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
NZDCAD Buy 0.81810 Stop loss 0.8510 TP1 0.82050 TP2 0.82500
Hello everyone! Today I want share my idea about NZDCAD. On this chart trend looking pretty bearish but here what i see there is one interesting thing, on present LVL price stop moving down broke resistance then bounce from second resistance and came back for retest it. Price moving looking pretty good, I am trend follower trader but at the moment in my...
OANDA:NZDCAD In the daily time frame, we had a false breakout and in fact, the bottom of the channel has been touched, which I expect the price to grow to the top of the channel, and if the channel breaks, we will have more price growth.
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.
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.
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...
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.
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.
Hello Traders In This Chart NZDCAD HOURLY Forex Forecast By World of Forex today nzdcad analysis 👆 🟢This Video includes_ (NZDCAD market update) 🟢What is The Next Opportunity on NZDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
currency pairs NZDCAD At the moment, we can see a good entry point for this currency pair to open the trade up and buy. The entry point is $0.82031, the stop loss point $0.82080 can be good, and in the target we can see $0.84387 and $0.84975 to profit from this currency pair.
NZDCAD with downtrend channel bottom part.. fibo 0.5level with a good S&R level.. do you think it will bounce after touching support line?
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?