NZDCAD has created lower market structure and has recently broken below the key level 0.8200 confirming that the bearish momentum should continue to the next key level which is a strong support at around 0.8033.
I see a potential buy opportunity back up the weekly high and maybe further. Since price has reversed to the upside on the 4 hour timeframe, this could be a great opportunity to set my pending order. If price doesn't trigger me into the trade I will enter a manual buy position on the Daily TF. Thank you for watching my Trading Journal. Be blessed. Shaquan
✅NZD_CAD is going down And the pair has retested The broken horizontal level Of 0.82 from where I think We will see a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: As I said in my previous analysis, price started bearish move, now I will wait to add more short position, so my point of interest is if price makes a retracement to fill the imbalance higher and then rejects from institutional mid figure 0.82500. Fundamental analysis: This week on Friday...
My next trade setup on NZDCAD is only based off of me seeing clearly after experiencing FOMO and Anxiety. I pray Tradingview allows this type of conversation to happen because I truly feel like we don't talk about anxiety and Fomo enough in a spiritual manner. If this resonates with you, please share how it helps you by commenting below. Don't forget to like...
Price is doing a pullback to the resistance, and there's a cluster. I'm looking for an entering position in a short direction .. with confirmation in lower timeframes. PS. Leave your comments and thoughts.
NZDCAD is trading in downward direction but currently the pair has created strong demand zone around 0.8160 region and reacted well from this region. Currently the pair is facing mild resistance in 0.8190 region . if it break through 0.8190 it will a nice buy setup.
Waiting for a retest of 1.32050 to short NZDCAD back to 4H swing lows at 0.80410 If you agree drop a like and if you have any questions leave a comment :)
NZDCAD Buy Stop Loss: 0.814 Targets: 0.822 0.824 0.826 0.828 0.834 0.840
In my journal, I'm noticing NZDCAD made a new lower low on the 4 hour and 2 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 0.85585 and entering on the 2 hour timeframe to keep the stop loss small. Trade at your own...
DAILY : Price is approaching strong support zone. We are expected rejection here H4 : Price is approaching H4 demand area = Daily support FX:NZDCAD OANDA:NZDCAD FOREXCOM:NZDCAD
NZDCAD has moved very hard on the upside after weak US data. We are looking to take a short position at 0.8420 and an SL above 0.8459 and looking to target 0.8210.
On USDCAD, we have a neutral - bearish setup today. The price has been bouncing off a support level for hours. At the moment, however, it has not yet confirmed a long entry. Therefore, there are two hypothetical scenarios. The market provides confirmation on M15 and H1 at the level of 1.3170 after the US data, or the price drops below the support level towards...
On NZDCAD, we have a bearish setup where the price has reached the 0.8245 zone, where we have a Fibonacci Voltage Gauge (FVG), indicating a potential price reaction zone that could lead us to enter a long position with a target of 0.8363. Moreover, the target itself exhibits the same characteristics as the previously mentioned zone, as we have an excellent FVG for...
In my journal, I'm noticing NZDCAD made a new lower low on the 4 hour timeframe. Although price is in an uptrend as clearly seen on the daily and weekly timeframe, any sells taken will be a countertrend trade. I prefer to trade down to my weekly estimation zone 0.81570 and entering on the 4 hour timeframe to keep the stop loss small. Trade at your own risk and...
We have identified a bearish setup on NZDCAD, with the price bouncing four times in a full Asian session. Personally, I don't consider entries during that session to be good, so I will look for confirmation in the London or New York session. Therefore, we will see if at M15 + H1 the price manages to provide confirmation at the level of 0.8360; if so, we could...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: As I expected in my previous analysis price made a retracement, filled the imbalance and then rejected from 4H bearish order block + institutional big figure 0.84000. Like, comment and subscribe to be in touch with my content!