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NZDCAD trade ideas

NZDCAD Is Going Down! Short! Here is our detailed technical review for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.807. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804 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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
NZDCAD → Trade Idea | BUY SetupHello Traders, here is the full analysis. Price reversal going up, levels for BUY NZDCAD ! Great BUY opportunity NZDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
2
NZDCAD: Technical Outlook & Important Things to Watch⚠️NZDCAD has been in a bearish trend since February but is currently in a consolidation phase. The pair is trading within a horizontal range on a 4-hour chart, with two potential scenarios depending on price reaction. A bullish scenario could see a move towards 0.823 if price breaks above 0.818, while a bearish scenario could lead to a continuation of the downtrend towards 0.800 if price falls below 0.813. Given the long-term bearish trend, a bearish bias is maintained, but the outcome remains uncertain.
by linofx1
1
NZDCAD:🟢Buy Opportunity🟢 As you can see, the price swept the liquidity below the previous day's low and shifted the market structure. Now we can expect that the price move lower to collect the inducement and then move higher. We can define buy-side liquidity as the first target and the previous day's high as our final target. Please pay attention: We need LTF confirmation in this scenario. 💡Wait for the update! 🗓️27/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
5
NZDCAD - Already OverSold ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 NZDCAD has been overall bearish, trading within the falling channel in red. Currently, NZDCAD is approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline. 📚 As per my trading style: As #NZDCAD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst