Nzdcadshort
NZDCAD - BEARISH BIAS=====
MARKET OUTLOOK
=====
NZD - BEARISH
1️⃣ New Zealand’s export prices declined 0.8% in the first quarter of 2021, adding to the decline from a 0.4% fall in the previous period. The market expects only to fall by 0.6%. The fall in prices reflected a decline in the price of dairy products which fell 2.4% and meat which fell 1.5%.
CAD - BULLISH
1️⃣ A ramp-up in global vaccination efforts and a strong economic recovery could push the loonie higher.
2️⃣ The Canadian central bank is expected to keep its current guidance on interest rate hikes starting in the second half of 2022.
3️⃣ Rising oil prices underpinned the CAD.
4️⃣ Canada's economic growth in the first quarter remained robust.
=====
TECHNICAL
=====
- We're shorting this pair on SBR level + SMA50 area + pivot point area on H1 chart.
Can NZDCAD make it 3 out of 3 🤞😍Our script says it's time for a sell on NZDCAD.
Strategy in use is a 1:3 RR and is looking to make it 3 out of 3 trades.
Entry details are shown on the chart.
We're only looking for TP3.
I covered the previous sell trade in an idea earlier this week.
This trade has now closed for a profit as the 'buy' opportunity has presented.
Trade history can be seen below this trade idea too for full transparency.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM .
The stats for this pair are shown below too.
Thank you.
Darren
Forex |nzd/cad|learn technical analysis - short term sell signalhello traders and welcome to eg finance
In this video, I’ll give you the full analysis of NZD/CAD
Searching for the best opportunities for trading.
This video will be good maybe the best for anyone Who started his journey in trading and wants to learn technical analysis.
In this video, I will show you my style of trading and how I analyze charts, and how simple it is.
This video is full of information about technical analysis
I will show how to use
Fibonacci tool
Forex patterns like ( head and shoulders, bullish flag, and bearish pennant )
Notice divergence
And how to trade harmonic trading
All of this in this video, so let's get started
NZD/CAD New Free Short Trade To Catch 120 Pips !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
NZD/CAD Free Trade Running In 140 Pips, New Entry AddedThis 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
NZD/CAD Free Trade Running In 70 Pips Profits , What Next ?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 4 hour SHORT OPPORTUNITYHello Everyone
Not long to go until the markets open! here is a potential four hour short setup on NZDCAD, Price is already at our AOI (Area of Interest) and we are waiting for a confirmation at this level to short it!
We have two possible entries for you!
First entry is at the current level off the 618% fib level, trendline touch, ema and support now turned resistance.
The second and safest entry would be a break and retest of the small counter trendline.
if you plan on taking this trade then make sure you go down to the smaller timeframes 1hr/15mins and look for some nice rejection or engulfing candles!
1:4.91 RR with a 45 pip stop loss
useful? then why not join our free telegram group for more chart ups, entries and analysis - Links Below!
NZD/CAD Free Trade Running In 40 Pips Profits, What Next ?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
NZD/CAD New Free Short Setups To Catch 230 Pips !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 approaching 1st resistance, potential for a reversal!Price is approaching 1st resistance, which is in line with 61.8% Fibonacci retracement and horizontal swing high resistance. We could potentially see a reversal at this level and further downside towards 1st support, in line with 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. Price is holding below both descending trendline and moving average resistance, showing signs of bearish pressure in line with our bearish bias.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZD/CAD Hit All Targets +245 Pips , What Next ?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