NZDCAD potentially continue its bullish movementcurrently, we are seeing the price trapped inside the falling wedge pattern and potentially move to the 0.88830 resistance level as the price target. I will wait for the price to break out of the resistance structure before placing any buy order. good luck traders!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Nzdcadforecast
NZDCAD LONG - Buy Entry - D1 ChartNZDCAD LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: NZDCAD
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 0.87773
TP - MN - Resistance @ 0.89916
PP Y1 - Pivot Point Yearly @ 0.8842
D1 & W1 Support @ 0.87069
Support @ 0.86031
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NZDCAD, price action explained. Hi Traders,
NZDCAD has been moving within a LTF descending channel which we got a breakout and now forming a correction. This could be an indication price may move higher to the upper boundary of the HTF channel or price could simply fail to push higher and drop down back into this channel.
Watch the price action before finding an entry, make sure follow your trading plan before placing an order.
Good Luck!
Click the like button if you agree with this idea. Comment below and share your view on this pair!
NZD/CAD DAILY SELL SET UPHi TRADERS this is my trade set up for the NZD/CAD
NZD/CAD I am looking for a rejection in order block, I am looking to take a sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
NZD/CAD Will it make the retracement now?Monthly:
In monthly time frame the price is over extended. Also, there is an extended M formation, and the price created an imbalance where I expect to set my take profit to the imbalance area. We could definitely expect a move to the upside.
Weekly: The price is overextended so we could definitely expect the correction to the upside. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
Daily: There is an impulse correction pattern. The price is in confluence with the higher time frame. We could definitely expect a move to the upside.
All the confluence are in our side. The situation here is clear the movement to the upside is most likely to happen.
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.
NZDCAD Going LONG?Hi, Let's take a look at NZDCAD.
NC broken Bullish Flag and retested.
Perfect retest is at current support area.
Bearish Flag
3rd encounter at lower TL.
Weekly & Daily closed above
support & TL.
RSI indicating Oversold on D TF.
Bullish Divergence on 4H, D TF.
All indicating Bullish movements.
Another Bullish Flag
NC seems to be holding 0.835
Support Zone.
Monthly candle is closing tomorow.
If it closes above current support
then there's Bullish possibility.
Trading Idea Regarding NZDCADAccording to my analysis this currency pair is going down for the upcoming week
1-Strong Down trend
2-Fallowing key levels repeatedly
Do not get confused by watching dojji canndle to understand the formation of the doji candle take a look at 4 hour chart
as you can see price first make new lower low then retest the key level and start coming down...this move appear as dojji candle on daily chart so don't think it as trend reversal candle
NZD/CAD 4HR BUY SET UPHi TRADERS this is my trade set up for the NZD/CAD for the new week ahead
NZD/CAD nice bullish pin bar on the daily chart, I will be looking for a quick buy trade on this pair, it has been in a long downtrend and is very risky going against the trend so trade carefully
so i will be looking for a pullback to order block zone to take a BUY trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please follow like and comment thanks