💡Don't miss the great buy opportunity in NZDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8687).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.8736
TP2= @ 0.8769
TP3= @ 0.8797
TP4= @ 0.8816
TP5= @ 0.8851
SL= Break below S2
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Nzdcadlong
NZD/CAD Potential Upward Movement 🚀 Technical Analysis:
The price is trading above a strong support where it posted a bullish head and shoulders. This move could lead to a reversal and a move upward toward the mentioned target profit which is around the 0.8748 USD mark.
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Trade Idea:
Buy Limit Order @ 0.8713
Take Profit @ 0.8748
Stop Loss @ 0.8702
Trade Safely 🙂
*** #NZDCAD ** BULLISH OPPORTUNITY ? Hello Traders,
It's been quite the year thus far for 2021 with hope of us coming out of the pandemic
eventually and seeing more normal moves in the market. Last week was quite a bit
of market chop with the news and politics and market rate decisions.
We've identified NZD gaining strength in other pairs and now that has moved over to
NZDCAD. OANDA:NZDCAD
Good Risk to Reward with this setup with Stops around .86400 price mark.
As always, trade only what you are willing to lose!
The Trading Regime
NZDCADHello Guys Welcome back to another profit week
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDCAD stuck in the support zone, I think there will be a buy entry for long , lets watch together
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
NZDCAD: long opportunity on 4hHi Traders,
This is my view on this pair for the next few days.
#NZDCAD
Wait for the liquidity to be taken beyond 0.8700 area to go long
BUY 0.875
SL 0.8632
TP 0.9149
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
Update on Long NZDCADPrice pulled back and tested the break of structure, which correlated with the neckline of the double bottom, and the 61.98 fib level (if you drew a fib from the new low to the new high on the 4hr timeframe.)
I am expecting price to to ultimately test the previous higher low, which also correlates with the daily resistance and the 61.8 fib level.
Take a look at the original analysis
NZDCAD looking bullish
Trading in a rising channel, the price is currently trading above the key level. Waiting for the candle to close for bullish confirmation.
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