Nzdcadlong
NZD/CAD Giving Good Bullish Price Action , Risky Long Trade !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCAD 4H, Bullish Price ActionNZDCAD has been shaping up for the Impulse phase as we can see on the the HTF price had a strong push upwards now consolidating within a continuation structure.
Looking at the LTF, we can see price approached the lower boundary of the HTF in a corrective structure with a strong impulse breakout followed by continuation structure to push price higher.
I expect price to rise to upper boundary of HTF structure.
Wait for an entry thst fits your trading plan.
Thanks
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NZDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I look price to continue the retracement and then to reject from bearish order block to open a short position.
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NZDCAD: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the NZDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
NZDCAD Trading Plan - 10/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect NZDCAD to go Up after finishing this correction.
Look for your BUY setups below 0.85 level.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer : This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
NZDCAD: Bullish Breakout Price action has successfully broken the descending parallel channel. We can see Price has tested the Channel support and Resistance line on several occasions.
Bullish indications
Price action is achieving new Higher Lows and Higher Highs and a breakout starting from the median line of the channel is a good sign. Price has respected Fib level 61.8% which is now our support level which indicated use of fib level can be beneficial for TP and SL.
0.86365 is the next Resistance zone line.
Last 10 years Seasonal analysis indicates Zxy remains Bullish in December over 66% of the time while CXY remains Bullish only 50% of the time. No Divergence was Spotted.
Manage your Risk accordingly.
NZDCAD - Long from support ✅Hello traders!
‼️ This is my analysis of NZDCAD .
Here we are bullish from H1 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from support zone + institutional big figure 0.87000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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