CADNZD trade ideas
NZDCAD SHORTMarket structure bearish DH
entry at both Weekly and Daily AOi
Weekly Rejection from AOi
Strong Weekly Bearish momentum
Daily Rejection from AOi
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.42
Entry 80%
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: Bullish Sentiment Confirmed?! 🇳🇿🇨🇦
NZDCAD has a nice potential to grow after a test of a major rising trend line on a daily.
I see a clear sign of strength of the buyers on a 4H time frame with a double bottom formation
and a confirmed change of character.
I think that the pair will reach 0.82 level soon.
❤️Please, support my work with like, thank you!❤️
NZD CADNZD CAD
- Trading within a channel
- Long-term bullish trend albeit a short-term bearish trend
- Possible bounce off lower support and movement towards upper resistance
We have displacementWe have a daily breaker block as our higher timeframe base and and a broken structure before price hiked to clear the swing high at 0.81600. The gathered data indicates a strong bullish market because price filled the fair value gap imbalance, mitigated the order block and we have a clear displacement due to the body close that spiked 0.81700. From here we ought to expect a flip to the unmitigated fresh demand zone for bullish positions. Going aggressive on this one is optional, looking to execute at 0.81420, stop loss of 15 pips just below the demand zone for price to breathe and we are targeting the supply zone at 0.82020 which adds up to a 60 pip target…
NZDCAD Bullish 4H TF(4Div, BOS)NZDCAD shows bullish momentum supported by bullish divergence and break of previous LH or Break of Structure (BOS). Entry is taken with a buy stop placed at 15 pips above the previous LH and SL below the previous LL. TP is at 1:1 at the passing of falling trendline.
What do you think, will it work?
NZDCAD-LONGNZDCAD was trading in a bearish trend for past week now it has reaversed from daily resistance and weekly trednd line and broke the last lower high so we are optimist for a bull run here
SELL NZD/CADHello guys, i am going short on NZD/CAD, we have a nice liquidity sweep, market on down trend from the higher time frame. a bearish engulfing for my entry confirmation.
NZDCAD AnalysisNZDCAD is currently in a bearish trend, but there is a bullish divergence on the last two lower lows. If the price breaks the last lower high, it will signal a reversal to a bullish trend.
nzdcadnzdcad broke its rising trend that it could not break for a long time, so I expect a downward movement.
NZDCADWe were reacting to the support level and we are expecting an upswing... with a suitable risk to reward
Bulish NZDCAD is expectedNews in this week are very important, but technically the bullish pattern for NZD is more probable.
NZDCAD ShortThis currency has been forming a rising flag for the past few weeks and as for now, it is testing the support zone at 0.813.
Let us wait and see if it will break out of that trendline, retest the zone so that we can have a clear entry position.
NZDCADLooking for a sell on NZDCAD this week just waiting for a strong sell signal to enter the trade.
NZDCAD Retracement Trade IdeaHi team, as we can see the overall trend is bearish, but we will expect a retracement first before a sweep of buyer liquidity in red level, remember to use money management yeah
NZDCAD: Classic Trend-Line Trade 🇳🇿🇨🇦
NZDCAD tested a major rising trend line on a daily.
After its test, the price formed a narrow range on an hourly time frame.
The resistance of the range was broken.
It is an important sign of strength of the buyers.
I bought the pair with 0.8156 target
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NZDCAD - BUYNZDCAD is taking support from bullish trend line and RSI Divergence at Lower time frame.
nzdcad buy setuphi traders
this level of price is important
im watching priceaction to this level
if I see setup in low timeframe I will entry
NZD/ CAD !! 7/26 trendline Uptrend✍️ NOVA hello everyone, Let's comment on NZD/CAD price long-term trend
🔥 Identify:
D1 - long-term time frame shows that the price is following the Uptrend line - touching the trendline. wave 5
🔥 Technically:
Based on the resistance and support areas of the NZD/CAD price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: 0.82500 - 0.84000 - 0.85500
🔥 NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NZDCAD BearingBias Bearish
Fundamental Analysis
NZD is weakest performing currency.
CAD is also bearish but not as weak as NZD
Price Action:
Price broken H4 SR level then a small pullback and broken H1 SR level. 2 confirmation pattern that price is bearish. Trade based on breakout pattern. High volatility momentum
Set up:
Short trade entry at Broke H1 SR level.
TP 2x H1 ATR(20)
TP next lower SR level for daily tf R:R 1:4
NZDCAD WEEKLY SYMMETRICAL TRIANGLE, RETEST@78.6% 483 PIP MOVE?Trading the Symmetrical Triangle
Identify the Pattern: Recognize the symmetrical triangle on the price chart by connecting the series of lower highs and higher lows.
Wait for the Breakout: Do not enter a trade until the price breaks out of the triangle. A breakout is confirmed when the price closes outside the trend lines, either above the upper trend line or below the lower trend line.
Volume Confirmation: Look for an increase in volume during the breakout to confirm its validity.
Set Entry Points:
For an Upward Breakout: Enter a long position when the price breaks above the upper trend line.
For a Downward Breakout: Enter a short position when the price breaks below the lower trend line.
Set Stop-Loss Orders: Place stop-loss orders to manage risk. For an upward breakout, a stop-loss can be placed just below the lower trend line, and for a downward breakout, just above the upper trend line.
Set Profit Targets: Measure the height of the triangle (the vertical distance between the initial high and low) and project it from the breakout point to set profit targets.
NZDCAD broke strukture on weekly, swing trading I like to keep my trading analysis simple. I have been backtesting and trading this way for a while, and it has been working quite well. The key is to be patient and wait for the right opportunity. We had a bullish break of structure, so I will wait until it fills the lower weekly FVG to buy, with my target set at the psychological level of 0.87000.
