This is NZDCAD Situation right now. Market is bearish and I have identified 2 zones from where market is likely to change its direction and continue its bearish trend.
ICC FOR THE WIN one strategy and one setup looking for sells below first box and holding until tp has it.
NZDCAD Sell Limit 1:21RR Nzdcad been falling for a few months now making it a bearish trend on the high time frame. Hoping it'll drop more torwards my Buy Target
NZDCAD: Structure Analysis - Bearish Breakout From the previous analysis I posted NZDCAD broke down from the first structure zone and reached the first bearish target. You can watch the previous analysis below for further details on how the price developed. The price broke down from another support zone and it is raising the chances for the price to moving...
NZDCD BR of H4 support, broken short term h1 retracement uptrend for potential 30 pip downward move. SL above last high, above zone, TP 1:1 from SL.
Please, check our technical outlook for NZDCAD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.817. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.814 level. P.S Please,...
I was so surprised to realize that I didn't posted this yesterday, but I already entered a trade here on NZDCAD.
Hello,Traders! NZD-CAD keeps going Down and the pair broke The key horizontal level Of 0.8195 then made a Pullback and retest and now I think it will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZD-CAD is trading in a Downtrend and the pair Broke out of the bearish Pennant pattern so I am bearish Biased and I think that we Will see a further move down
A price action below 0.8170 supports a bearish trend direction. Increased bearish support for a break below 0.8150. The target price is set at 0.8040. The stop-loss price is set at 0.8285. The price action remains in a declining channel pattern, supporting a bearish trend direction. Dipped below its 200-day simple moving average. Remains a risky trade.
Have a look at NZDCAD. After a strong bearish wave that initiated at the beginning of January, the pair was consolidating for 2 weeks. Friday's NFP was very bearish for the pair and the market set a new lower low lower close on a daily, violating a key horizontal support. It may initiate a new bearish wave. Next support - 0.8115 ❤️Please, support my work...
Waiting for a break and retest at 0.81744 to short NZDCAD back to Daily swing low at 0.79870 If you agree drop a like and if you have any questions leave a comment :)
NZD CAD Long Trade Setup Moving into a channel/Accumulation Phase Expected to break this channel and a Bullish Run SL will be last LL and Entry will be when the channel breaks, a buy limit order, can be a swing trade. Entry,SL and Target are defined. If trend continues or makes a bearish move, then this setup will get invalid
✅NZD_CAD is trading in A downtrend and the pair Broke the key horizontal Level of 0.8187 and the Breakout is confirmed so I think that after some Correction we will see A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
After end of defending trend BUY is best position on demand area
NZDCAD is currently in a long term down trend and has recently broken below this level of support turning it into resistance. Going into this week I am looking for price to continue falling then for a retest.
Hello,Traders! NZD-CAD is already making A bullish rebound from The horizontal support Of 0.8186 and I think that The pair will go even higher Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!