NZDCADLast time we follow the price perfectly.
So, let´s play again.
This asset is bullish in the medium term, so we need to look fo buy options.
Here you have 2 areas to look for long set up.
blessings.
thks.
CADNZD trade ideas
NZDCAD WILL BE BULLISH NZDCAD is following the trendline on 2H time frame also printing bullish divergence
NZDCAD EVERYDAY TRADE SETUP 4HHello traders ,
This my idea for Short. NZDCAD collect BUY side liquidity. NOW market ready for short .
this is my ideas only. what you are flow your trading statistics you can continue.
If you need more my ideas follow me.
NZDCAD Will Go Higher! Long!
Here is our detailed technical review for NZDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.842.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.846 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Market Overview Part 12 Me Going Over My Full Strategy In Deep Detail Just like The Other 11 Videos LOL
NZDCADLooking to enter on this trade soon depending if certain confluences line up but so far there are good confluences showing itself like all three timeframes in sync , at well respected zone and the fact that on the 1hour price switched structure into bullish. Just a quick analysis let's see what happens and if price give me the green light to enter
NZD_CAD POTENTIAL LONG|
✅NZD_CAD retested the
Horizontal support of 0.8400
And the pair is already making
A bullish rebound so I will be
Expecting a further move up
LONG🚀
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NZD/CAD: Capitalizing on RBNZ Stability and BoC DovishnessHello Traders,
In the coming week, we are closely monitoring NZD/CAD for a potential buying opportunity around the 0.84090 zone. NZD/CAD is currently trading in an uptrend and is undergoing a correction phase, bringing it closer to the key support and resistance area at 0.84090. This level has historically served as a significant pivot point for price action, making it an attractive entry point for long positions.
From a fundamental perspective, the Reserve Bank of New Zealand (RBNZ) is maintaining a steady stance and is not looking to cut rates anytime soon. In contrast, the Bank of Canada (BoC) seems to be on pace to cut rates, given the easing inflationary pressures in Canada. This divergence in monetary policy favors the NZD over the CAD, adding strength to our bullish outlook on NZD/CAD.
Additionally, the overall bullish sentiment in the stock market could further benefit NZD/CAD due to the positive correlation between risk-on environments and NZD strength. This confluence of technical and fundamental factors makes the 0.84090 zone a strategic area to look for buying opportunities in NZD/CAD.
Trade safely,
Joe
NZDCAD Will Go Higher! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.841.
The above observations make me that the market will inevitably achieve 0.846 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
NZDCAD LONGMarket Structure is Bullish on HTFs DW
Weekly and Daily at the same AOi
Weekly rejection from AOi
Daily Rejection At AOi
Entry at Daily HL point
Around Psychological Level 0.84000
H4 Candlestick rejection
Levels 3.83
Entry 75%
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
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NZD-CAD Risky Long! Buy!
Hello,Traders!
NZD-CAD went down again
To retest the horizontal
Support level of 0.8392
And it is a strong level
So we will be expecting
A local move up
Buy!
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Check out other forecasts below too!
NZDCAD - Long active !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here as we have a confluence of confirmations, price rejected from bullish order block + liquidity zone + institutional big figure 0.84000.
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NZD CAD - Long1. NZD CAD has formed a Double bottom on 1 hour time frame.
2. Bullish divergence has been formed.
3. A long position can be considered once the resistance level around 0.84184 is broken.
DeGRAM | NZDCAD continued growth in the channelNZDCAD is trading in an ascending channel between the trend lines.
The price is above the support level, which has already acted as a reversal point three times.
The chart formed a pattern AB=CD, after which it reversed and reached the lower boundary of the channel, as well as the dynamic support.
We expect a rebound.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
NZDCADNZD/CAD currency pair, specifically looking to enter around the 0.84630 level after a correction from an overbought (OB) area. Here are a few points to consider based on your statement:
Correction from Overbought Area: If the price is currently in an overbought condition, it may indicate that a correction or pullback is likely. Traders often look for these corrections to enter trades in the direction of the longer-term trend.
Entry Point: You mentioned an expected entry point of 0.84630. It's important to have a clear strategy for entering the trade, whether it's based on technical indicators, price action signals, or a combination of factors. Ensure your entry point aligns with your overall trading plan.
Stop Loss: Setting a stop loss is crucial to manage risk. It's good practice to determine your stop loss level before entering the trade based on your risk tolerance and the technical analysis of the market. This helps protect your capital in case the trade moves against you.
Trade Management: Consider your profit target and how you plan to manage the trade once it's open. This could include trailing stops, scaling out of positions, or exiting at predefined levels of support/resistance.
Market Conditions: Always be aware of broader market conditions, economic news, and geopolitical events that could impact currency pairs. These factors can influence price movements and should be factored into your trading decisions.
Remember, trading involves risk, and it's essential to have a well-defined trading plan, including entry and exit strategies, risk management techniques like stop losses, and an understanding of the factors influencing the market you're trading.
NZD_CAD LONG FROM SUPPORT|
✅NZD_CAD is about to retest a key structure level of 0.8400
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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#NZDCAD: 500+ Pips Buying Chance, Do your own research first! NZDCAD price has sky rocketed due #cad bearish movement, we expect price to make a strong correction as we may see strong bullish price movement taking price to new level at 0.88. Please use your own analysis and knowledge before taking this idea. We wish you good luck trading next week.
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NZD CAD - Long Set UpShowing Signs of reversal on 1H TF. I have my buy stop / entry at 0.84470. Good Luck
Entry 0.84470
Stoploss 0.84261
TP-1 0.84678
TP-2 0.84894
#Trading #Technical #Crypto #Stocks #commodities
NZD/CAD LONGNZD/CAD LONG " break of structure + 72% fib retracement "
The Bank of Canada voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower
"NZD/CAD comes into focus as the Reserve Bank of New Zealand recently stressed that they are not in a position to cut rates any time soon."
Market overview / part9!me Going Over My Full Strategy In Great Detail. And WHat Trades I Will Take Very Soon!
NZDCAD M15 IdeaPotential for a bearish pullback on the NZDCAD M15 which could lead to a price movement towards the support level at 0.84100
NZDCAD LONGPrice created new highs and my previous AOi was not retested, Looking for the next push from this current AOi;
Market Structure is Bullish on HTFs 30%
Weekly and Daily at the same AOi
Weekly rejection from AOi
Daily Rejection from AOi
Previous Daily Structure point
H4 Candlestick rejection
Levels 4.03
Entry 90%
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
Bearish Harmonic $NZDCAD dailyThe NZDCAD has reached a supply zone, as the daily chart shows. The pattern is valid until 0.84630, above which is the stop-loss. The target is 0.82428. The weekly range high was reached yesterday and today.
