NZDCADSIGNAL
DeGRAM | NZDCAD pullback tradeNZDCAD is moving in the descending channel, and it has made lower lows.
The market broke and closed below the support level, which became a resistance that was respected before.
The market is in a bearish trend on D chart.
We anticipate a trend continuation opportunity.
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NZDCAD ____ TRADE IDEA FOR DAY TRADERSHello Day Traders,
I come bearing bearish fruits.
This trade is simply a continuation of the bearish trend. Looking at the daily chart, you will notice that the price structure in the past couple of days is bearish. Also, there was a price manipulation to the bullish side yesterday. This is very visible by just looking at how yesterday's candle closed.
My speculation is that price would retrace into one of these order blocks and confirmation for the bearish continuation would be seen on lower timeframes. Which one of the order blocks would hold? well, I don't know but we shall see.
I would like to also state that price might just continue selling to the target price without giving a retracement to any of the order blocks.
Follow for more updates like this.
Cheers,
Jabari
DeGRAM | NZDCAD bullish opportunity from confluenceNZDCAD is trading in the ascending channel.
Price action pulled back following the retest of the resistance level.
The market printed the pinbar at the confluence zone: support, fibo level, and dynamic support.
We expect a bullish move and a retest of the resistance level.
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DeGRAM | NZDCAD pullback tradeNZDCAD is moving in the descending channel , and it has made lower lows.
The market broke and closed below the support level, which became a resistance that was respected before.
The market rejected the daily resistance level.
We anticipate a bearish trend continuation opportunity.
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DeGRAM | NZDCAD trend continuation opportunityNZDCAD is moving in the descending channel , and it has made lower lows.
The market broke and closed below the support level, which became a resistance that was respected before.
The market is in a bearish trend on the 4H timeframe.
We anticipate the trend's continuation.
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NZDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
USDCAD and NZDCAD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | NZDCAD strcuture based tradeNZDCAD is approaching the major structure support level .
Price action broke the ascending channel.
The market shows a divergence, which means we might see a retest of the resistance level.
We expect structure based trade.
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NZDCAD LONG TERM CHARTOk, i need to stop posting NZDCAD ideas lol... tho the last one looking good and am holding long there on break of expanding wedge that developed on the 4hr into channel resistance leading me to think we could be finally about to break this bear channel to upside? retail positioning supports also.
anyway this weekly chart clearly shows the bull flag and a measured move/break of this targets the top end of the range this pair has moved in for a long time...
NZDCAD____3.9RR TRADE IDEAHello Fam,
FX:NZDCAD has just tapped into a strong daily supply #orderblock which led to a mini selloff in price about a month ago. I expect that orders are still pending in the daily order block or market-makers would like to mitigate some orders. With this at play, I expect a selloff in the 1hour timeframe.
Although I have a longer-term bullish bias on the pair based on the weekly and monthly timeframes, we would be taking each move as they come.
Here are my other analysis on FX:AUDJPY and FX:CADJPY
AUDJPY
CADJPY
Cheers,
David
DeGRAM | NZDCAD bearish opportunityNZDCAD current price action is moving in an ascending channel.
The market is testing the daily resistance level.
Price pulled back after the divergence and double top.
We expect a bearish move; price action breaks and closes below the channel.
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DeGRAM | NZDCAD strcuture based tradeNZDCAD is in a consolidation on the 4-hourly timeframe, even though the current price action is moving in an ascending channel.
The market is testing the strong resistance level that the price has pushed back from several times.
Price pulled back after the divergence and double top. We expect a bearish move if price action breaks and closes below the trendline.
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