NZDCADNZDCAD, One of the three pairs we are looking at this week and it is almost in the position for a entry to be taken. All timeframes in sync, price has now retraced back into the zone we needed it to retrace into. From here we have seen a shift of structure and now we need "convincing" price movement to then look for a short. Will be monitoring this pair closely.
CADNZD trade ideas
NZDCAD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81250 zone, NZDCAD was trading in an uptrend and currently is in a correction phase in which it is approaching the retrace area at 0.81250 support and resistance area.
Trade safe, Joe.
NZDCAD: Bearish Forecast & Outlook
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 down.
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NZD-CAD Local Short! Sell!
Hello,Traders!
NZD-CAD made a nice
Recovery after a sharp
Fall then retested a
Horizontal resistance
Level of 0.8150 and we
Are already seeing a
Local bearish reaction
So we will be expecting
A further bearish move down
Sell!
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NZDCAD TRADE PLAN (MULTIPLE HIGH-PROBABILITY SETUPS)🔹 Plan A: Swing BUY Trade (Counter-Trend Reversal Setup)
📌 Entry: Buy at 0.8080–0.8060 (Liquidity Grab & Demand Zone).
📌 Stop Loss (SL): Below 0.8040 (Safe Level).
📌 Take Profit 1 (TP1): 0.8125 (First resistance & breakout level).
📌 Take Profit 2 (TP2): 0.8150 (HTF Resistance).
📌 Take Profit 3 (Final TP3): 0.8200 (Supply Zone).
🎯 Risk-to-Reward (R:R): 1:4+ (High Probability Trade).
✅ Confirmation Needed:
Bullish engulfing or rejection wick at 0.8080.
H1 Close above 0.8100 for safer entry.
Divergence in lower timeframe (M15/M30) supports the buy.
🔹 Plan B: Continuation SELL Trade (Trend Continuation)
📌 Entry: Sell at 0.8120–0.8150 (Retest of broken structure).
📌 Stop Loss (SL): Above 0.8180.
📌 Take Profit 1 (TP1): 0.8100 (Short-term level).
📌 Take Profit 2 (TP2): 0.8080 (Major demand zone).
📌 Final TP3: 0.8050 (Liquidity zone).
🎯 Risk-to-Reward (R:R): 1:3+ (Solid trade).
✅ Confirmation Needed:
Bearish engulfing at 0.8120–0.8150.
H1 Close below 0.8100 confirms sellers in control.
🔹 Plan C: Extreme BUY Trade (Deep Liquidity Grab & Strong Reversal Setup)
📌 Entry: Buy at 0.7980–0.8000 (HTF Demand & Liquidity Grab Zone).
📌 Stop Loss (SL): Below 0.7950 (Safe Level).
📌 Take Profit 1 (TP1): 0.8050 (Previous demand).
📌 Take Profit 2 (TP2): 0.8080 (Mid-range).
📌 Take Profit 3 (Final TP3): 0.8125+ (Reversal target).
🎯 Risk-to-Reward (R:R): 1:5+ (High Precision Setup).
✅ Confirmation Needed:
Bullish engulfing/rejection wick at 0.7980–0.8000.
H1/H4 closes strong bullish to confirm buyers stepping in.
Divergence on M15/M30 for added confluence.
📌 FINAL DECISION (How to Trade This)
1️⃣ If price reaches 0.8080–0.8060 and shows bullish confirmation → BUY Plan A is activated.
2️⃣ If price rejects 0.8120–0.8150 with bearish signs → SELL Plan B is activated.
3️⃣ If price breaks below 0.8060 and drops to 0.7980–0.8000, wait for confirmation → BUY Plan C is activated.
🚀 Smart Money Execution—No Rushing, Only High-Probability Trades!
Bullish bounce?NZD/CAD has bounced off the support level which is a pullback support and could rise from this level to our take profit.
Entry: 0.8076
Why we like it:
There is a pullback support level.
Stop loss: 0.8031
Why we like it:
There is a pullback support level.
Take profit: 0.8138
Why we like it:
There is a pullback resistance level.
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Bearish drop?NZD/CAD is rising towards the pivot and could drop to the 1st support.
Pivot: 0.81376
1st Support: 0.80668
1st Resistance: 0.81947
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