Jamie Gun2Head - Buying NZDCADTrade Idea: Buy NZDCAD
Reasoning: Same as yesterday - looking for a short term move upward
Entry Level: 0.8112
Take Profit Level: 0.8333
Stop Loss: 0.8069
Risk/Reward: 5:14
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Nzdcadlong
NZD/CAD Full Analysis , 2 Long Setups To Get 300 Pips At Least !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Fri 20th May 2022 NZD/CAD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Buy. Slightly different as the previous Buy signal has remained valid (no red QMP Filter dot) so therefore a trend line was drawn across the highs, and when that was broken cleanly, a 2nd Buy trade has been taken. Enjoy the day all. Cheers. Jim
NZD/CAD At Very Strong Supp After Long Trip To Downside , Long ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
⭕️BUY NZDCAD ; Buy according to channel❗️❗️🔰You see the analysis of the New Zealand Dollar against the Canadian dollar in 1 hour ( NZDCAD , 1H) ❗️🔎
🔰BUY Limit NZDCAD at 85.650
✅TP ; 86.300
❌SL ; 85.350
🔰As is evident from the analysis, the price is located in a bearish channel, due to the confluence of the lower channel line (white line) and the demand range (purple range) around the price of 85.650 purchases in this region can seem low risk (although due to the strong downtrend that the pair has gone through over the past hours, there is also the possibility of breaking the down channel)❗️❗️
The target is also located at the cross of the downtrend line (white dotted point) and resistance line range (orange line). 👌
⚠️⚠️Please observe capital management and open a low volume transaction❗️❗️
I hope this analysis is useful for you🙏🏻🌹
📌Please introduce the "TRADER STREET" to your friends 🙏🏻
_______________________📈TRADER STREET📉________________________
NZDCAD | ASCENDING TRIANGLENZDCAD has been trading in ascending triangle for more than 2 weeks. Recently price has taken the support from rising trendline and heading towards sellers zone again.
We remain watchful on the sellers zone, where two break above or below is possible.
Trade your levels accordingly
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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX