Just analyzed from the higher time frame and found some lows and highs after scaling down to 15 min, I identified some structures that weren't investigated. Also price has a major daily resistance so I think it needs more money to force itself up there. It'll all come down to how much strength it gains from each zone violated. Does the price strengthen or weaken...
Hello Traders ! On The Daily Time Frame, The NZDCAD Reached a Resistance Level (0.84250 - 0.83960). The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So, I Expect a Bearish Move 📉 ----------- TARGET: 0.83110🎯
Daily is bearish 4h is bearish Good retracement to go short. Lets see if this level holds out
It has been in range and unable to break resistance and making now lower high and lower low! Demand zone is the target. however, if its changes it price action we are gonna book our profit and SL will be moving to Break Even!
this is my bullish technical idea and price action analysis . now wait for come previews support and resistance zone after trend continue to uptrend you can entry .because overall uptrend .you can see it .however this is my opinion only no more signal
Possible shorts NZDCAD Reason for short: 1. Liquidity grab 2. Break of structure 3. Imbalances at premium level
SLO2 @ 0.8371 ⏳ SLO1 @ 0.8336 ⏳ TP1 @ 0.83069 TP2 @ 0.82179 TP3 @ 0.81596 TP4 @ 0.81330 🔑 LTF = LOW TIME FRAME SLO = SELL LIMIT ORDER TP = TAKE PROFIT Short-term time frames (1-minute to 3 hour): — Highly volatile, price movements can be fast and unpredictable. — Suitable for day trading and scalping, but require constant monitoring and quick...
Wow ! NZDCAD can be at a great price for taking long trade ! Money management is the key to be profitable and never ever miss this part of trading ! Our R/R is great but we have to do money management
Hello everyone ... Use good trade management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
Waiting for a break and retest of 0.84026 to long NZDCAD back to the next Daily swing high at 0.85117 If you agree drop a like and if you have any questions leave a comment :)
Well this is my analysis for NzdCad . A poosible sell reaction can appear after clearing the buyside liquidity. I'll see how it goes .. Happy New Year and Happy Trading
Greetings Traders, In tomorrow's trading session, our focus is on NZDCAD as we actively monitor a potential buying opportunity around the 0.83400 zone. Riding an uptrend, NZDCAD showcases a sustained upward trajectory, indicating favorable market dynamics. Simultaneously, the currency pair is navigating a correction phase, gradually converging towards the trend...
i have illustrate all the info you need to know .... this is not a trading advice ... just watch and enjoy it .
New Zealand dollar vs Canadian dollar analysis Due to the breaking of the upward trend line, it is possible to form a corrective wave ABC, which is expected to increase the price up to 0.90000 as C wave. Wave C can be formed in the form of 5 Elliott waves The target of wave 3 is 0.87000 The target of wave 5 is 0.90000 The important support of this analysis is 0.82000
New Zealand dollar vs Canadian dollar analysis Due to the breaking of the upward trend line, it is possible to form a correction wave ABC, which is expected to increase the price up to 0.92000 as wave C. The important support of this analysis is 0.82000
NZDCAD (4H) : Detailed Technical Analysis & Bull Forecast NZDCAD, the pair is looking for bullish moment to fulfill the respective uptrend targets. The current rate of NZDCAD is running around $0.83200 and our research based data indicates that the currency rate has been in the uptrend direction as per data analysis for the recent days. Our team use some...
Looking for a nice push up here after this confirmed BoS to the next liquidity levels.. gl!
Entry Point : 0.83719 Stop Loss : 0.84151 Take Profit 1 : 0.83292 Take Profit 2 : 0.82862 Lots : 0.97