NZDCAD LONGNZDCAD is in a long term #Sell trend, but for a short term trade, it may continue to touch its high at 0.88367 and it will tell us afterwards what it wants to do.
Nzdcadtrend
NZD/CAD Looking very bearishHi Traders
NZD/CAD Signal (Daily Timeframe)
A high probability, entry to go SHORT is forming @ 0.90366 after the market found resistance @ 0.92347. Only the upward break of 0.92347 would cancel this bearish scenario.
Trade details:
Entry: 0.90366
Stop loss: 0.92347
Take profit1: 0.89197
Take profit 2: 0.87216
Take profit 3: 0.83987
Score: 7
Strategy: Bearish Trend Reversal
What I'd love to see on NZDCAD!After breaking out, price has found its way above my trendline support. with a retest of my trendline on lower timeframe, i should long NZDCAD. Probablities. lets see
NZDCAD sell wag wan trading fam, another short it looks like here. rejection of the 61.8% as well as the descending trend line. SOOOO its looking decent for a short. Watch out for wick fishing up top the 100% and make sure stops are above this. Lets see if we can ride this one down further. Enter upon a 4 hr rejection candle of the purple box shown.
200 PIP GAIN 5/1 RR
NZDCAD SHORTNZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest.
However, we need to wait for further rejection of this zone, so multiple 4hr candle closures forming a spinning top or doji candle (like in the blue circle shown above). If this does become into fruition I will be taking shorts down to the -61.8% Fib level, taking partial profits at the 0% and the -20% to secure some profits.
185 PIP gain 4.5/1 RR
LIKE AND FOLLOW FOR MORE !!
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 Double Top opportunityNZDCAD Double Top opportunity but it may go up if the above resistance line is broken
NZDCAD BUY - watch this spaceNZDCAD UPDATE FOR LONG
the blue bar will be my buy zone. it could extend to around 0.82150. watch out for a flag and buy once it get close/enters the blue zone
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NZDCAD ready to take offNZDCAD is testing its major support on higher time frames, i am expecting a possible strong break of the current structure or a double bottom and then sharp rallies, so either way i am looking for longs on this market. Watch this out!
Trade Safe!
NZD/CAD - ~200 Pips OpoprtunityA reversal from NZD/CAD is expected as it's finding support on top of ema's that acted as resitance up to now.
We can expect it to move back up and hit the 200 ema area *if the 20 ema on the 12 hour holds as support*.
Give it 8 more hours to confirm its strength to reverse.
NZDCAD Buy TradeNZDCAD Buy Trade Probability! SL around 0.888 Levels Looking For An Upward Move Following This Break?/
