NZDCAD is about to break its range please place buy and sell order to take trade. Manage your risk accordingly.
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts from premium zone. For now I expect price to make a retracement to fill the imbalance higher and only that to reject from 4H bearish order block + institutional big figure 0.84000. Fundamental...
Hey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81700 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.81700 support and resistance zone. Trade safe, Joe.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of double bottom coupled with bullish divergence (Bullish reversal pattern) Entry, SL & TP Levels are defined.
Price is moving briskly and creating bullish divergence on Lower Timeframe. Bulls can create an upside surge towards the trendline and we may say a change in trend. Hopefully we will get a decisive move today. Trade accordingly.
From a technical point of view, $NZD/CAD pair could be attractive in near term. If we look at 2H chart we see the main trend is still bullish, but at the same time the potentially corrective structure may not be over yet. If this analysis is correct, our idea is to sell the pair on all technical rebounds on intraday chart. Target at 0.8150 and 0.8120. Trade with...
Hey Everyone! I believe NZDCAD is a good sell because it's in a bearish channel, we have a strong resistance to the upside, our stop loss is covering both moving averages to add another layer of protection. Overall market bias is bearish, after such a push there might be a slight pullback so if you find the trade pullback heavier you can enter for a more...
NZDCAD price is showing some bullish indications as trading above EMA 50 with Bullish Divergence. Price also prints a double bottom formation on lower TF and tries to break the range. If bulls successfully break above, we see a good upside towards the 0.86600 level. Trade accordingly
OANDA:NZDCAD Bullish Reversal Start in 1 Hr TF. Bullish Divergence also show bullish sign for next moments. Break of Previous L.H Enter this trade.
The daily trend is Bullish on the NZDCAD(its trading above the 200 Daily SMA). With that said, there is a retracement playing out going to either the Fibo 50% or the Fibo 61.8%. At the moment it is at the top of a downward channel eyeing the Fibo 50% Also sentiment on the pair is at an astounding 90% long. Sentiment is contrarian so short-term shorts are suggested...
In our last NZDCAD analysis, we achieved a total of 200pips but we could not get past the channel. Price is still somewhat encompassed within the channel. For clarity we've removed the channel so that we can focus on immediate price action. NZDCAD 4H Trade Idea: - Watch for bullish price action on lower timeframe - Entry on break of red trendline - Stops below...
Pair Name : NZD/CAD Time Frame : 4hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : Natural - Lead To Long 📋 Educational / Long —————**- 🗒 Just browsing through my analysis means a lot to me. ➡️ Update - ———— VIP Opportunity Take Profit 1 Account Growth = 5 % Pip' Achieved = 35 PIP
NZDCAD closed below a key support level and has finished a correction. Price has started reacting from the POI and bears are gonna dominate the market. Sell!
Here is our detailed technical review for NZDCAD. Time Frame: 5h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.821. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.810 level. P.S The...
The technical context on FX:NZDCAD pair has become slightly complicated. Last week we tried to follow a Bearish Pattern (see chart below) which although it worked well at first, sucessively invalidated the harmonic structure, so our decision to have a stop at breakeven was correct. That said, in order to follow some interesting Patterns, we need to wait until at...
My dear followers , NZD/CAD looks like it will make a good move, and here are the details: The instrument tests an important psychological level 0.82276 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Target - 0.81489 My Stop Loss -...
NZDCAD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell NZDCAD Entry Point - 0.82256 Stop Loss - 0.82754 Take Profit - 0.81515 Our Risk - 1% Start protection of your profits from higher levels. ❤️ Please, support our work with like & comment! ❤️
On NZDCAD, the price declined to the 0.8220 area, forming a bearish setup according to the guidelines of the Forex48 strategy. Therefore, the objective is to wait for a retracement to the 0.8240 area and then enter a short position with a target of 0.82 and a risk-to-reward ratio of 1:2.5. Let me know your thoughts. Happy trading to everyone.