I thought the Cad was stronger but i was probably wrong. New York Forex is about to open and on NZD which is a long term buyer, there seems to be enough sellers to buy from. i am anticipating the buy at the same spot where i am selling cadjpy.
Hi dear traders .
As its clear we were waiting for shifting from bullish to a bearish .
now its time to sell .the head and shoulder pattern has completed and rejected from 61.8% fibo .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if...
Sell on break below horizontal support....
Potential long continuation on break above triangle pattern. however for now we would like to look for potential short setups.
Price may complete the bat and trendline test at 0.8915 level.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
NOTES:
- All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol.
- We never trade just because the...
NZDCAD Slideup to channel trend Sell on it 🔥🔥
How to trade ?
you can see channel trend of 1H. wait untill candle hit on channel line and and priceaction That is open position sell
TP around support trend or half trend
Good luck 🎁🎁🎁🎁
Hello traders, here is the trade plan for NZDCAD. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
NZDCAD currently in a downwards channel and top channel is holding.
This pair will start to make its way back down towards the bottom of the channel.
Entry:
Wait for confirmation with a daily bear candle close under the up trend line.
Indicators:
1. Pair currently trading in downwards channel acting as resistance.
2. Historically this channel has held so...
Short play from resistance 0.8920
4hr :Head and Shoulder formed, followed by a break and retest of 4 hr 50 ema
1hr: Making lower lows and lower highs
Negative: Price is still in a small zone as highlighted on the chart, once we break out of that we could see a strong move to the downside (potential break and retest whats now support as later...
![NZDCAD: NZDCAD [1H] Slideup to channel trend Sell on it 🔥🔥](https://s3.tradingview.com/h/HpNLMAHw_mid.png "NZDCAD [1H] Slideup to channel trend Sell on it 🔥🔥")
