NZDCAD LONGMarket Structure is Bullish on HTFs DW
Weekly and Daily at the same AOi
Weekly rejection from AOi
Daily Rejection At AOi
Entry at Daily HL point
Around Psychological Level 0.84000
H4 Candlestick rejection
Levels 3.83
Entry 75%
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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CADNZD trade ideas
NZDCAD - Long active !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action from here as we have a confluence of confirmations, price rejected from bullish order block + liquidity zone + institutional big figure 0.84000.
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DeGRAM | NZDCAD continued growth in the channelNZDCAD is trading in an ascending channel between the trend lines.
The price is above the support level, which has already acted as a reversal point three times.
The chart formed a pattern AB=CD, after which it reversed and reached the lower boundary of the channel, as well as the dynamic support.
We expect a rebound.
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NZDCADNZD/CAD currency pair, specifically looking to enter around the 0.84630 level after a correction from an overbought (OB) area. Here are a few points to consider based on your statement:
Correction from Overbought Area: If the price is currently in an overbought condition, it may indicate that a correction or pullback is likely. Traders often look for these corrections to enter trades in the direction of the longer-term trend.
Entry Point: You mentioned an expected entry point of 0.84630. It's important to have a clear strategy for entering the trade, whether it's based on technical indicators, price action signals, or a combination of factors. Ensure your entry point aligns with your overall trading plan.
Stop Loss: Setting a stop loss is crucial to manage risk. It's good practice to determine your stop loss level before entering the trade based on your risk tolerance and the technical analysis of the market. This helps protect your capital in case the trade moves against you.
Trade Management: Consider your profit target and how you plan to manage the trade once it's open. This could include trailing stops, scaling out of positions, or exiting at predefined levels of support/resistance.
Market Conditions: Always be aware of broader market conditions, economic news, and geopolitical events that could impact currency pairs. These factors can influence price movements and should be factored into your trading decisions.
Remember, trading involves risk, and it's essential to have a well-defined trading plan, including entry and exit strategies, risk management techniques like stop losses, and an understanding of the factors influencing the market you're trading.
NZD_CAD LONG FROM SUPPORT|
✅NZD_CAD is about to retest a key structure level of 0.8400
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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#NZDCAD: 500+ Pips Buying Chance, Do your own research first! NZDCAD price has sky rocketed due #cad bearish movement, we expect price to make a strong correction as we may see strong bullish price movement taking price to new level at 0.88. Please use your own analysis and knowledge before taking this idea. We wish you good luck trading next week.
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NZD/CAD LONGNZD/CAD LONG " break of structure + 72% fib retracement "
The Bank of Canada voted to cut interest rates at its June meeting from 5% to 4.75%, relying on its improved confidence that inflation is heading lower
"NZD/CAD comes into focus as the Reserve Bank of New Zealand recently stressed that they are not in a position to cut rates any time soon."
NZDCAD LONGPrice created new highs and my previous AOi was not retested, Looking for the next push from this current AOi;
Market Structure is Bullish on HTFs 30%
Weekly and Daily at the same AOi
Weekly rejection from AOi
Daily Rejection from AOi
Previous Daily Structure point
H4 Candlestick rejection
Levels 4.03
Entry 90%
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
NZDCAD LONGMarket Structure Bullish on HTFs 30%
Weekly and Daily at the same AOi
Weekly rejection from AOi
Daily Rejection from AOi
Around Psychological Level 0.84000
H4 Candlestick rejection
Rejection from H4 Previous structure
Levels 5.42
Entry 95%
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
#Follow#Share#Comment#Boost
NZDCAD - Long active !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action continuation after price rejected from trendline + liquidity zone + institutional big figure 0.84000.
Like, comment and subscribe to be in touch with my content!
NZDCAD Will Go Higher From Support! Long!
Here is our detailed technical review for NZDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.841.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.845 level soon.
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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