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Nzdcadlong

NZDCAD - Bearish price action ✅Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here I am bearish as we can see that price filled perfectly the imbalance and mitigated bearish order block, as well on MACD we have a normal divergence which indicates bearish price action. Fundamental analysis: Tomorrow we have news event on CAD. It will be released monthly CPI, which was forecasted to remain the same. This news could support our move. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
NZDCAD: GO LONG- WAITING FOR RETEST NZDCAD it’s very clear at this point what the Market is saying price action, so we would be buying immediately we get a retest. This trade is actually a 100% buy due to the trading confluence. The strong short-term increase of NZD/CAD should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 0.8490 CAD, a purchase could be considered. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 0.866 CAD.
Long
by Yurino86
NZDCAD BUYLooking At my analysis on NZDCAD it’s very clear at this point what the Market is saying due to pure price action, so we would be buying immediately we get a retest, we broke a beautiful Trend line so at this point we patiently wait for the proper confirmation before we make our buy moves pips target is actually about 240 pips plus, remember always apply proper risk management. This trade is actually a 100% buy due to the trading confluence. Drop a Comment and also if you want more analysis please like and follow me for more thanks.
Long
by GoCrazyfx0
2
NZDCAD PLAN.Hello traders around the world! My name is Alexandre Karim and today I want to talk about NZDCAD for a possible long position scenario. On the weekly chart we can draw a descending channel since April 2016 (Low at 0.86573) & November 2016 (High at 0.98831) till present taking multiple touches. The descending channel shows us an upside gravity + on the higher time frame we can clearly see that the price made a "V shape" and a bullish correction after it. If we zoom in to the daily chart, we can draw the upper and lower TL of this bullish correction. Moving to the 4H chart, we can check our areas for a long position. The first one would be a reversal on the lower 4H TL and the second one would be a breakout of the upper TL + giving us a continuation after. I will be focusing on the 1H chart to execute the trade. These are two possible scenarios on NZDCAD! What are your thoughts? Remember, patience is key! Wait for the perfect set up before entering any trade. #ThePrimes
Long
by alex_k_95
1
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 Trade Safe
Long
by ktlfx