Hello trader I have conducted an analysis for NZDCAD for next week, as you can see the price have been in a down trend in a 4hr timeframe and the price have been respecting the trendlines and when you look closely the price have been forming of what is known as a flag pattern now we have to wait for the price to reverse into a bullish trend then wait for it to...
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. currently we are waiting for a correction to see a potential retrace of the trend from 0.82800 support and resistance zone towards more lows. Trade safe, Joe.
Anyone else watching this pattern develop with interest ? Does it still count as valid bull flag as been going on for a bit especially on the daily chart.. thinking trying to buy some at the lows of the pattern here with stops below the pattern for aggressive entry… add more on break of upper band if we get there?
NZDCAD is trading in long term bearish channel and currently make a strong support at the bottom of channel where 4th wave is ended. Will head towards the channel resistance to complete 5th wave?
Please, check our technical outlook for NZDCAD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 0.825. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.834 level. P.S We determine...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83800 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 0.83800 support and resistance zone. I would also keep an eye on the stock market to confirm the bias as NZDCAD has a positive...
✅NZD_CAD fell down sharply And the pair is locally oversold So as a strong support is ahead At 0.827 after the retest A local bullish correction Is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
On the 4-hour chart, the trend started on May 5 (linear regression channel). There is a high probability of profit. A possible take profit level is 0.8325 But do not forget about the SL = 0.8540 Good luck! Regards, WeBelieveInTrading
On NZDCAD, after a significant decline caused by the increase in interest rates by the Reserve Bank of New Zealand, we have a price that has dropped to the 0.8305 area, where there is a significant validated demand zone and a long setup created in mid-April. The target for this long trade is 0.8486, with a risk-reward ratio of 1:10. Let me know what you think....
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart NZDCAD has been overall bearish trading inside the falling channel in orange and now it is sitting around the upper orange trendline again, so we will be looking for sell setups on lower timeframes. on H1: Right Chart For the bears to take over, we...
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: We are here in a bearish market structure from 4H timeframe perspective. As I expected in my previous analysis price filled the imbalance and rejected from institutional big figure 0.85000. Like, comment and subscribe to be in touch with my content!
On NZD/CAD is nice to see strong buying reaction from the price 0.84210, there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Volume cluster are my mainly...
We originally entered this short about two weeks ago, im layering the position with 0.85115 as stops and 0.83689 in sight for first partials. THIS IS NOT INVESTMENT ADVICE. DO YOUR OWN ANALYSIS
Like the strong pull back here on the 15m TF, looking to take this scalp as market entry
Ok, i need to stop posting NZDCAD ideas lol... tho the last one looking good and am holding long there on break of expanding wedge that developed on the 4hr into channel resistance leading me to think we could be finally about to break this bear channel to upside? retail positioning supports also. anyway this weekly chart clearly shows the bull flag and a...
According to economists, inflation in New Zealand is expected to remain high for an extended period, with increased government spending being a significant factor. While there are no current predictions for the next quarterly inflation figures due in July, the government is focused on maintaining fiscal sustainability and keeping inflation under control. As a...
✅NZD_CAD will soon retest a key resistance level of 0.853 So I think that the pair will make a pullback And go down to retest the demand level below at 0.846 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅