Nzdcadsell
NZDCAD SELLThe pair is making a four top on the monthly. NFP didn’t close above the resistance so it must have made a monthly high. Logical lookout is sell, so now we look for sells on a lower timeframe based on a higher timeframe support and resistance levels. In this case I use swing highs and swing lows from the Daily and H4 chart.
We can see here that the sweet spot of the retracement align perfectly with a higher timeframe resistance. This is where my entry will be with a 300 pips stop loss. If it breaks up, I will sell again at the monthly high.
NZDCAD - Short Position For Atleast 600 Pips!Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential short position for at-least 600 Pips, It has a potential for 900 or more pips, the minimum expectation is 600 Pips from this trade !
This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point or 0.94600, you can still catch 350+ pips till TP1 is reached, however It may still go up keeping the current situation in mind , It is recommended to enter with a smaller lot size if you want to take a short position right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Don't forget to like, If you like my analysis :)
NZDCADReversed at turncoat area, heading down now with a broken trend line. we may or may not have a pull back to retest the trend line, SL should be in Turncoat area, TP not given, you should monitor and watch for price action.
NZDCAD 300 PIPs+ My apologies should of uploaded chart sooner, I got my entry at 0.94945, its not to late to jump on the movement!
NZDCAD BREAKOUT SIGNAL CALL.The price has reached back into the resistance area at 0.9569-0.95490. bearish as long as the resistance at 0.9569 remains intact. As intraday trading strategy, you must get bearish signal confirmation by trading below 0.9458 with potential target at 0.9239-0.9203.
NZDCAD Double Wave Cycle Sell IdeaNZDCAD has a bearish convergence on the H4 chart, what we need now is a retrace in order to join the sells.
Therefore we go to the lower TF and try to sell when price is bouncing on the red TL. Sell after a bearish candle pattern and/or divergence in order to join the second part of a double wave cycle.
TP 0.8699
SL 2 pips + spread above last high after price touched the red TL.
