Hello Guys, Weekly and Monthly... NZDCAD is on top registance price in Channel Pattern. We need to wait a correction candle (long red candle on Daily or H4). If you see it, we can go to long run... But there is another obstacle barrier - 50 EMA and 200 EMA in Daily Chart. I hope it is going down Fibo 50% ~ 61%. Good Luck.
- H&S formed, and price broke through it, but we failed to see the push down we wanted - Price has now formed a new higher high and broke through the descending trendline - A pullback down to retest the trendline, and the golden pocket area of the fib could be a good entry to go long
If the price will pull back to the Key Level 0.87986 we can open Buy position. The trend is bullish and this is the main reason to join it. Potential profit will be 3 times bigger than the risk. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Write your comments and questions here! Thanks for your support!
With the price action approaching an old support level from last year's April, we could expect a pullback before getting enough force to continue its downward movement. To the previous demand zone, this pullback will encounter a short entry to capture the bearish momentum ahead. The order: Type: sell-limit S/L: 41 pips - R:R | 1:3 - T/P: aiming towards the...
The price of this currency pair of growth until a certain point, until it reached the level of resistance. The price will fall, but there is one condition. Price Should break through the key level and enter the sell zone. If this happens, then you can sell, otherwise it is pointless. Good luck to you! If you liked this idea, please like and subscribe to my...
Watching that area closely marked by the arrow. Expecting a minor correction phase to begin. Comments, ideas, suggestions, etc are welcome. Forex Guru Wealth Academy
nzdcad first long then short for third touch
NZDCAD H4 - Very similar to AUD, NZD is on fire at the moment, outperformers again, still just trying to anticipate a pullback, a retest of the marked region would be a safe entry point with justified RR and stoploss positioning.
NZD/CAD make a sell pattern . NZD/CAD make a bear flag pattern and break out support level.
Firstly we broke out of h&s pattern and now have a negative retest of the broken neckline. So entering a short with a stop-loss above the 0.89176.