Nzdcadlong
*** #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
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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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NZDCAD LONGTERM Projection! SELL FIRST BUY LATER!Technical Analysis
1. LARGE Expanding Megaphone with Flagpole
2. (Current Market is going down after breaking out of a falling wedge pattern.
3. Using trendline to connect 2 touchpoints we find our 3rd touchpoint sitting on Fibonacci Retracement Level of 0.618 (Golden Zone)
4. Fibonacci 0.618 level is also sitting on structure/key level with 2 support. (Horizontal and Trendline this will give us an area of confluence providing us with strength in the support level)
4. Using Fibonacci Expansion, we can find our potential market take profit level which is also the height of the flagpole.
NZDCAD - SWING - 30. MAR. 2021Welcome to our weekly trade setup ( NZDCAD )!
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1 HOUR
Price turnover..
4 HOUR
Very bearish market structure turning right now.
DAILY
Good long entries, price about to rise!
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FOREX SWING
BUY NZDCAD
ENTRY LEVEL @ 0.88130
SL @ 0.87540
TP @ 0.89660
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
NZDCAD facing bearish pressure, potential for further downside!NZDCAD is facing bearish pressure from descending trendline resistance. Prices might face resistance from 1st resistance which coincides with 100% fibonacci extension and 61.8% fibonacci retracement. Prices might push towards 1st support level which coincides with 61.8% fibonacci extension and -68% fibonacci retracement. If prices push past 1st resistance, prices might face resistance from 2nd resistance which coincides with 127.2% fibonacci retracement. EMA is also above prices, showing bearish pressure.