Nzdcadlong
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. Please also tell us what you would like to see next.
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. We will be posting the written version as well so do keep a lookout for that! Please also tell us what you would like to see next.
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.85820 where it is could reverse down to its support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD long trade ideawait for the price to test the key support level --> BUY ,. please do your own research before placing any buy order. good luck!
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
nzdcad nzdcad on the 1H timeframe . nzdcadis currently at a key level of suppord which as you can see has been tested quite a few times in the past. I am expecting it to go long.
always use proper RISK MANAGEMENT
please comment any questions or thoughts u might have about my analysis or this pair
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.85820 where it could potentially react off and drop down to 1st support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD potential buyIf price fails to break the descending trendline and 50MA will be looking for another buy on this pair.
NZDCAD H1 ANALYSISHello traders, we currently have a long setup for NZDCAD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
NZDCAD IS ABOVE THE MIRROR LEVELNZDCAD IS THE BEST TIME TO GO LONG BECAUSE BROKE THE MIRROR LEVEL AND RETESTED IT IS TIME TO GO LONG
NZD/CAD long setup. 4h chartpotential setup for this week.
im looking for a retest of marked support area for buy orders to the resistance area described on chart.
NZDCAD H4 ANALYSISHello traders, we currently have a long setup for NZDCAD on the H4 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go long. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.
NZDCAD Long PositionAn ascending triangle pattern is developing as the diagonal support is repeatedly tested.
I would expect the uptrend to continue until the horizontal resistance at the 0.854 level is tested (and possibly broken).
Should the resistance be broken, we can expect the uptrend to continue towards the resistance at the previous double-top price level.
Let me know what you think!
NZDCAD--Weekly Market Outlook from 06 to 10 April 2020
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NZD/CAD good profit now!Good tp seen, more than 1000 pips remain. tp is 0.83545
(The market is very turbulent this weeks then get low risk for none us currencies.)
NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.85981 where it could potentially react and bounce to its resistance at 1st resistance at 0.83459.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD long trade ideaPlan : wait for the price to bounce off from support level --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
