lets take this trade at 1% R:R =6 to 1 at 1% lets short last kiss... i do not like to do too Many descriptions i just publish this formi own purposes education feel free to leave a comment..
Nzdcadshort
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.84860 where it could potentially drop further to 0.83642.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD DOWN DOWNTarget 0.83000.
Reasons why NZDCAD will fall : Daily shooting star, 4h not a single candle that can be trend changer.
An entry now would be perfect, the sencond entry after it breaks and retest 0.8400
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.84860 where it could potentially drop further to 0.83642.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FREE ANALYSIS ON NZDCADFREE ANALYSIS ON NZDCAD
Welcome to SiriusTrading, Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :)
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4HR CHART
Bearish Divergence
also watch top for Sell down
Watch break of trend line for sell
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.84860 where it could potentially drop further to 0.83642.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Trade idea for NZDCAD this week I would wait for price to reach the first box area in the right timing, then I will looking to shot around here.
If the price go beyond this first box area in wrong timing, high chance it will overshoot to the second box area, and if the price reach here on the right timing, I will be looking to short here.
No TP projection though.
NZDCAD - SELL target 60 pips.OANDA:NZDCAD --------------------->Details on the chart.
Pipdify,
Tamilkumar
NZD/CAD : Buy Big Rally SOONBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.84860 where it could potentially react off and drop down to 1st support at 0.83850.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD LONG TERM VIEWMarket long term view is looking short, uptrend appears to be done and we should now be looking toward bear market overall in coming years.
"NZDCAD: the last impulse of the down move?" by ThinkingAntsOk4H CHART EXPLANATION:
- In Weekly Terms, we observe a lateralization in this instrument since 2014.
- In April 19', it started its down move towards the level in which it is now.
- Price is on an a Descending Channel.
- It is currently on a Bearish Corrective Structure. If it breaks it at 0,85, it has potential to move down towards the Support Zone at 0,837.
- After this, we expect price to move up.
Check out our Weekly and Daily Vision, that support our short idea!
Weekly Vision:
Daily Vision:
NZDCAD with the trendNZDCAD rejected previous support, we now could see a continuation of the downtrend.
Target is the daily 0.786er fibo retracement.
NZDCAD SHORT - REJECTION OFF KEY SUPPORT ZONEAlmost a 2.0 R:R on this trade setup, great to end off the week.
NZDCAD Potential S&D Zone Break with 200 MA BlockGive an inspirational like :)
ArrowPips: Under 200 MA, there is a short potential for NZDCAD.
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NZD/CAD - SHORT 1DNZD/CAD - Potential short opportunity may occur if the market remains bullish and moves closer towards the upper resistance level. The chart analysis shows NZD/CAD being rejected by this resistance everytime, over the last 5 years. This shows a good indication of the strength of this historical level, and further supports a short entry. Before entering some traders may wait for a rejection to confirm the trend.
