NZDCAD I Intraday LONG from execution area
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** NZDCAD Analysis - Listen to video!
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Nzdcadlong
NZDCAD I Potential long opportunity from supportWelcome back! Let me know your thoughts in the comments!
** NZDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
NZDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.83000.
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NZDCAD Ready for bounceThe NZD/CAD pair is exhibiting a bullish trend, notably forming an ascending triangle pattern. This pattern suggests a potential bullish continuation, especially with the formation of a bullish buildup. The market sentiment appears poised for a bounce, indicating a favorable opportunity for traders. As the price consolidates within this pattern, anticipation grows for an upward breakout. Traders are closely monitoring this setup for potential entry points to capitalize on the expected bullish momentum.
NZDCAD → Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up levels for BUY . NZDCAD long from Support
! Great BUY opportunity NZDCAD
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NZDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: After change of character here we can see that price started to make higher lows and higher highs, so I am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.82000.
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NZDCAD - Short from resistance ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from resistance zone for a potential short.
Fundamental news: Tomorrow we will see results of Unemployment Rate on NZD and on Friday on CAD.
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NZDCAD: 700+ Pips Swing Buying Opportunity!Dear Traders,
NZDCAD is 700 pips buying opportunity, price breakthrough and changed the character, since then price consolidated and then manipulated. We still expect price to drop till 0.8100 and reject from that area. Please give some time for setup idea to become active
#NZDCAD: 500+ bullish buying opportunity! Swing TradingDear Traders,
We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade taken.
Please wait for price to do its thing, do not rush. Patience pays!
7 Dimension Trade Idea for NZDCAD😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Breakout of Structure (BoS); Current market is in a sideways mood
🟢 Swing Move: Impulsive to sideways
🟢 Inducement: Done
🟢 Decisional OB: Mitigated, but discount area liquidity is unmitigated yet
🟢 Support: Holds the price for the 4th time, indicating strong demand
🟢 Trendline: Buildup, prebreak, and a potential spike for tapping extreme areas
🟢 Time Frame Confluence: H4, Daily, and Weekly
2️⃣ Pattern
🟢 CHART PATTERNS: Reversal, Rounding Patterns, Cup and Handle at both daily and H4 with strengthening buildup. Consolidation Rectangle makes this area interesting and demanding.
🟢 CANDLE PATTERNS: In this highly consolidated zone, no candlestick pattern is effective. Watch and wait until breakout, then analyze candle behavior at breakout levels.
🟢 Volume: High volume throughout consolidation indicates bull dominance. Watch for volume on breakout or fakeouts for a final decision.
4️⃣ Momentum RSI
🟢 Momentum: Totally sideways
5️⃣ Volatility Bollinger Bands
🟢 Volatility: Highly contracted
6️⃣ Strength According to ROC
🟢 Values: NZD is stronger than CAD
💡 Decision: Wait till breakout or fakeout, but in both scenarios, consider buy positions
🚀 Entry: Breakout at 0.8418 / Fakeout at 8292
✋ Stop Loss: Breakout at 0.8383 / Fakeout at 8275
🎯 Take Profit: 0.8978
2nd Exit if Internal Structure changes; also Exit on 3rd trendline breakout, FOMO
😊 Risk to Reward Ratio: 20
🕛 Expected Duration: 50 days
📚 SUMMARY: The analysis points to a bullish trend with a strong consolidation zone. Breakout or fakeout opportunities are highlighted, emphasizing a buy strategy. The risk-to-reward ratio is favorable, and a patient approach is recommended until decisive market movements occur.
NZDCAD - Wait for a confirmation ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. As I expected in my previous analysis price filled the imbalance and now I wait price to reject from bullish order block + institutional big figure 0.83000 to open a long position.
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NZDCAD - Look for a long Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.83000.
Fundamental news: On Wednesday will be released Interest Rate on CAD.
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7 Dimension Analysis for NZDCAD 🕛 TOPDOWN Analysis - Navigating a Complex Market Structure
Overview: Monthly observations reveal a cautious market, with a bearish internal structure emerging after a previous corrective move. Weekly charts, however, present a conflicting scenario, showcasing a lower high and hints of bullish momentum. The confusion intensifies as prices linger around a crucial resistance area. A sell-focused strategy is recommended due to the proximity to significant resistance.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: BoS (Breakout of Structure)
🟢 Swing Move: Corrective move completed at a premium area, marked by an IFC candle.
🟢 Inducement: Awaiting confirmation at a potential high.
🟢 Pull Back: Anticipating a retracement to the inducement level.
🟢 Internal Structure: Bears waiting; marked by supply, distribution, and rejection at a crucial level.
🟢 Supply/Distribution/Premium Areas: Intense interaction with a strong rejection at the resistance area. Trendline importance emphasized; waiting for a break and a close below.
Traps: Evident, as prices attempt to surpass the area but struggle to sustain.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal
Potential double top patterns; not classic but significance lies in key candle patterns and price movements.
Shakeout reversal observed.
🟢 CANDLE PATTERNS
Notable Observations:
Bullish candles appearing but failing, marked by a pin bar reversal.
Long wick candles, inverter hammer, and a gravestone doji present.
3️⃣ Volume: Significant volumes observed at the end of the corrective move. Low volumes during the rejection at the supply area; unclear picture.
4️⃣ Momentum RSI:
🟢 RSI in Super Bullish Zone: Signifies heavy momentum.
🟢 RSI Range Shift: Successful shift from sideways to bullish, indicating robust momentum.
🟢 Divergence: No clear divergence yet; momentum favoring bulls.
5️⃣ Volatility Bollinger Bands:
🟢 Middle Band Support: Price above the middle line.
🟢 No Squeeze or Consolidation: Indicates ongoing momentum.
🟢 Dual Band Derivation 1: Favorable for bulls.
6️⃣ Strength
Rate of Change: NZD stronger than CAD.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bullish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Trendline
☑️ Candles Behavior: Favorable
☑️ Triangle Breakout: Awaiting confirmation.
☑️ Final Comments: Buy at the breakout, based on momentum and volatility.
💡 Decision: Initially a buy entry based on the current corrective move; if it fails, consider a reversal entry.
🚀 Entry: 0.8309
✋ Stop Loss: 0.8266
🎯 Take Profit: 0.8427, 2nd Exit if Internal Structure Changes, 3rd Exit on a trendline breakout or FOMO.
😊 Risk to Reward Ratio: 1:2
🕛 Expected Duration: 3 days
SUMMARY: The analysis navigates a complex market structure with conflicting signals on the monthly and weekly charts. The suggested approach is cautious, leaning toward a sell strategy due to the proximity to significant resistance. The daily analysis provides detailed insights into patterns, candle formations, and volumes. The buy entry is considered with specific conditions and exit strategies. This is a corrective move or contra trend entry
NZDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental news: On Wednesday will be released Cash Rate on NZD. As well on Thursday will be released monthly GDP on CAD and on Friday Unemployment Rate on CAD.
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NZDCAD going LONGNZDCAD is on an UPTREND in the 4HR timeframe.
It broke above the 0.81900 level, It may retrace to the 70.5% FIB level which is in line with the rising TREND LINE .
If these 3 confluences align, they would provide a sweet
BULLISH ENTRY at 0.81500
STOP LOSS @ 0.80950
TAKE PROFIT @ 0.82800