Bullish Opportunity Seems price pushed downwards until a nice demand zone, all indicators are oversold and 1h price seems to have now found support.
CADNZD trade ideas
NZDCAD SHORTS Market Structure Bearish On HTF
Weekly and Daily around same AOI
Weekly Rejection at AOI
Weekly Bearish Engulfing
Previous Weekly Structure Point
Daily Rejection From AOI
Daily EMA Retest
H4 EMA Retest
TP at Daily Support
90% +3
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✅NZD_CAD SWING LONG🚀
✅NZD_CAD is trading along
The rising support line
And the pair will soon
Hit it so despite our
Bearish bias we will be
Expecting a local move up
After the retest
LONG🚀
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NZDCAD BUY NOWNZDCAD
Clearly see the bullish divergence place a buy stop order and set the TP to manage you risk my risk management.
BUY STOP = 0.82228
SL = 0.81705
TP = 0.2757
NZDCAD: Will Start Growing! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move up.
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NZDCAD Will Move Higher! Buy!
Here is our detailed technical review for NZDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.818.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.823 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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NZDCAD: Time For Pullback?! 🇳🇿🇨🇦
NZDCAD broke and closed above a resistance line of a falling wedge pattern,
after a test of a key daily horizontal support.
We can expect a pullback now.
Goals: 0.8233 / 0.825
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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
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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