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Nzdcadlong

💵NZDCAD: Potential LongHi Everyone! Hope everyone is having a fantastic Friday. We are currently looking at a potential long setup on the NZDCAD @ the to 0.86900 0.86300 zone. As you can see we have been getting Higher Highs and Higher lows, indicating a confirmed uptrend. So until the trend shows other wise we are looking for price to reject at its current zone and push down to our support zone at 0.86900 - 0.86300 Does this mean it will be a definite long opportunity? No. The reason we say so is that we have to wait for confirmation of a valid setup increasing the odds of trend continuation. Let us know your thoughts on the pair. Happy Trading, Wolf pack Team.
Long
by Wolfpack_Traders
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!
by ktlfx
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.
Long
by Wiiso
6
NZDCAD Long positionAs you can see, after dumping to 0.835xx, NZDCAD has some signal let us know the momentum selling is decrease. The market structure is changing from down to up with the small-signal in 1H timeframe with High - Higher and Low-Higher Low. Because we just found this structure in 1H time frame, that's why I think we need more time and more confirmation in a higher timeframe like 4H, 1D. So the safety strategy right here is intraday set up with a long position. The trading range may be in 0.835xx - 0.846xx. Good Luck
Long
by yinfire
NZDCAD Long OpportunityHere is my analysis for NZDCAD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL TREND? 3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)? 5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE. 6. CHECK FOR DIVERGENCE.
Long
by bluesignalfx
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
Long
by Costy13