Risky RR 4.5 Buy ideabullish crab pattern + RSI Divergence + falling wedge pattern + bat pattern seen on higher timeframe : possible reersal scenario
PS neve risk more than 2 % of your capital per trade
CADNZD trade ideas
Nzdcad buy bat patternNzdcad buy the bat pattern ,XA 88.6%= D align with AB ext 161.2%……bat confiurmed
NZD/CAD Trend Reversal A "higher low, lower low" pattern typically indicates a potential trend reversal from an uptrend to a downtrend. However, if we're considering converting it into a "higher high" pattern, it would involve looking for signs of a potential continuation of the uptrend.
In such a scenario, after observing the "higher low, lower low" pattern, traders would watch for the formation of a new high that surpasses the previous high. This would suggest a return of bullish momentum and a potential continuation of the uptrend.
So, in summary, converting the "higher low, lower low" pattern to a "higher high" pattern involves waiting for the market to form a new high that exceeds the previous high, signaling a potential continuation of the uptrend.
NZDCAD in Bearish TrendNZDCAD is printing a series of lower highs and lower lows, forming a bear trend.
NZDCAD is making a continuation of bearish trendNZDCAD is moving in bearish trend so according to dow theory it will make series of Lower LOW and LOWER HIGHS untill it breaks it previous LOWER HIGH.
NZD-CAD Long From Support! Buy!
Hello,Traders!
NZD-CAD is going down now
But the pair will soon hit
A horizontal support level
Around 0.8157 from where
I think we will see a
Local bullish reaction
Buy!
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Check out other forecasts below too!
NzdCad Trade IdeaI shorted NC for a potential 1:3rr! No higher time frames show price respecting a resistance level which made price flip to the downside! I’m looking to get into a continuation here. Stops are just above structure on the lower time frame. If price breaks those lower time frame bearish structures than we could expect NC to continue ranging between 0.81950 and 0.82350.
NZDCAD looking good to enter in bullish phasewith bullish divergence, the pair is looking good to start a reversal trend and make new HH and HL
NZDCAD: Possible rebound around 0.813If the current bearish trend persists, NZDCAD may find support around the key level of 0.813, potentially leading to a rebound. Our price target for the end of June 2024 is projected to be in the range of 0.83 to 0.837.
NZDCADCurrently, NZDCAD is making LH and LL. a bullish divergence appeared on one hr time frame and the instruments get bounce from very strong support zone. breakout of 0.8238 level will bring back buyers and price can go up.
NZDCAD AnalysisPrice is approaching an demand zone on the weekly chart, my bias is bullish.
But to buy, I need to see some form of lower timeframe confirmation once price retest my zone.
NZDCAD 📈 Strong Long Idea ✔✔✔😎All the thoughts are shown on the graph.
If the price does not break the strong support zone down. Then the possibility of getting price rejection is high.
Let's see what happens.
Good Luck!!! 🙌🏽❤
✅NZD_CAD WILL KEEP FALLING|SHORT🔥
✅NZD_CAD is trading in
A downtrend and the pair
Is now making a bearish
Pullback from the horizontal
Resistance level of 0.8257
Which reinforces our bearish
Bias and makes me think that
The pair will keep falling
SHORT🔥
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NZDCAD: Bearish Outlook Explained 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily structure support.
After a breakout, the price retested a broken zone and formed
a symmetrical triangle on an hourly time frame.
The support of a triangle was broken.
It is a strong intraday bearish confirmation.
I expect a bearish movement to 0.8225
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idea on a trade We have a great trade here where price is rejecting the order block. I dont trade this pair often. But the set up looks great.
NZDCAD: Long Signal Explained
NZDCAD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy NZDCAD
Entry Level- 0.8248
Stop - 0.8232
Take - 0.8284
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD Will Explode! BUY!
My dear followers,
I analysed this chart on NZDCAD and concluded the following:
The market is trading on 0.8233 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8270
Safe Stop Loss - 0.8209
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCAD - Keep It Simple 📊Hello TradingView Family / Fellow Traders,
On 4H: Left Chart
NZDCAD has been overall bearish trading within the falling channel in blue. Currently, NZDCAD is approaching the lower bound of the channel so we will be looking for sell setups on lower timeframes.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the neckline highlighted in gray.
📉 Meanwhile, NZDCAD would be bearish short-term and can still trade lower.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bullish OppertunityPrice seems to have found support on the bottom of the bullish 4h trendline, according to 4h stoch and RSI we are in oversold territory which confirms a bit of bullish reversal.
Short (Bearish Bias)Multiple time frame analysis sees this pair continuing to head down, Fibonacci pullback, and trade execution in the red zone.
NZDCAD POTENTIAL LONG TRADING OPPORTUNITYHello Trading View! Hope you're all having a blessed weekend so far! Just wanted to come on here and post a potential opportunity I see on NZDCAD for this upcoming week or two. SO lets dive in!
When looking at price on the daily we can see overall structure is bullish/demand driven market with higher highs and higher lows being formed...with strong momentum from the buyer side in this market. This is a good sign that the market is being driven by demand of NZD vs CAD and gives us a potential opportunity for some upside from an zone of demand. I marked off the zone in blue on the charts so you guys can see the area I am looking to take swing trades long to the upside. NOW I am not necessarily aiming for the moon on this. But I think it will give a good opportunity to the upside for some potential good R:R (risk to reward) opportunities.
Keep an eye for how the sellers momentum is coming into this level of demand. Watch how the buyers start to react at demand and look for some potential opportunity to the upside to further levels of supply or resistance on this pair. The reason I am not looking for a home run on this trade is because there are some higher TF demand zones sitting lower for this currency so I am waiting to see if those zones want to come get filled or this could be a launching pad for prices to move higher if it is still a strong demand driven market. Let's see!!
Keep an eye out guys! Cheers! God Bless!
