NZDCADPrice in Supply zone ( Supply zone 1). focus 1st short. If price going to Supply zone 2 focus 2nd short.
Nzdcadshort
NZD/CAD : Watch BreakDown and SELLThis pair looks vewry intresting facing big double top pattern and we can see reversal in downside and sell on Pullback confirmation.
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NZDCAD AnalysisNZDCAD showing signs of a quick bearish retracement, pips can be caught in the short term
NZDCAD SELL IDEA FROM 0.87313 Price has reached a very strong resistance level at 0.87940 which lines up with the 0.61 level on the fib indicating a possible change of trend. My setup became valid when the daily candle closed strongly bearish at this important level. Therefore I am anticipating a swing low.
Entry : 0.87313
SL : 0.88370 (105Pips)
TP1: 0.84500 (270Pips)
TP2 : 0.8060 (670Pips)
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NZDCAD, SHORT Possibilities..Daily,Weekly resistance level.
Retracement is much needed.
0.855 is another expected point.
Take SHORT entry of market opens
in favour.
nzdcad butterfly patternAs you can see bullish momentum is expected please wait for the trend reversal
NZDCAD 100-PIPS SHORT SETUP.Please manage your risk. Use Stoploss. and do no take blind entry until confirmation. If you have question let me know. If you want to analyze any pair let me know.
NZDCAD SELL ZONE UPDATED! Hi Traders, here is the full Update Analysis / Breakdown for NZDCAD.
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Keep this pair on your watch-list.
Conditions -
1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change )
2.Use Risk Management (Risk 1% of your capital)
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NZDCAD ShortNZDCAD Short
Entry 0.85140
SL 0.85510
TP1 0.84810
TP2 Open or Target
SL to entry once TP1 is Hit
NZD/CAD approaching key resistanceLet's take a look at NZD/CAD on 4H chart. We can see price is closing in on strong resistance line that has not been broken for quite some time now. NZD/CAD could see some down movement if price bounce of the resistance line one more time. We are placing pending SELL orders shown on chart.
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NZDCAD. Drop to target.
Hello dear subscribers!
The price of this currency pair has approached the resistance level.
The price will fall to the target,
it is at around 0.85000.
Good luck to you.
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This idea does not provide the financial advice.
NZDCAD H1 SHORT PRICE ACTION FORECASTWith price action trading close to a resistance level, together with the 50EMA and downward trendline, it could bring the opportunity for a short trade as a sell-limit entry setup.
When checking the intraday charts at H1, the candle forming was a clear Doji bar signaling the possible fatigue of the short correction from the more significant downtrend bias.
S/L: 30 pip with an R:R | 1:2 with the T/P right from last week's previous support level.
NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.84441 where it could potentially react and bounce to its resistance at 1st resistance at 0.85598.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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NZDCAD POTENTIAL HEAD AND SHOULDER FORMATION #TradegangPotential head and shoulder formation...enter with risk management pls
NZDCAD ShortGot a nice short here. within the resistance trend line, we have a mini double top forming and a counter trend line which has been retested.
