NZDCAD Possible Long PositionBMA OA Strategy:
H4 - Re-Entry
H1 - EMA 50 Rejection
M15 - wait for csak ReEntry
Note:
* 1:3 RRR (10 sl, 30 tp)
NZDCAD trade ideas
70% chance for a downside movementTechnical analysis and probabilities
NZDCAD is currently moving between oblique support zone and the resistance zone. Several signs tell me that this will cause a downward movement. All the signs are listed below:
Technical
Its a down trend with lower high
The Oblique Resistance
The Horizontal Resistance zone
Prababilities:
1. There is 70% chance for a new BOS by the downside
2. There is 29% chance for a BOS by the upside
3. There is 60% chance that probabilities 1 and 2 become true
NZDCAD Short - FVG SMC Orderblock📉 NZDCAD Short Trade Setup - Observing FVG SMC Orderblock
🔍 Technical Analysis:
NZDCAD presents a potential short opportunity as it nears the FVG SMC Orderblock.
Historical analysis indicates this zone has served as significant resistance.
Monitoring for bearish signals to confirm entry.
📊 Trade Plan:
Entry Point: Consider short position upon rejection or bearish confirmation within the FVG SMC Orderblock.
Stop Loss: Place above recent swing high to manage risk.
Take Profit: Targeting support levels or prior lows.
🚨 Risk Management:
Employ sound risk management strategies.
Stay updated on economic events impacting NZD and CAD.
📈 Disclaimer:
Not financial advice. Perform own analysis. Trade responsibly.
👉 Note: Stay vigilant for real-time price movements and adjust strategy accordingly.
Happy Trading! 🌐💹
NZDCAD - Following The Trend📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCAD has been overall bearish , trading within the falling channel in blue.
At present, NZDCAD is undergoing a correction phase and it is currently approaching the upper blue trendline acting as a non-horizontal resistance.
Moreover, it is retesting a strong supply zone marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green supply and upper blue trendline.
📚 As per my trading style:
As #NZDCAD approaches the red circle zone, I will be looking for bearish reversal setups (like a top 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
NZDCAD Order flow Intra21 analysis. The analysis outlines 'intra day' trend and entry anticipation following the candlestick orderflow
NZDCAD ShortNZDCAD short from structure with 4h and daily timeframe trend.
Entry with retest
Stop Loss over structure
Target at next daily support area.
NZDCAD Bearish stocks and potential downsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.82150 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.82150 support and resistance area.
Trade safe, Joe.
DeGRAM | NZDCAD pullback tradeNZDCAD is moving in the descending channel, and it has made lower lows.
The market broke and closed below the support level, which became a resistance that was respected before.
We anticipate a bearish move from the resistance level at 0.82000 which is psychological level as well.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
NZDCAD Setup,This is NZDCAD Situation right now. Market is bearish and I have identified 2 zones from where market is likely to change its direction and continue its bearish trend.
NZDCADDDDDDDDICC FOR THE WIN
one strategy and one setup
looking for sells below first box and holding until tp has it.
NZDCADNZDCAD Will rise! BUY!
🧠My dear subscribers,
NZDCAD looks like it will make a good move, and here are the details:
The market is trading on 0.81800 pivot level.
Bias - Bullish
———————
My Stop Loss - 0.81500
Target - 0.82400 —- 0.82760
NZDCAD ShotNZDCAD Sell Limit 1:21RR
Nzdcad been falling for a few months now making it a bearish trend on the high time frame.
Hoping it'll drop more torwards my Buy Target
NZDCAD: Structure Analysis - Bearish BreakoutNZDCAD: Structure Analysis - Bearish Breakout
From the previous analysis I posted NZDCAD broke down from the first structure zone and reached the first bearish target. You can watch the previous analysis below for further details on how the price developed.
The price broke down from another support zone and it is raising the chances for the price to moving lower as shown on the chart.
You may find more details on the chart.
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Previous analysis:
NZDCAD break and retest of supportNZDCD BR of H4 support, broken short term h1 retracement uptrend for potential 30 pip downward move. SL above last high, above zone, TP 1:1 from SL.
NZDCAD Will Go Down! Sell!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.817.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 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!
