This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Break off structure and retreat in the weekly timeframe…almost trying to complete the M structure
This has a 70% possibility of going long and the reason are: There was a strong rejection on the daily AOI All timeframes are Bullish (Weekly, Daily and 4hour) We can see a strong bullish Engulfer on the 4hour timeframe. We can also see a strong Bullish Engulfer on the 30mins timeframe.
Using the BBMA Strategy by OA, a Re-Entry Short in 4H time frame appeared and using a multi- time frame analysis , I'm now waiting for a confirmation in TF 2 and TF 3 ( 15m Entry ). 1D - Re-Entry 4H- 50 EMA Rejection + Extreme Sell 1h- wait for CSAK + Retest in MAHILO min 1h Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in...
✅NZD_CA D is making a Bullish rebound from The rising support line So we are bullish biased And we will be expecting A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
NZD/CAD has just bounced off the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could potentially rise to our take profit. Entry: 0.81199 Why we like it: There is an overlap support level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.80930 Why we like it: There is a pullback support level which...
This Setup for NZDCAD is valid on 1 hour time-frame. Look for LTF confirmation before entry.
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
First of all, Price of NZDCAD was in falling wedge pattern on daily time frame and it breakout in a classic fashion. Currently, it is at buy zone and a good setup for long from here! Thank you for reading.
This chart shows RSI above 50 with double bottom and double top both patterns but we can see there isn't any bearish engulfing candle.
NZDCAD has formed a falling wedge pattern indicating a trend reversal
My dear subscribers, My technical analysis for NZDCAD is below: The price is coiling around a solid key level - 0.8131 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.8117 About Used Indicators: By the very nature of the...
Weekly: -H&S pattern. -Imbalance. Daily: -Bearish W pattern. -IC. 4H: -H&S pattern. -IC. -Imbalance.
NZD-CAD finally broke the Long-term falling resistance Line and the breakout is Confirmed so we are Bullish biased and I think The the pair will go higher Mid-term !
Hey everyone! Yet another trade idea for the challenge! In this one we have some positive feelings for the NZDCAD! 📈 When inspecting the H4 chart we immediately see how the market rejected almost instantly the support area, to then fail to create new lows and printing a strong bullish presence around the 22nd. I've been monitoring a potential long for a few days...