Market Overview Part 22Me Going Over My Full Robin Trap Strategy In Deep Detail. And What Trades Im Looking To Get In Soon!
CADNZD trade ideas
Falling towards overlap support, could price bounce from here?NZD/CAD is falling towards the pivot and could bounce to the overlap resistance.
Pivot: 0.83166
1st Support: 0.82938
1st Resistance: 0.83551
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDCAD LONGPrice broke Daily Structure on Friday, making majority of my Time Frames bullish.
Market Structure bullish 30
Entry at Daily AOi
Weekly Rejection at AOi
Strong weekly bullish close
Bullish engulfing on the weekly Timeframe
Daily Rejection at AOi
Daily EMA retest
Previous Daily Structure Point
Around Psychological Level 0.83500
H4 Touching EMA
Candlestick rejection on the H4
Levels 4:42
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
NZD CAD ENTRY LONGNzd cad is completing a 3 corrective wave on m15 and im expecting price to bounce from this level
NZDCAD - In ABCD Bearish Reversal HarmonicNZDCAD is analysed on a 30m time frame with a bearish divergence. I used ABCD harmonic pattern and initiated a trade after the bearish divergence at point B. I planned my trade from point B to C.
The Signal is:
EP: 0.83738
SL: 0.83877
TP: 0.83600
RR: 0.5%
Lots: 0.50
NZDCADNZDCAD - All timeframes on this pair is bullish, not to mention price created a inverted head and shoulders pattern and now we are looking for a new higher low on either zone to continue that bullish trend.
NZDCAD - Bearish TrendNZDCAD is on Bearish Trend, will this trend continue?
Entry, Stop Loss & Take Profit are mentioned.
NZDCAD found a breakthrough and now ready for uptrendPrice broke the 0.83670 price mark with a breakout to the top now the nest target is 0.85636 for the coming trading sessions on the NZDCAD
🤝🏽
Happy trading
NZDCAD Sellers In Panic! BUY!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8327
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.8366
My Stop Loss - 0.8301
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
———————————
WISH YOU ALL LUCK
NZD-CAD Potential Short! Sell!
Hello,Traders!
NZD-CAD is going up now
But the pair will soon hit
A horizontal resistance
Level of 0.8412 from where
We will be expecting
A pullback and a move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Weekly outlook on NZD CAD based on Elliot WaveOn the weekly i find a completiom of 3 corrective wave and well for h4 and h1. i am expecting a huge bullish move tor this pair
Long NZDCAD it's a sector place
It's a sector play,
Every industry on under the NZD sector will be affected
By the demand and supply of this sector on there price action (financial statements)
NZDCAD - BEAUTIFUL MARKET SRUCTURE (SHORT TERM PERSPECTIVE)I picked interest in this pair. A strong bullish/momentum chart pattern setup got my attention. Price has also respected the fib levels (0.618, 0.50). There are potential Take Profit levels of 0.236 & 0.118 fib levels respectively. Also there is a SUPPORT where price might tend to pull back before continuing trend as it has broken out of descending trendline indicating a reversal. First target is a measured move based on candlestick pattern and overall Price Objective based on chart pattern. Also visible is hidden divergence with the stochastic indicator.
*NoTE - Canada cut rates recently, NewZeland left rates unchanged.
*Sentiment data show majority of Retail traders and holding onto losing positions and net SHORT on this pair.
NZDCAD SHORTbuyer's showing a lot of exhaustion
Market Structure Bearish on HTFs DH
Entry at Daily AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Strong Bearish move
Around Psychological Level 0.83500
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.57
Entry 70%
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
NZDCAD Excellent buy opportunity on this pull-back.The NZDCAD pair gave us a great buy entry last time we looked at it (May 08, see chart below) and made a direct hit on our 0.8500 Target:
The price got heavily rejected straight after and just hit the 1D MA50 (blue trend-line) again. The pattern that seems to be prevailing is a Channel Up (blue). The last time we had a Higher High rejection on its top, the pair pulled-back to the 1D MA200 (orange trend-line) and then made a short-term bounce to the Internal Lower Highs trend-line.
As a result, we will be using this opportunity to buy and target 0.84500 (just below the symmetrical Lower Highs trend-line).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
NZDCAD = Buy5 wave structure on the 1 hour is coming to an end for a continuation to the upside since higher time frames are bullish.
Price is at a key level
NZDCAD: Long Trade with Entry/SL/TP
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8318
Sl - 0.8284
Tp - 0.8377
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD: Mind the Traps – Here's Why Traders Lost MoneyIn this eye-opening video, I'll break down how sentiment meters and harmonic patterns can powerfully predict reversals, focusing on NZDCAD. Many traders lost money because they missed these crucial signals, and short sellers got trapped.
I'll walk you through the market action in June, showing exactly where I advised the best short positions and the unfortunate backlash of downvotes I received. Now, looking back, it's clear that my analysis was spot-on every time.
Join me as I dissect the trades and demonstrate how to avoid common pitfalls using advanced trading tools. Don't forget to like, comment, and subscribe for more insights and strategies to keep you on the winning side. Let's learn from these mistakes and improve our trading together! 🚀💹
NZDCADAfter reaching the price target of wave 5, we have entered the corrective wave correction. The corrective pattern has progressed exactly like the previous chart.
1.5 RR long opportunityAfter the bullish engulfing pattern, the price experienced a significant drop and formed a daily pivot. Consequently, the price could continue to decline; however, at the 0.8273 level, there are two strong support and demand zones that could lead to a price rejection.
The appeal of this long position lies in its risk-to-reward ratio of 1.5, with a small stop loss of approximately 30 pips.
Keep your trading simple.
2 possible directions of NZDCADFrom this price mapping we see that the pair is trying to determine the trend, currently the price is at the demand level. If it manages to break through the support area, the price will continue to the next support, but currently there is enough buy signal as confirmation. namely the formation of QM in TF H1
Paper Trading Challenge: Which Strategy Did the Best, Winner is The winner has now been decided! In this thrilling paper trading battle, we put four powerful trading strategies to the test: Harmonics Trading Strategy, Sentiment Trading Strategy, RSAI Blueprint Strategy, and Market Structure Strategy.
Throughout this episode, we:
Explained the fundamentals of each strategy.
Demonstrated real-time application of each trading approach.
Tracked and analyzed trades executed by each strategy.
Compared performance metrics including win/loss ratio, average return, and overall profitability.
Whether you're a seasoned trader or just starting out, this video offers valuable insights into the practical application of these popular trading techniques. Watch till the end to see which strategy emerges victorious and to learn tips and tricks you can incorporate into your own trading practice.
🔔 Don't forget to like, comment, and subscribe for more trading strategy battles and tutorials!
