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Nzdcadlong

NZD / CAD - Forecast (Trade In-Play)Here we have one of my personal trades from last night. We originally had a position but got stopped out on the liquidity spike as you can see. If you don't know what liquidity is, it is basically where the banks can manipulate the price for a split second to stop out everyone and also stop out all the orders people have the for SELL STOP's. The banks can see everybody's orders, S/L's and also T/P locations. This is how the banks earn their money. We did re-enter again straight away and as you can see my thoughts were correct, but the liquidity stopped us out! Sh!t Happens...
Long
by UnknownUnicorn9562757
NZDCAD long trade ideaPlan: wait for the price to bounce off from demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **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 the comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
6
NZDCAD SWING TRADE ( 02.10.2020 )Good day guys.. SWING SETUP- NZDCAD HOUR-01 Price above 50,100,200 EMA Series of HH HL HH patterns Bullish momentum Price above RSI 50 Price above Ichimoku cloud Price above .50 Fibonacci HOUR-4 Price above .50 & .618 Fibonacci Strong rejection around 0.88000 Price above 50,100,200 EMA Ichimoku cloud is turning green DAILY Price above .786 Fibonacci Strong bullish candle Price above 50,100,200 EMA Price above Ichimoku cloud RSI above 50 Upward pressure NZDCAD-SWING TRADE Entry point @ 0.88350 Take profit @ 0.89530 Stop lose @ 0.87900 (Don't risk more than 1% of your capital) Follow our profile to get regular updates & Trade setups Donating via tradingview coins will help us to Make some valuable contents to trading our trading community
Long
by forexorbit
Long Opportunity For NZDCAD... Potential Breakout!!!For now, we can see NZDCAD price level near an area of strong resistance with a 61.8 fib level. As of now, I see a higher potential of this resistance level breaking where we could be seeing price moving towards 0.8940 which is the first level I am looking at. Also, if it breaks this resistance level, we could see a completion of a reverse H&S pattern giving us another BULLISH outlook. Currently, we should be observing for potential breakout of the resistance level before we confirm our position. I see a good BULLISH risk to reward trade if level is broken potentially seeing 1.618 fib level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
NZDCAD sell forecast LONGBased on my novice analysis I am expecting price to possibly push through the s/r zone of .67028. Price is now in a downtrend. I believe the bulls have exhausted and the bears are now coming in. We go with the trend! • stop loss placed at .67413, at the bottom of the most recent consolidation above the sell area •Tp1 is placed at the top of the last most recent zone below •Tp2 is placed at the bottom of the last most recent zone below I will be waiting to see and M form before making an entry. Please feel free to add your perspectives!! Anything helps!
Long
by UnknownUnicorn9913667
1