NZDCAD, Sell Setup!NZDCAD, Sell if it touches that area.
+ Strong Resistance!
Trade when the Price Action Tells!
NZDCADSIGNAL
NZD/CAD PAIR BREAKDOWN! 👋 Hey there traders, and welcome to a brand new pair breakdown!
📌 If you like the content that I produce for you all, show some love by smashing the like and follow button, also, leave a comment! That keeps me motivated to produce more content!
📌 Why should you follow me on Tradingview?
I'm transparent.
I provide educational content.
High probability setups
I explain all my steps in-depth
📥 If you would like me to analyze a pair, or discuss something educational and or trading related, let me know via private message, or drop a comment! I always respond to all the comments! :)
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain about the markets. This information given is not financial advice, always do your own research.
Thank you for your time, and let's destroy the markets together!
NZDCAD running in 60 pips profit Hey guys, I posted the NZDCAD idea 💡 on 14 January, and it's running in 60 pips of profit. Let me know in the comments section if you guys have any questions. Thanks
NZD/CAD Wave Analysis
The counter is currently in its final stages of the bull cycle.
We expect a three-wave bear cycle to follow it up after the strong run-up.
It is trading around a strong resistance, which could be used to initiate short positions.
NZDCAD D1As we can see market is going in uper channel. So we will find a sell opertunity near its resistence if market show a fake out. we will enter on divergence strategy.
NZDCAD BUYThis is NZDCAD 15 minutes timeframe analysis, i'm expecting this pair to go up for 50 PIPs as my final TP.
NZDCADBounce off pennant support + Breakout above downtrend resistance + RSI bullish divergence signal ↗️
NZDCAD head and shoulder pattern Nzdcad preints an head and shoulder pattern, curently there has been a breakout of the neckline and a retest,
We expect a fall in the currency pair up to 0.85700 region
Goodluck
NZDCAD Long 10.11.20AQZ Fibs Set Up based on 1 hour time frame. Price is near preferred entry.
I am entering trade now and setting stop loss at red zone 2.
Please don't forget to FOLLOW, LIKE, and COMMENT ...
If you like my analysis:)
Thank you and Good Luck
Elliot Wave: NZDCAD Bearish Continuation SetupSupport this analysis with your likes and comments!
This is an update on the previous Daily setup shared a few weeks ago.
NZDCAD reversed and broke the S&R zone and ascending trendline impulsively in wave i.
According to Elliot Wave theory, impulse move is always followed by a three-wave correction. In NZDCAD's case, the short-term rally is currently taking the shape of a-b-c zigzag pattern in wave ii.
Price is contained within a parallel channel and also retesting a significant supply zone. While the retracement can entends to a complex corrective structure, we can take a short entry from the current market level as long as the protective stop is placed at the major invalidation level which is the red line on the chart.
Price has the potential to move downwards towards wave (a) low in wave iii of (c).
The break of the green lines can be used as a conservative entry.
The major invalidation level is the red line on the chart.
What's your view on NZDCAD? Let me know in the comment.
Thanks for reading!
Veejahbee.
NZDCAD ANALYSISwe are trading the bearish pennant pattern inside the Wedge , therefore we will be seeing downwards movement until the dynamic support structure
Like and Comment your ideas !!!
follow me for more setups !!
NZDCAD EW Analysis: Short Trade SetupHi Traders,
NZDCAD seems to have completed a 5-3 (impulse-correction) cycle. Prices decline in five-wave from the top in wave (a), followed by a three-wave corrective zigzag in wave (b). The pullback retraced almost 78.6% of the sell-off, and the price action becomes weaker as it approaches the top.
According to Elliot Wave theory, once a 5-3 cycle is completed, the market resumes in the direction of the impulse which is bearish in the case.
- Target below wave (a) low is plausible in the weeks ahead
- The setup will be invalidated if the price trade above wave (a) high , red line on the chart.
- Execution from the market price ideal as long as stop-loss is maintained above high.
- The break of the green lines will further confirm the bears have indeed resumed.
Best of luck on the chart.
Regards,
Veejahbee.
NZD/CAD Breaking Below 0.8740 will open the door for 0.8620 nzd/cad sell stop @0.8740
sl: 0.8820
tp: 0.8620
an alternative scenario, Breaking above 0.8820 will open the door for 0.8900.
