NZD/CAD This is Going To Be A Solid Trade!Hello traders,
This my analysis for NZD/CAD, hope you guys enjoy.
Nzdcadlong
NZDCAD is Getting Ready for 300+ Pips MovementNZDCAD has done fake breakout near to trendline which means price was unable to break and sustain the trendline. This Week I will be bearish on ***Cad pairs.
NZDCAD, GIVE THE BULLS SOME SPACE!Hello Traders,
After that massive impulse in the 27th of March we have been looking for the perfect opportunity for a long position, however, our support levels didn't match, until now.
What we are looking for here is an H4 rejection in one of our support levels.
Give this trade some room because it can take a little bit to reverse, we can still see a move to our major support level, you can look for reversals in 1H and 15M in order to get a better entry, but remember, the lower the timeframe, the riskier it is!
Best of Lucks,
GlobalYouthTrading
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NZD/CAD: SELL From PullBack !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
What's Happening To NZD/CAD?Wait for retest and enter upon this...
Potential head and shoulder may also be forming...
Head and Shoulders formed on NZD/CAD 1DI have had a long on NZD/CAD for a few days now but tonight sees a clear break above the inverted right shoulder from Dec 18. If you like round numbers then the target price is 0.95000.
DYOR etc
Tony
NZDCAD 1Dnzdcad is already break trendline. so, wait for moment it's break the resistance area
if nzdcad break the resist area you should take a long position.
NZDCAD long intraday/swing trade setupLong opportunity on break of market structure to the up-side. Entry on pullback to .5 fib zone, TP 0.92539, SL at 0.90800.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9236 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.9074 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9236 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where a strong drop might occur below this level to our major support at 0.9074 (horizontal swing low support, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9240 (horizontal swing high resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 0.8981 (horizontal swing low support, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our first resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCAD-Long to 1st & 2nd targetClassic break of resistance and retrace to support. Textbook.
Looks so good its make 2nd guess. I'm going in though.
NZDCAD approaching resistance, potential drop! NZDCAD is approaching our first resistance at 0.9120 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur below this level pushing price down to our first support at 0.9021 (61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
COULD NZDCAD OFFER SIGNIFICANT LONG TERM UPSIDE MOVE?Hi Traders,
The 4-hour chart of NZDCAD shows a bullish move from October 2018 as a classic five-wave impulse in wave (A) "black."
According to the Elliott Wave theory, a three-wave correction in the opposite direction follows every impulse pattern. And indeed, the rest of the chart reveals an A-B-C zigzag correction in wave (B) that rejected the 38.2 Fib ratio and support level so far.
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If this count is correct, there is a complete 5-3 cycle to the upside, and this means another five-wave bullish impulse can be expected in wave (C) from now on.
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Given that the bulls already made the first impulse in wave 1 of (C), and we have a three-wave a-b-c regular flat pattern in wave 2 of (C) that reversed from 78.6 Fib ratio, a bullish continuation is expected in 3 of (C) whose potential target lies between 1.618 - 2.618 as planned on the chart.
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The Friday's bullish engulfing candle on the Daily chart further confirm the completion of wave 2 correction and could be used as a signal to enter the bullish setup.
Safe Trading!
Veejahbee.
NZDCAD Trying to test support...Look out for opportunity to buy from the support zone or breakout . watch this closely it will be a great opportunity to make good pips
NZD/CAD (RETEST PREVIOUS SUPPORT) H4NZD/CAD, my thoughts are to see a retest to the previous support zone, see the RSI oversold before I seek to get into this trade. Only looking to see these confirmations & if I like what I see I'm in!
Thanks for checking out my idea, let me know your thoughts.
