NZDCAD Risky Long! NZD-CAD is trading in an
Uptrend and the pair broke
The falling resistance
Which is now a support
Then made a retest and
Is going up again so I think
That we will see a further move up !
CADNZD trade ideas
NZDCAD: Short Signal Explained
NZDCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCAD
Entry - 0.8299
Sl - 0.8343
Tp - 0.8223
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD - Bullish TrendNZDCAD is making Bullish Trend with breakout of Ascending Triangle, will it move towards its target?
Entry, Stop Loss & Take Profit are mentioned.
NZD/CAD H4 | Pullback resistance at 161.8% Fibonacci extensionNZD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.8322 which is a pullback resistance that aligns with the 161.8% Fibonacci extension level.
Stop loss is at 0.8361 which is a level that sits above a pullback resistance.
Take profit is at 0.8277 which is a pullback support.
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NZDCAD → Consolidation prepares the market for a trend change ↑FX:NZDCAD is breaking the current bearish trend and forming a bullish off-trend pattern. Focusing on the 0.82863 "trigger" resistance, bulls are targeting it to break this area...
Accumulation is forming in relation to the mentioned zone, if the structure will remain, and buyers will continue active attacks towards the "trigger", then in the long term we can look for an entry point for a breakdown.
The market is still restrained by MA-200 & MA-50, but the 200-day line is undergoing a third retest, which generally increases the chances of price consolidation above the key SMA. Globally we have a neutral trend, locally the market sentiment is starting to turn bullish.
The structure will be broken if the price consolidates below 0.82239.
Resistance levels: 0.82863, MA-200
Support levels: 0.82239, MA-50
Fundamentally, the situation in New Zealand is calming down and the market is starting to recover losses. Emphasis on the ascending triangle on H4, it is possible to build short-term and medium-term prospects in relation to this figure
Rate, share your opinion and questions, let's discuss what's going on with ★ NZDCAD ;)
Regards R. Linda!
NZDCAD SHORTS
Market structure bearish on HTF DH
entry at both Weekly and Daily AOi
Weekly rejection from AOi
Weekly EMA retest
Daily Rejection from AOi
Daily EMA retest
Previous Daily Structure Point
Around Psychological Level 0.82500
H4 Candlestick rejection
Rejection from Previous H4 structure
Levels 5.38
Entry 105%
Potential 100 pip move
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
NZDCAD consolidation over now reedy for the Long Run!The Analysis shows strong uptrend after consolidation! Have profitable Trade.
NZD/CAD possible uptrend continuation OANDA:NZDUSD has created a good resistance area and has seemed to respect it quite a bit. If this resistance is broken, we will likely see a strong up move. What do you think?
NZDCAD..BUYAfter the price reaches the specified level,
Enter the buy deal with the Hammer candle or Ingulf candle signal
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
NZDCAD TRADE IDEAPair Name:
👍 Classic bearish formation
👍 Our team expects Retest & go fly
SUGGESTED TRADE IDEA :- NZDCAD short time buy setup created. If your analysis matches it take a trade otherwise skip the trade. Share your opinion with us.
Start protection of your profits from lower levels
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Price Action on NZDCADDISCLAIMER NOTICE!
This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
NZD/CAD H4 AnalysisPrice has printed a 3rd rejection of 0.8283 on Friday with an Evening Star pattern. We could now see price gravitate towards the trend line and potentially a break out lower confirming the triple top pattern. If this happens then price could drop all the way down to 0.8080 where we last found major support in April this year.
NZDCAD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8259
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8214
My Stop Loss - 0.8288
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 TRIPLE TOP REJECTION SELLNZDCAD Pattern rejection from top
Selling on based of technical analysis and seasonality
TRIPLE TOP
REJECTION
SELL
R/R 1:3.5
NZDCAD 08/08/2024Weekly:
-Inverse H&S pattern.
-IC rejected.
Daily:
-Inverse H&S pattern.
-Bullish M pattern.
4H:
-Inverse H&S pattern.
-IC.
NZDCAD LONGBased of the monthly.
What we call a V-formation, followed by a test.
The test comes in with weak sellers and very slow.
Followed by strong buying power, where sellers can't do much.
Price has turned in a range, where the buyers seem to be stronger.
Entry will be based of a mix of Daily, 4H and 1H
NZDCAD in an Ascending ChannelNZDCAD in an Ascending Channel
Technical Analysis:
NZDCAD is moving inside a daily "Ascending Channel"
From the chart, we can see that the price respected the support zone of the pattern several times.
Currently, the price is tested at 0.8150 and the support line can attract more buyers thus raising the bullish momentum.
Next week we also have the RBNZ rate decision, which could add some fuel to the fire.
You may find more details in the chart!
Thank you and Good Luck!
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NZDCAD will go down
NZD-CAD is trading downtrend and making LHs and LLS.
Two time Rejection from fib level 61.8% and making Bearish Divergence on RSI show the continuation bearish trend
We will see a further move down
Sell!
NZDCAD 4 Hours Technical Analysis ProjectionWe have just spotted a good selling opportunities on NZDCAD 4 Hours Chart as price printed a double top formation at a structural level. This is one of the setups we don't want to miss out on.
1 Hour chart also shows a bearish corrective formation which may give room for sellers to jump onboard.
NZDCAD Will Collapse! SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8260
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8215
Safe Stop Loss - 0.8292
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZD/CAD Analysis: Bearish Outlook with Expected Drop to 0.8184Hello Traders,
I'm currently analyzing NZD/CAD and I see a potential bearish movement ahead.
Key Levels:
Current Price: $0.8278
Target Support Level: 0.8184
Resistance Zone: $0.8270
Analysis:
Price Action: The price has been under selling pressure recently, and I anticipate a further drop to the 0.8184 support level. This level has previously acted as a strong support zone.
Indicators:
RSI: Indicating overbought conditions, suggesting a potential for further downside.
MACD: Showing bearish momentum, supporting the case for a continued decline.
Volume: Increasing volume on the recent downtrend indicates strengthening selling pressure, aligning with the expected drop.
Strategy:
Entry Point: Look for potential sell opportunities around the current price with a target of $0.8184. This level has significant support and could act as a strong price floor.
Stop Loss: Consider placing a stop loss close to the break-away level at $0.8287 to manage risk effectively.
Conclusion:
Monitor the NZD/CAD pair for potential selling opportunities targeting 0.8184. As always, manage your risk and trade safely.
Happy Trading!
@TheLastLuftwaffe
