Nzdcadlong
NZDCAD: Following the DESCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
In the weekly chart the price is following a clear rising wedge pattern, after it broke an historical descending channel in the middle of November 2020.
In the daily chart we can confirm this strong uptrend, in fact the price since the end of March has been moving following and bouncing between the dynamic S/R levels of that pattern.
In the h4 chart, the price got many rejections on the support level at about 0.89850 and on the 15th of December a strong impulse pushed the price up in a clear ascending channel, breaking it for the first time on the 8th of January 2021.
The price is actually following a new downtrend and it's approaching to retest the previous support zone at about 0.91000, creating a possible double bottom pattern.
The next price action around this level will be essential to understand the next market movement.
🔴 Conclusion : ✔️
The price is actually following a clear descending channel and it reached an interesting support zone and at the same time the dynamic support of that channel.
The price is oversold and the RSI is also showing us a nice convergence in an interesting area.
I'm confident to see the price grows until the dynamic resistance of the channel.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
Trade Safe and Responsibly ,
Gianni
NZDCAD added to the watchlist Hey traders, here is the analysis for the NZDCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
NZD/CAD trade ideaIf we can get the retest of the support zone it could be a good chance for us to go long.
Please let me know in the comments what you think of it and feel free to share your idea for this pair.
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If you have any questions feel free to PM me.
NZDCAD - Pullback & ContinuePrice has now broken out of the respected ascending channel, I expect a slight drop for buy orders to get activated, then we can expect some more bullish continuation.
NZD/CAD BUY IDEAHey tradomaniacs,
welcome to a new free trading-setup.
NZD/CAD: Swingtrade-Preparation
Market-Buy: 0,92150
Stop-Loss: 0,91600
Point Of Risk-Reduction: 0,92500
Take-Profit: 0,93325
Stop-Loss: 55 pips
Risk: 0,5% - 1%
Risk-Reward: 2,26
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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NZDCADprice is retesting a recent 4H level and Im waiting for a little more confirmation before Entering in this trade.
NZDCAD - SWING - 04. JANU. 2020Welcome to our weekly trade setup ( NZDCAD )!
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1 HOUR
Bullish reaction and closure above main sr level.
4 HOUR
Strong breakout and pullback afterwards..
DAILY
Overall bullish market structure, good long entries!
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FOREX SWING
BUY NZDCAD
ENTRY LEVEL @ 0.91580
SL @ 0.91150
TP @ 0.92100
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZD/CAD Wave Analysis
The counter is currently in its final stages of the bull cycle.
We expect a three-wave bear cycle to follow it up after the strong run-up.
It is trading around a strong resistance, which could be used to initiate short positions.
NZDCAD - BUY- 28. DEC. 2020Daily Market Trade Ideas Based On Technical Analyzes 📊
⚙️ NEW SETUP NZDCAD
📈 BUY price 0.91295
✔️ TAKE PROFIT price 0.91642
🛑 STOP LOSS price 0.91162
⬇️ Leave comment in comment section bellow
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NZDCAD: Double Bottom PatternHello to all,
NZDCAD setup a double bottom pattern. If we see any breakout about DB neckline we could join long trade.
All levels are on the chart.
Good Luck!
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NZD/CAD LONG OPPORTUNITY!!!Hello everyone,
this is my full analysis for NZD/CAD.
I only take the position after my SWAN strategy rules satisfy me and I suggest you to put this pair on your watch list for possible entries.
tell me your ideas and questions below in the comment section💥🔥💪🏻
NZDCAD uptrend setupprice direction: UPTREND
potential target price: 0.9107
**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
NZDCAD BUY- Recent break of structure forming new higher high
- Inside the 4hour OB
- Will price push back up continuing the recent NZD strength?
NZDCAD BUYThis is NZDCAD 15 minutes timeframe analysis, i'm expecting this pair to go up for 50 PIPs as my final TP.
