NZDCAD ChartThere is Bullish Trend, But RSI forms Bearish Divergence and also there is Bearish Pattern of Double Top. Will Take Short entry at the Break of last HL. Trade Plan According to this Analysis and my Risk Reward.
NZDCAD trade ideas
NZDCAD SHORT 0.84040 TP Chinese stimulus & Middle East tensions are making oil rise thus providing support to the canadian dollar. Oil is Canada's #1 export. When oil rises so does CAD. 0.84040 TP
NZDCADWhat are the odds of this pair buying till those Zones. We are in a key fib zone. we have oprder block ast that point. hoping to join tomorrow
NZDCADWe can attempt to short NZDCAD from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
NZDCAD BULLSAt our POI demand zone on the Daily and 4 hour chart. Price will pull back to the demand that caused a BOS. Wait for price to close with a reversal candlestick on the demand zone for buys!
NZDCAD 4HThe price has reacted after reaching the ceiling of the channel. The upward trend line has been broken in the four-hour period. We are waiting for the price retest to 0.5 and 0.618 Fibonacci. If we see the trigger, we will enter the Sell transaction.
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
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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!
NZDCAD LONGMarket structure Bullish on HTFs 30
Entry at Weekly and Daily AOi
Strong Weekly Engulfing
Strong Weekly Resistance Level broken
Daily Rejection at AOi
Previous Structure point on the Daily
Touching EMA Y
H4 Candlestick rejection
Levels 5.79
Entry 95%
Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
IDEA NZDCAD LONG POSITION Hi Trdaers
Pair : NZDCAD
Position : LONG( BUY )
Entry Price : 0.84970
STOP LOSS @ 0.84770
TP 1 @ 0.85180
TP 2 @ 0.85380
TP 3 @ 0.86000 ( Trailing SL )
NZD-CAD Risky Short! Sell!
Hello,Traders!
NZD-CAD is going up
And will soon retest
A horizontal resistance
Of 0.8520 and after the
Retest we will be expecting
A local bearish reaction
Sell!
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NZDCAD Will Go Lower From Resistance! 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 0.846.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.844 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.
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NZD_CAD RESISTANCE AHEAD|SHORT|
✅NZD_CAD is set to retest a
Strong resistance level above at 0.8520
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 0.8440
SHORT🔥
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suply level and harmonic patter shownsuply level and harmonic patter shown. Price clearly at a supply level with signs of rejection. failing to make new high and harmonic pattern displayed. entry candle also given
NzdCadNC giving us 2 possible plays that could play out beautifully. Again with patience being our best friend. Price can either break back down below to respect the range we've had going on for some time or we can continue last weeks bullish structures. There's a monthly range between 0.88000 and 0.77300. Once price tapped 0.88000 we went bearish. I was honestly expecting price to continue bearish until we hit that monthly support which is why I'm personally looking for shorts on this set up but we'll see what happens.
NZDCADEVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
NZDCAD Sellers In Panic! BUY!
My dear friends,
My technical analysis for NZDCAD is below:
The market is trading on 0.8446 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8460
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NZDCADNZDCAD poperly BOS and now making HL ,
we can long at at fibo level 0.618 entry this is buy limit entry and
the trade is not exceuted when price again touch that level the
trade will be executed.
NZDCAD A Fall Expected! SELL!
My dear subscribers,
My technical analysis for NZDCAD is below:
The price is coiling around a solid key level - 0.8452
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8434
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
NZD_CAD BEARISH BIAS|SHORT|
✅NZD_CAD is set to retest a
Strong resistance level above at 0.8520
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 0.8437
SHORT🔥
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