NZDCAD SHORT
Daily:
- Hedge position
- Solid candle close
- Fib completion -68
- Strong S&D zone
Weekly:
- Strong S&D zone
- Overal trend with us
4H:
- Deceleration
*Possible P&P on 1H
CADNZD trade ideas
NZDCAD A SHARP BEARISH SHARK LIKE MOVE The pair NZDCAD is expected to make a sharp bearish move depending upon the fundamentals and technicals as indicated and explained on the chart.
NZDCAD | MT Long H4 | Milk Economy Over Oil Economy? Pair: FX:NZDCAD
Timeframe: H4 - Medium Term (MT)
Direction: Long
Technical Confluences for Trade:
- Stochastics are in Oversold Conditions on D1, H4 and H1 time-frames
- Price action is at a resistance trendline & also a horizontal trendline (Demand zone)
- Price is between the 61.8 - 78.6% Fibo retracement
- Aiming for the 38.2% Fibo Retracement which is also a supply zone.
Fundamental Confluences for Trade:
- Very different economies with market data gyration will pretty much determine the direction of this trade.
Suggested Trade:
Entry @ Area of Interest 0.8070 - 0.8100
SL @ 0.8021
TP 1 @ 0.8155 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.8223
Risk-to-Reward @ Approx. 2.27 (Depending on Entry Level)
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
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NZDCAD | Long H4 | Buy Limit | Milk/Oil Economy - 2nd EntryTechnical Confluences for Trade:
- Stochastics are in Oversold Conditions on H1 & H4 time-frame
- Price action is close to a Demand Zone (Yellow Area) & has Support Trendlines around
- Aiming for the next Consolidation Zone of Price Actions
Fundamental Confluences for Trade:
- Very different economies with market data gyration will pretty much determine the direction of this trade.
Suggested Trade:
Buy Limit @ 0.8098
SL @ 0.8051
TP 1 @ 0.8150 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 0.8213
Risk-to-Reward @ Approx. 2.40 (Depending on Entry Level)
________________________________
Boosts 🚀, Follows ✌️, Shares 🙌 & Comments ✍️ are much appreciated!
If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies.
If you want something analyzed, do drop me a DM. :D
________________________________
Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks.
Any websites / brokers / applications suggested here are also provided as informational purpose only.
________________________________
LONG TRADE IDEA ON NZDCADCP Pattern: price showing a strong bullish momentum on the 1hr time frame. looking to catch a short term long trade at the mitigation of the 1hr continuation pattern.
NZD-CAD Will Fall! Sell!
Hello,Traders!
NZD-CAD is moving up
Now but the pair is
Locally overbought so
After it hits a horizontal
Resistance of 0.8255
A local bearish correction
Is to be expected
Sell!
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Check out other forecasts below too!
✅NZD_CAD MOVE DOWN AHEAD|SHORT🔥
✅NZD_CAD is going up to retest a horizontal resistance of 0.8251
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 0.8219
SHORT🔥
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NZDCAD SHORTMarket Structure Bearish on HTF
Weekly Rejection at AOI
Weekly and Daily Around same AOI
Around Psychological Level
Daily Rejection at AOI
Strong Bearish Momentum
H4 EMA Retest
Rejection on H4 Time Frame
Strong Level of Support Turned Resistance
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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NZDCAD sell alert 💰💰 now ❗❗Due to the high purchase made my RSI indicates a bearish trend loading up
Sell now and made some profits
NZDCAD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8170
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8149
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
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WISH YOU ALL LUCK
NZDCAD: Bullish ContinuationNZDCAD printed a Bullish Cup and Handle pattern with no signs of divergence on the RSI.
Entry is suggested on 38.2% retracement level with Stop Loss on the previous Higher Low. TP levels are defined with RRR of 1:1 and 1:2.
NZDCAD BEARISH FLAGNZDCAD confirmed a bearish breakout on the flag formed which is now expected to retrace or retest back towards the bottom level of support. Here we witness a nice retracement which likely to accumulate more selling pressure for a bearish trend.
NZD/CAD Buy Position Active. 4HR TimeframeJust took a buy on NZD/CAD.
I really like the look of this trend continuation on the 4HR timeframe.
Looking for a 2% Risk Reward on this.
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 after price filled the imbalance and rejected from bullish order block + trendline.
Fundamental news: Tomorrow we will see result of Unemployment Rate on NZD, news with high impact on currency.
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NZDCAD Will Collapse! SELL!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8150
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8126
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
NZDCAD: Scalping Setup?! 🇳🇿🇨🇦
There is a nice scalping buying opportunity on NZDCAD.
The price test a solid rising trend line on a 4H time frame.
As a bullish confirmation, the price formed a double bottom
pattern on 30 minutes time frame and broke its neckline.
We can expect a bullish movement to 0.8147 / 0.8158 levels.
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NZDCAD SELL TIMEHello traders,
Hope all of you having a profitable year, this paid I have been following for couple of weeks now and been waiting to have a successful short so today is the day which I have been waiting for.
The channel is clear and our SL should be like 20-40 pipe above the highs to be safe, good luck everyone.
NZDCAD - trading session no.186.45pm - 7.40pm
overall everything went smooth EXEPT I PUT MY SL ON BREAKEVEN WHEN PRICE HIT MY 1RR
I shouldve waited for a break of the 1RR and then maybe moved the stop
--->either to breakeven
--->or to 1RR to at least gain some profits
anyways its really the first time experimenting with TPs
couldve been a +2.1 pip day (+3RR) but well, learning is a part of the game
LONG TRADE ON NZDCADIMPULSE AND CORRECTION: the overall trend is downward and now we're having a realignment to the weekly zone where price broke out from. hoping to catch a long trade and a short at the same time
LONG AND SHORT TRADE ON NZDCADimpulse and correction.. the overall movement is a downward trend and we're just having a minor correction from an impules.
NZDCAD - 1D - DOUBLE BOTTOMS - LONGIn this chart we have observed LH & LL and at the bottoms we have bottoms almost equal LL's . which gave us the sign of potential breakout if it breaks the neckline, which is our entry area.
what you say about that.
