NZDCAD breakdown or support ?NZDCAD is trading in a ascending channel and now reached the higher low support area will it take support or will breakdown, trade accordingly
NZDCAD trade ideas
NZDCAD Broke the SupportNZDCAD Broke the Support zone and retouched signaling further bearish movement. Looking at a potential SELL
@NzdcadAs we can see on de daily and weekly we have the market on a bullish trend, we were expecting the market to retrace back to the zone and we have it on de zone so we are waiting for entry on de 1h and 30min to enter the trade
NZDCAD is in a very nice condition to buyNZDCAD is in a very nice condition to buy , time to buy
continue to market structure
NZDCAD: Bearish After the News?! 🇳🇿🇨🇦
NZDCAD turned bearish after a release of Canadian Inflation data.
The price retraced from a key daily resistance and broke
a support line of a rising parallel channel on an hourly time frame.
The market may drop at least to 0.8293
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NZD/CAD - Day Trading Analysis With Volume ProfileOn NZD/CAD , it's nice to see a strong buying reaction at the price of 0.81930.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Strong rejection of lower prices + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
NZDCADAll timeframes in sync, looking for price to come back to the zone to then possibly have more confluences in line to then take a buy position
NZDCAD Buy ForecastNZDCAD New Forecast👨💻👨💻
Am expecting a bullish movement to 1.2+RR
This is my personal trade and not in anyway a mandatory setup.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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NZDCADBounced off latest daily support last week. Now have a minor H1 resistance, once broken and retest is made with bullish momentum, possible movement to the upside.
NZD/CAD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
NZD/CAD is making a bullish rebound on the 9H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.820 level.
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NZDCAD: Strong Bullish Signals 🇳🇿🇨🇦
I see 2 strong price action confirmations on NZDCAD:
the price broke a resistance line of a bullish flag
and then formed a confirmed change of character CHoCH on a 4H.
I think that the market will continue a bullish rally.
Next resistance - 0.83
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NZDCAD NICE SHORT OPPORTUNITY its an amazing opportunity for short nzdcad with a nice R/R
i beleive we will hit the target
NZDCAD PRINTING REVERSALTechnically:
NZDCAD printing double top
NZDCAD printing bearish divergence
NZDCAD supporting bearish trendline
NZDCAD may take some time to breakoutNZDCAD may take some time to breakout. But will remain Bullish.
Update on Buys NCADthis is an update I sent 3 trades EU of which stop loss of 20 pips and GU of which it hit take profits of 40 pips NCAD sell limit is active with 15 pips profits we are up 1% for the day and 3% for the week.
NZDCAD Swing Long PositionEntry: 0.81306
Stop Loss: 0.80188
Take Profit 1: 0.82542
Take Profit 2: 0.83529
Take Profit 3: 0.84448
NZDCAD BUY OPPORTUNITY Price is set to trade bullish as we had a recent bounce off fur trend line. A buy opportunity is envisaged from the current market price. Price maintains a bullish momentum
