NZDCAD trade ideas
NZDCAD FORECASTThis pair seems to have bigger potentials on the coming days, what we need to do is just to stay patient and wait, because in these areas most of people are tagged in and out, we need to wait for the confirmation as the market communicates every time!
I just appreciate you for taking time to follow my contents! Let's grow together
Bullish bounce?NZD/CAD is falling towards the support level which is a pullback support that slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.85288
Why we like it:
There is a pullback support level which is slightly below the 38.2% Fibonacci retracement.
Stop loss: 0.84756
Why we like it:
There is a pullback support level.
Take profit: 0.86072
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDCAD - Long from bullish order block !! 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 for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB.
Like, comment and subscribe to be in touch with my content!
NZD_CAD LOCAL SHORT|
✅NZD_CAD went up just as
I predicted in my previous analysis
But is now approaching a supply level of 0.8624
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
NZD_CAD BULLISH BREAKOUT|LONG|
✅NZD_CAD is trading in an
Uptrend and we are seeing a
Strong bullish breakout of the
Key horizontal level of 0.8520
Which is now a support so
After a potential local pullback
We will be expecting a
Further bullish continuation
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Ncad more upside to come,it seems :)Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Should be getting to see more upside
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
Bullish bounce off 50% Fibonacci support?NZD/CAD is reacting off the pivot and could potentially rise to the 1st resistance which acts as a pullback resistance.
Pivot: 0.8368
1st Support: 0.8368
1st Resistance: 0.8488
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD/CAD Sell Trade Idea - Bearish Reversal SetupAnalysis:
NZD/CAD is showing signs of a potential bearish reversal. The price has recently tested a strong resistance zone near 0.8550 and failed to break higher. This rejection, combined with bearish divergence on momentum indicators like RSI , suggests that sellers are regaining control. The formation of a bearish candlestick pattern at resistance reinforces the probability of a downside move.
Reasons for the Trade:
Rejection from a strong resistance level with confirmation from bearish divergence.
The price structure suggests a lower high, pointing towards a continuation of the bearish trend.
Risk Management: Properly set your stop loss and adjust your position size according to your risk tolerance to manage potential drawdowns.
Disclaimer: This is a trade idea, not financial advice. Always conduct your own analysis and consider your risk tolerance before executing any trade.
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 BULLSWeekly created a HH and Daily chart retracing to the demand zone for upward momentum, tested the demand still continuing upward. 4 hour and M15 chart pulling toward the demand zone which is the 61.8% Fibonacci level. Wait for a reversal candlestick purple dotted line in the M1 chart and/or 20EMA cross above 40EMA on the M15 demand zone for buys!