the band highly overbought 10: 6 Strength ADX: divergence at ADX 11: 7 Sentiment ROC: NZD is too much weaker than the CAD ✔️ Entry Time Frame: H4 12: 1 Entry TF Structure: higher low Not confirm YEt 13: 2 entry move: impulse 14: 3 Support resistance base: Monthly Resistance daily resistance H4 Resistance Confluence 15: 4 FIB: trigger event Occurred ☑️ final comments: small sell 1st as a test entry Then add at 3rd low increase your position size 16: 1 decision: sell a test and small size 17: 2 Entry: 0.8345 18: 3 Stop lose: 0.8390 19: 4 Take profit: 0.8065 20:5 Risk to reward Ratio: 1:7 🕛 Excepted Duration: 10 Days
Short
by Optimum369
2
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.
Long
by Vapari_Inc
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....
Short
by Tradelikemee
1