Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short as I see price to continue bearish price action. Fundamental analysis: On Wednesday will be released Interest Rate on CAD, and on Friday Unemployment Rate. Pay attention to the results in...
21st August daily key reversal bar, made a new low closed towards the high. Accumulation phase indication for long soon. demand zone 0.8005. target : 0.8120, stop loss below 0.8000.
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental analysis: Tomorrow will be released monthly CPI on CAD, but on...
Price made a huge move below. If you looking on the leftside base on daily, there are still buyers and sellers. after that rise of price. price retest its below, so im expecting that fall is just a break of its structure to navigate the actual buy zone at this current level of price. Im expecting more than this idea, so the stoploss is a lot below. you can wait...
looking bullish trend in 4h timeframe bec follow falling wedge pattern bullish trend start after compalte 5th
Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: As I said in my previous analysis price filled the imbalance and continued bearish price action, I added new short position as we can see that price made a retracement and then mitigated bearish order block. Fundamental analysis: This week on Wednesday will be released Unemployment Rate on...
NZDCAD Entry point :- 0.82220 Stop lose :- 0.81392 Target 1 :- 0.83050 Target 2 :- 0.83880 Target 3 :- 0.84700 Target 4 :- 0.85530 Target 5 :- 0.86360
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
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...
NZDCAD Buy Stop Loss: 0.814 Targets: 0.822 0.824 0.826 0.828 0.834 0.840
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!
Here is my analysis for NZDCAD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
We have identified a potential buying opportunity in NZDCAD at 0.83991. The decision to enter a buy position is supported by the presence of a bull flag pattern on both the weekly and daily charts. This pattern suggests a potential continuation of the upward trend. To manage risk, we recommend setting a stop loss at 0.82988. This level is strategically chosen to...
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.
According to my analysis, the New Zealand dollar (NZD) is expected to experience a bullish trend. This assessment is based on the presence of a Hidden Bullish Divergence on the 1-hour chart of NZDCAD, which suggests a potential reversal in the price movement. Hidden Bullish Divergence occurs when the price of an asset forms lower lows, but the corresponding...
Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan,...
NZDCAD is respecting the descending channel, the price made a fake out towards the downside of the channel to 0.80723 and then came back in the channel now the price is ready to move towards the level of 0.84066. You can open a buy position keeping stop loss at 0.80627 and aiming for 1:2RR