Nzdcadshort
NZDCAD approaching support, potential for a further rise!
NZDCAD approaching support at 0.87590 where it could potentially rise further to 0.88790.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD - Great TradeExpecting further downside on this pair after breaking the previous significant structure. We are working with the small bear flag patterns that are being formed on the way down in the hope of a major downside move.
I have entered this trade because:
- The COT data is supporting our decision
- After viewing and analyzing CAD base pairs, I have come to the conclusion CAD could continue to strengthen against the NZD
- We are now trading below what was the previous significant structure, this level can be now used as a rejection zone for further continued downside.
NZD/CAD Short📉Potential trade idea 💡
Sell NZD/CAD @ 0.8850
🎯 Target Profit 0.8800
🛑 Stop Loss 0.8876
🙂 Good Luck!
Do not hesitate any question for clarification.
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.88695 where it could potentially drop further to 0.87992.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD SELL LIMIT @ 0.900000I am preparing for a huge swing low once price reaches the 0.786 fib level.
SL: 0.90689 (70Pips)
TP: 0.79983 (1000Pips)
For 1-1 Sessions and Signals check us out at www.dualfx.co.uk
NZDCAD bounced from support, potential for a further rise!
NZDCAD bounced off 0.88972 where it could potentially rise further to 0.89335.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZD_ Long Fall against CADNZDCAD is at its monthly high chances of it falling are very high as we have noticed in the past that it respects the trend. Low time frames will determine this fall as we are to short each and every short opportunity we get. Trade smart. Good luck.
NZD/CAD bears are going to break ascending channel💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
NZD/CAD has been inside ascending channel now for a while, but now price faces first major obstacle - weekly resistance line. We will wait for price to be outside of this channel before opening short positions.
Let us know what you think about this idea.
Trade safe !
Sell after break of correction Already in a sell on this position with all the risk off the table.. waiting for a break of the corrective pattern to the downside and will then look to get short again
