NZDCAD - NEW BREAKOUTHello Traders !
The NZDCAD price failed to break the support level (0.82878 - 0.82987).
The last lower high is broken (Change of Character).
So, I predict a bullish move 📈
________________
TARGET: 0.83660🎯
NZDCAD trade ideas
NZDCAD TODAYNZDCAD TODAY for me is sell.
I open order with SL to TP 1: 1
Risk 1% account
This is just my view
Lingrid | NZDCAD bearish MOMENTUM in the MarketThe price perfectly fulfilled my previous idea. It reached the target zone. FX:NZDCAD is currently making lower lows and lower closes, indicating a strong bearish momentum. The price has been oscillating around the psychological level of 0.8300. Typically, markets tend to consolidate near key levels before a breakout, and given the overall bearish trend, it seems plausible that we could see a bearish impulse leg. I anticipate that the market may break below the previous day's low (PDL) and continue its movement downward, making further lower lows. If the price breaks convincingly below the PDL level, that could confirm the bearish sentiment and potentially lead to an acceleration in the downward trend. My goal is support zone around 0.82550
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NzdCad Trade IdeaThis morning I published and hopped into some CadJpy shorts. Price ended up running against me. On October 17th I published NzdCad shorts and stated my reasons for going short on the pair. I was still overall bearish on the pair even with the set up breaking even last week. As long as price could hold bearish structures then we were definitely still heading to the downside. I ended up executing shorts on the pair at the last HL structure that was broken. Price is currently floating in profit making up for this mornings loss. I'll be looking for a 1:3rr on this set up. We could expect price to tap back into 82857.
NZDCAD BUY STOPNZDCAD is making lower Highs and lower Lows, it is in down trend but now it formed RSI divergence. it will likely to change its up trend into up trend so place the buy stop order above LH
Opportunity to buy and sell on the NZD/CAD currency pairConsidering the short-term downward trend and the end of correction in the medium-term trend, I think that we can expect the price to move between the specified levels.
You will probably be provided with a selling position first, and then you can enter into a buying transaction by closing the transaction in the opposite area
be profitable
28-10-2024 _ Short Term Bullish Idea _ NZDCAD H41. Price action approaching string Support Zone.
2. Potential Bullish Divergence.
3. Enter at the break of the falling trendline coupled
with some candlestick pattern.
4. SL below Support zone and the Targets as shown in the plan.
NZDCAD is in the Bearish direction From Solid ResistanceHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCAD: Long Signal with Entry/SL/TP
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8297
Sl - 0.8273
Tp - 0.8342
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD REVIEWGuys this is the forecast that we had earlier on the last week, but market didn't allow us to get in. Traders we need to understand that we don't have any control of the market. The market is moving in the way that it wants to move it is our responsibility to evolve with the market and change our bias according to what the market is providing to us
NZDCAD - Bearish TradeNZDCAD in bearish trend formed Descending triangle.
Which is a bearish continuation pattern.
If price crosses down Lower low, it will continue the trend.
NZDCAD 4H Analysis: Bullish Setup with Key Level to WatchThis is my analysis for NZDCAD on the 4H timeframe. The price is forming a potential bullish setup, currently testing a crucial trendline. If price breaks and holds above 0.84321, we could see a continuation to the upside, with the target around 0.86138. However, if the green key level at 0.82942 is broken, it will invalidate the whole buy setup, signaling a possible shift in market direction. Watch closely for price action at these levels for confirmation.
NZDCAD 4H Analysis: Bullish Setup with Key Level to Watch
This is my analysis for NZDCAD on the 4H timeframe. The price is forming a potential bullish setup, currently testing a crucial trendline. If price breaks and holds above 0.84321, we could see a continuation to the upside, with the target around 0.86138. However, if the green key level at 0.82942 is broken, it will invalidate the whole buy setup, signaling a possible shift in market direction. Watch closely for price action at these levels for confirmation.
NZDCAD: Intraday Bearish Movement 🇳🇿🇨🇦
Similarly to NZDUSD, NZDCAD looks bearish after
a test of a key horizontal resistance.
The price formed a tiny horizontal range on that
and violated its support after a release of US fundamentals.
The price may continue falling now at least to 0.8309
❤️Please, support my work with like, thank you!❤️
Trae idea NZD/CAD and AUD/USDI wil show this to the community for what i am gonna trade for this day.
nzdcad trade idea started the analysi from the higher time frame and striped down to thelower tf to find entries if you watch the video you will see that i had basicaly two entry sstem to allow me be a aprt of the bearish continuation ts a simple trand, resistance and suport idea, fx alexg is a mentor and ict aswell a mix of the two with sound logic is my model do well to share your views i would be in the comments
NZDCAD BEARSFailed to create low so price will pull back to the supply zone for bearish pressure. Equal highs = SSL (red arrows). Quick buy toward the supply zone. If price rejects and closes with a reversal candlestick on the 50% or 61.8% Fib level, enter sells.
NZDCADNZDCAD is currently falling due to weaker New Zealand economic data and stronger Canadian Dollar, supported by rising oil prices. Key support levels may determine if the downtrend continues.
Buying NZD/CAD at 0.8318Although we have seen mixed daily results for the last 12 sessions the 8-hour chart suggests we are in the process of completing the BC leg of a large Crab formation. This pattern will be completed at 0.8816. We have support at 0.8316 and 0.8307. On a move through the previous swing low of 0.8288, this pattern is negated. This makes for very favourable risk-reward (11R)
This zone previously attracted buyers on September 9 and 11.
Today we have the Canadian interest rate decision, monetary policy report, monetary policy statement followed later by the press conference. This will be the catalyst. We would prefer to be long (bought) before this release.
SL: 0.8273
TP1: 0.8817
R Rate 11.09
#tradeplan #NZDCAD
