Hello Traders! This is a short trade for 20 pips. Stop loss is half at 10 pips. Best, Jay
ANALYSIS ON NZDCAD Welcome to my analysis - 30MIN CHart - Interesting Point of interest In the NZDCAD pair. - Price above 200 day EMA. - look for sell signals. - Expecting some more downward movement. - Watch 0.85000/0.84320 for take profit. - MACD showing bearish divergence Stay Tuned
ANALYSIS ON NZDCAD Welcome to my analysis - 30Min CHart - Interesting Point of interest In the NZDCAD pair. - Price flirting with the 200 day EMA. - Buy reversal. - Expecting more Upward momentum. - Watch 0.84500 for take profit or around 0.84800. - MACD showing bullish divergence Stay Tuned
Hi traders. As we can clearly see, the price is following a triangle pattern. I see I a very high likelihood of the price rising higher towards the resistance line of the triangle.
High prob short with 20MA, inside bar burst down, 1:1 RR
Im seeing a bearish trend on NZDCAD but we got a bullish momentum so until I see confirmation of a reversal Ill be entering sales ( Feel free to leave a comment )
ok folks since we get precise that nice move down as on previous chart, now im expecting so see some more deeper correction before rushing down again. its early to say whats gonna be but here on this chart im showing my expectations for running flat and expanding. for those who understand patterns there is a gartley taken from the top and butterfly taken from A of...
On balance volume is in downward channel and below its 200 EMA. Price rejected from monthly pivot and closed below 100 SMA of BB. TP1 - previous monthly S1 level. TP2 - monthly pivot Support 1.
-->> Reversal spotted -->> close to strong resistance -->> sell on 4H
Hi Traders, The 4-hour chart of NZDCAD shows a bullish move from October 2018 as a classic five-wave impulse in wave (A) "black." According to the Elliott Wave theory, a three-wave correction in the opposite direction follows every impulse pattern. And indeed, the rest of the chart reveals an A-B-C zigzag correction in wave (B) that rejected the 38.2 Fib ratio...
NZD CAD, presenting us a great opportunity for a short. A clear 4h break of 0.90476 and a retest on 1h would be a great entry for this pair. For a nice 120 pips! I will updating you guys. All of the best TRADING PROTECTION
Wait for break and close, out of the wedge.