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CANADIAN DOLLAR / NEW ZEALAND DOLLAR

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CADNZD trade ideas

NZDCAD - Keep It Simple 👌Hello TradingView Family / Fellow Traders, On Daily: Left Chart NZDCAD broke below a previous major low so it is now acting as a local resistance zone, thus we will be looking for trend-following sell setups on lower timeframes. On H1: Right Chart 📈 For the bears to take over, we need a momentum candle close below the last major low in gray. 📉 Meanwhile, until the bears take over, NZDCAD can still trade higher for an over-extended correction movement. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Short
by TheSignalyst
NZDCAD Is Bullish! Long! Please, check our technical outlook for NZDCAD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.824. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.831 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. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
1
#NZDCAD: 500+ bullish buying opportunity! Swing TradingDear Traders, We have a great opportunity on NZDCAD , please wait for price to come and bounce at our area of entry. Price already have breakthrough the bearish strong trendline meaning price have changed the character for the first time since months. Now price that has not yet re-confirmed that price can continue the bullish trend and we can have a swing trade taken. Please wait for price to do its thing, do not rush. Patience pays!
Long
by Setupsfx_
5