NZDCAD - PredictionThat is my view of the continued movement of this currency pair. Descending triangle pattern formed since 3 years ago, which was preceded by an upward trend. All I know is that this is a sign of a reversal because the trend that started it was the uptrend.
At the moment the price seems to be going to the trend channel (trendline of descending triangle), so that when the price has reached it, a bearish gartley pattern will be formed, which indicates a reversal of direction. I predict the price will go to the point of the trendline because of a doji candle with very long lower shadow.
The assumption of this reversal is quite strong because of the descending triangle and bearish gartley patterns, with a note if the price reaches the trend line. The real reversal of the descending triangle pattern is when the support line below is broken.
Nzdcadlong
NZD/CAD Strong Bullish Momentum (Elite Trading System)We are looking for long entry above the sellers territory, every retracement would be a great opportunity for long entry.
You have more chances to succeed if you go with a trend and support from impulsive moves.
Keep it simple and use risk management!
NZDCAD: LongIDENTIFY: Price is in the buyer's territory and potential break of the descending channel.
PLAN: So looking at going long, because of the daily bias of the descending channel. (ABCD Bullish)
TRADE: Place Buy Limit order, anticipating a continuation to the upside after a minor pullback.
NB: Use risk management to determine the Stop Loss and Take Profit
NZDCAD. The price resumed its growth after a long fall.Hi subscribers!
At the beginning of this month,
the price fell actively
and temporarily broke through the support level,
now it is in a growing channel
and very soon will reach the first
and then the second target.
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This idea does not provide the financial advice.
Historical data favors Long NZDCAD(Prediction 47)(Currently at -225pips)
You have 61.07% chance of earning 20pips and 58.87% chance of losing 20pips within the next 24 hours.
Entry price:0.84409
Take profit: 0.84609
Stop loss: 0.84209
(This applies to timezone UTC+8 5 Mar 2020 2pm to 6 Mar 2020 2pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 45)(Currently at -225pips)
You have 58.25% chance of earning 20pips and 53.70% chance of losing 20pips within the next 24 hours.
Entry price:0.83654
Take profit: 0.83854
Stop loss: 0.83454
(This applies to timezone UTC+8 3 Mar 2020 5pm to 4 Mar 2020 5pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 39)(Currently at -165pips)
You have 59.32% chance of earning 20pips and 55.65% chance of losing 20pips within the next 24 hours.
Entry price:0.84354
Take profit: 0.84554
Stop loss: 0.84154
(This applies to timezone UTC+8 25 Feb 2020 10am to 26 Feb 2020 10am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 38)(Currently at -145pips)
You have 60.40% chance of earning 20pips and 60.34% chance of losing 20pips within the next 22 hours.
Entry price:0.8395
Take profit: 0.8415
Stop loss: 0.8375
(This applies to timezone UTC+8 21 Feb 2020 8am to 22Feb 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 37)(Currently at -125pips)
You have 65.00% chance of earning 20pips and 51.30% chance of losing 20pips within the next 24 hours.
Entry price:0.84472
Take profit: 0.84672
Stop loss: 0.84272
(This applies to timezone UTC+8 20 Feb 2020 8am to 21Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 36)(Currently at -105pips)
You have 66.10% chance of earning 20pips and 55.21% chance of losing 20pips within the next 24 hours.
Entry price:0.84718
Take profit: 0.84918
Stop loss: 0.84518
(This applies to timezone UTC+8 19 Feb 2020 8am to 20 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 35)(Currently at -85pips)
You have 58.88% chance of earning 20pips and 55.96% chance of losing 20pips within the next 24 hours.
Entry price:0.84771
Take profit: 0.84971
Stop loss: 0.84571
(This applies to timezone UTC+8 18 Feb 2020 8pm to 19 Feb 2020 8pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Long NZDCAD(Prediction 34)(Currently at -65pips)
You have 60.00% chance of earning 20pips and 56.48% chance of losing 20pips within the next 24 hours.
Entry price:0.85004
Take profit: 0.85204
Stop loss: 0.84804
(This applies to timezone UTC+8 18 Feb 2020 9am to 19 Feb 2020 9am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)