CADNZD trade ideas
Short OpportunityPrice seems to not have been able to break structure and remains bearish, price seems to be overbought as per indicators and also reached top of KC. Price is also nicely above MA's for an entry
SELL NZD / CADTesting the broken structure, the price formed a double top pattern
on an hourly time frame, giving us an intraday bearish confirmatioN
NZDCAD: Top-Down Analysis & Bearish Outlook 🇳🇿🇨🇦
NZDCAD nicely respected a recently broken key horizontal daily support.
After its bearish violation, an underlined blue area turned into resistance.
Testing the broken structure, the price formed a double top pattern
on an hourly time frame, giving us an intraday bearish confirmation.
We can expect a retracement at least to 0.8136
❤️Please, support my work with like, thank you!❤️
NZDCADpending order: Sell
We´ll look for little retracement and we´ll enter.
Risk:Reward 1:2
Good luck.
If prices continues going down fast we´ll remove the pending order.
thanks.
NZDCAD- Bullish TradeNZDCAD in bearish trend depicted trend reversal through bullish divergence. Now trading in Bullish trend with EP ( Fib Golden Ratio), SL and TP 1 & 2.
NZDCAD ____ INCOMING BULLISH MOVEHello Guys,
This is one setup that has been on my radar and it does set up nicely.
On the monthly chart, we have both the M & W pattern which suggests the bull run. On the weekly chart, we have the M pattern which has taken out weekly sell-side liquidity and would likely trigger the bullish move which will form the retracement for the M pattern.
You can check out my page for more trade ideas.
Cheers,
Jabari
Buy NZDCAD 03/04/2024Good Morning traders
I am long NZDCAD at market prices
SL: 0.8059
TP: 0.8252
I am only sharing my trades, not a recommendation to enter the markets.
NZDCADHello Traders,
A sell opportunity is in front of me and I would love to share the same with everyone.
Please note that SL is tight.
Make That Money Indicator Signals Buy for $NZDCADMTM has printed a 30m buy signal. The price has retraced to sell signal candle open and demand zone formed at this price. We should get a nice bounce off this area to the previous swing high/supply zone (4h).
Nzd cad.... Will only buy if the level get brokenNzdcad will need confirmation like I have shown to be able to buy
Nzdcad, will go long if the entry set up get complete. The market will go long, the set up is not yet complete, if it get complete this will be a good set up for long, but the market is at the point of interest.
NZDCAD Is Going Down! Short!
Here is our detailed technical review for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.807.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NZDCAD: Intraday Bearish Confirmation 🇳🇿🇨🇦
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD.
After a retest of a broken structure, the pair formed a nice intraday bearish confirmation.
I spotted a horizontal range on a 4H time frame with a breakout of its support.
Such a violation increases the probabilities that the market will keep falling.
Goal - 0.805
❤️Please, support my work with like, thank you!❤️
SHORT 4/1/24Daily downtrend, 1hr supply entry inside 4hr supply, targeting thru daily demand, 5:1 RR. RISKIER.
NZDCAD: Important Breakout 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The broken structure turned into a resistance and we see a strong
bearish reaction after its retest.
The pair may keep falling.
Next support will be 0.8045
❤️Please, support my work with like, thank you!❤️
$NZDCAD 4H Time Frame Trade Idea for the Week 4/1/2024 TO 4/5/20OANDA:NZDCAD 4H Time Frame
Trade Idea for the Week 4/1/2024 TO 4/5/2024
NZDCAD- CAD IS BULLISH ONCE MOREFollowing series of CAD hawkish policies, It is no doubt the market had a significant change of power this last few trading days.
NZDCAD is expected to make a swift retest to the previous support turned resistance, after which will prove my bearish sentiment, after the successful retest.
I am calling a big short on this pair, what is your Bias?
THIS IS FOR EDUCATIONAL PURPOSES ONLY!!!
NZDCAD: Great Trading Opportunity
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8093
Sl - 0.8050
Tp - 0.8181
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD ready to fly?Looking at NZDCAD we a at support we failed to break last time, i would expect the same to happen again. Keeping stops at 30 pips , initial target being 80 pips and till resistance looking at at least 170 pips. Lets see how far we can go on this could be a reversal.
NZDCADAfter a Wycoff Accumulation and spring price likely to reverse. Entry can be or wait for retest.
NZDCAD - Important Breakout 📉Hello Traders !
On Wednesday 29 Nov, The NZDCAD Reached a Resistance Level.
The Price Formed a Double TOP Pattern.
Currently, The Neckline is Broken !
So, I Predict a Bearish Move 📉
TARGET: 0.80090🎯
