H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds my short term view remains bullish here.
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.
NZDCAD looks strong bearish it's most likely looks market will go down if this strong support break then we can see new bearish structure . let's see what will happened What do you think?
NZD/CAD Formed a bearish divergence on Daily Resistance Level - Bearish Reversal is expected! (96% Bearish Sentiment - MyFxBook) Entry on Break of HL - Confirmation Level (0.83070). Take Profit 1 - 0.82500 (Support Level), Stop Loss -0.83640 (Above HH).
The CAD/NZD currency pair is currently positioned at a crucial support level, exhibiting strong technical indicators suggesting a potential upward movement. The identification of a Bullish RSI Divergence on both the 1-hour and 4-hour charts reinforces our bullish sentiment. Entry and Risk Management: Entry Point Our recommended entry point for this trade is...
Hello there traders! I have made an analysis on this pair that i rarely looked at. I am expecting this pair to be pushing hard to the higher highs on Weekly due to completing corrective ABC wave. Its still early for entry and i will enter coming week on retrace to be safe. Let me know if you have any questions! Trade safe traders!
Nzdcad has been trending for a while, I'm looking for a pull back to my demand zone, and I will initiate a buy trade, my stop loss will be below my demand zone while my take profit will be at recent high. TRADING THE FINANCIAL MARKETS IS A DANGEROUS GAME ALWAYS USE STRICT RISK MANAGEMENT PROTOCOLS AND ALWAYS DYOR!!!
Possible NZDCAD trade scenario Enter with confirmation on ltf Manage risk if Taken Direct entry on THESE zone 1:2-3 Rr Indicator based SMC approach Follow and like for more setups
A #short trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 0.82514 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward...
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 ). 4H - Re-Entry 1H- 50 EMA Rejection + Extreme Sell 15m- wait for CSAK + Retest in MAHILO min 15m Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines)...
After a volatile spike down on news, pricing has taken out low support and I expect prices to rise up to the upper order pool.
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. May -2 so far JAN (6R) FEB (1R) March (-7) April(-1)
NZD/CAD 1D - This is another market I am looking to take long, I want to see price come back down, correct itself so we can look to get involved with a refined entry. I was going to place longs now but I understand that our RR would not be so good and our position would not be very refined, this is why I am choosing to wait for price to correct itself taking us...
NZDCAD is forming double top coupled with the completion of the wave '5' at a strong resistance level 0.8250. Goodluck!
We observed a BEARISH REVERSAL Pattern with a divergence Risk Reward 1:1 0.8145 Risk Reward 1:2 0.8092
currently shorting NC LET APPLY PROPER RISK MANAGEMENT cheers.
As shown in the picture,we determine the current daily chart is a bullish.How to buy? As the SMC concept,we must wait.Now is not a good position to enter a trade, we need to wait. The optimal is Pullback,lets get a good long position. The second choice is reach a higher high,and we get a new pullback step. Be remember Risk Reward is first principle Good Luck Folks
NZD/CAD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.81706 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 0.81212 Why we like it: There is a pullback support level which...