Hello traders, Hope all of you having a profitable year, this paid I have been following for couple of weeks now and been waiting to have a successful short so today is the day which I have been waiting for. The channel is clear and our SL should be like 20-40 pipe above the highs to be safe, good luck everyone.
6.45pm - 7.40pm overall everything went smooth EXEPT I PUT MY SL ON BREAKEVEN WHEN PRICE HIT MY 1RR I shouldve waited for a break of the 1RR and then maybe moved the stop --->either to breakeven --->or to 1RR to at least gain some profits anyways its really the first time experimenting with TPs couldve been a +2.1 pip day (+3RR) but well, learning is a part of the game
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.
Our Pair creating inverted head and shoulders pattern but we still need a 4h closure above neckline to confirm the pattern and give us a confirmations to can buy it , and we can measure our target by putting a measure tool between neckline and head , if we have not a 4h closure above our neckline so this idea will be canceled . This Is An Educational + Analytic...
Price had made aggressive move to the upside last week now price is pulling back to the same support potentially going to create a double bottom so I am looking to go long
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
There is a possibility of an uptick after the ABC close. It's a zigzag pattern.
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.
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
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?
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...
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!✅