NZDCAD break and retest of supportNZDCD BR of H4 support, broken short term h1 retracement uptrend for potential 30 pip downward move. SL above last high, above zone, TP 1:1 from SL.
CADNZD trade ideas
NZDCAD Will Go Down! Sell!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.817.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Sort NZDCAD I was so surprised to realize that I didn't posted this yesterday, but I already entered a trade here on NZDCAD.
NZD-CAD Will Go Down! Sell!
Hello,Traders!
NZD-CAD keeps going
Down and the pair broke
The key horizontal level
Of 0.8195 then made a
Pullback and retest and now
I think it will go further down
Sell!
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NZDCAD Will Keep Falling!NZD-CAD is trading in a
Downtrend and the pair
Broke out of the bearish
Pennant pattern so I am bearish
Biased and I think that we
Will see a further move down
NZDCAD: some correction?A price action below 0.8170 supports a bearish trend direction.
Increased bearish support for a break below 0.8150.
The target price is set at 0.8040.
The stop-loss price is set at 0.8285.
The price action remains in a declining channel pattern, supporting a bearish trend direction.
Dipped below its 200-day simple moving average.
Remains a risky trade.
NZDCAD: Bearish Wave is Coming?! 🇳🇿🇨🇦
Have a look at NZDCAD.
After a strong bearish wave that initiated at the beginning of January,
the pair was consolidating for 2 weeks.
Friday's NFP was very bearish for the pair and the market set a new lower low lower close
on a daily, violating a key horizontal support.
It may initiate a new bearish wave.
Next support - 0.8115
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NZDCAD SHORT - STRONG BEARISH MOMENTUM!Waiting for a break and retest at 0.81744 to short NZDCAD back to Daily swing low at 0.79870
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NZDCAD Long Trade SetupNZD CAD Long Trade Setup
Moving into a channel/Accumulation Phase
Expected to break this channel and a Bullish Run
SL will be last LL and Entry will be when the channel breaks, a buy limit order, can be a swing trade.
Entry,SL and Target are defined.
If trend continues or makes a bearish move, then this setup will get invalid
✅NZD_CAD BEARISH BREAKOUT|SHORT🔥
✅NZD_CAD is trading in
A downtrend and the pair
Broke the key horizontal
Level of 0.8187 and the
Breakout is confirmed so
I think that after some
Correction we will see
A further move down
SHORT🔥
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NZDCADNZDCAD is currently in a long term down trend and has recently broken below this level of support turning it into resistance. Going into this week I am looking for price to continue falling then for a retest.
NZD-CAD Risky Long! Buy!
Hello,Traders!
NZD-CAD is already making
A bullish rebound from
The horizontal support
Of 0.8186 and I think that
The pair will go even higher
Buy!
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NZDUSD SHORTS ##Repost##
Idea from Previous week Structure is still bearish, Updated markup
Market Structure Bearish on Higher times Frames
Strong Bearish Weekly Close
Weekly Rejection at AOI
Weekly EMA Retest
Weekly and Daily Around same AOI
Previous Weekly Structure Point
Daily EMA Retest
Daily Rejection at AOI
Around Psychological Level 0.83000
H4 EMA Retest
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
H1 | NZDCAD | Strong Sell Trend StartingHello everyone ...
market was on buy trend but price strongly sell on big time frame that cause sell trend on short term time frame..
Use good RISK management only thing important in Trading is how you manage your trade...
WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT..
.. good luck..
SELL NZDCAD 💲💀💲 №304FX:NZDCAD
Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
NZDCADNZDCAD is trade with symmetrical triangle pattern .
We can take entry if it break above trendline , if bulls take control target could be 0.82655
SL , TP mention in chart
NZDCAD Potential Uptrend FormingOANDA:NZDCAD
D1: Price bounced from daily support.
H1: Price break previous resistance and retesting it.
M5: retracement trend approaching H1 support zone and shows slow down sign. Wait for market structure shift and clear uptrend to enter long.
Entry: Once M5 confirm the rally, enter with TP ~0.82725, entry & SL will be determined by market structure.
If it plays out nicely in ~5-6h then we might have a position.
NZDCAD bounce from major support on H4NZDCAD bounce from major support on H4, has been wedging in, likely to break out here. Anticipatory trade - has confirmation of downtrend break and retest on H1. Strong bullish H1 rejection candle as entry signal, breaking up out of short term retracement.
SL well below last low and at bottom of major support zone, TP matches this 1:1.
Will take profit earlier if falters or manual SL if makes LL on a candle close.
CADNZD Swing down & upHello here again a currency pair cadnzd. Entry immediately, relatively SAFE, will move.
A major depreciation move will most likely follow at the peak. I'm trying to stick with it.
SL 1,2169 TP 1.20
Good luck
NZDCAD,🔴Sell opportunity🔴
As you can see the price swept the liquidity above the previous daily high and created the FVG.
Now we can expect the price to reach the bearish order book and we can enter the sell position with LTF confirmation.
💡Wait for the update!
🗓️30/01/2024
🔎 DYOR
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