NZDCAD chart is showing bullish trend using gartley harmoic pattern EP: 0.82532 SL: 0.80647 TP1: 0.84420 TP2: 0.86300
Based on EMAs I think we still have a bullish trend
Hey guys hope you are all having a wonderful and blessed weekend so far! Just wanted to come on here and make a post for a potential setup I see for the week ahead on NZDCAD! Not going to go super in-depth but will give a general breakdown of why I am looking at this pair to potentially trade. Lets dive in! OK so starting on the weekly timeframe price seems to...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1...
NZDCAD has completed its bullish pattern, however, no divergence has been observed to indicate price reversal. Having said that, there is a buy opportunity at the break of previous lower high as some bullish movement is expected.
CP Pattern: price showing a strong bullish momentum on the 1hr time frame. looking to catch a short term long trade at the mitigation of the 1hr continuation pattern.
Due to the high purchase made my RSI indicates a bearish trend loading up Sell now and made some profits
My dear followers, This is my opinion on the NZDCAD next move: The asset is approaching an important pivot point 0.8150 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.8126 About Used Indicators: For more efficient signals,...
IMPULSE AND CORRECTION: the overall trend is downward and now we're having a realignment to the weekly zone where price broke out from. hoping to catch a long trade and a short at the same time
impulse and correction.. the overall movement is a downward trend and we're just having a minor correction from an impules.
In this chart we have observed LH & LL and at the bottoms we have bottoms almost equal LL's . which gave us the sign of potential breakout if it breaks the neckline, which is our entry area. what you say about that.
FX:NZDCAD Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
The NZDCAD currency pair is currently showing a Gartley pattern formation. After reaching a key support level, I anticipate a bullish reversal as buyers enter the market and drive the pair higher.
A glimpse of the NZDCAD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
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!✅
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.