Nzd-cad
NZDCAD SHORT TRADENZDCAD is based below key level at 0.8568
Below SMA 100 on H1 frame
Price rejected from 50% Fibonacci of preceding bearish wave at level 0.8573
MACD shows start of bearish momentum
It's expected more selling to target demand zone at level 0.8305
NZDCAD week look technicaly based exepcting bulish market
ENTRY: 0.84250+-
TP: 0.85000
TP2: 0.86000
SL: 0.83500
Chart time frame - 1W
Time for reaching TP - 1-2W
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nzd cad a must buy buy huge bull potential
lots of weekly momentum going strong
break of ichi moku cloud
price above cloud with green ahead
lagging span high
lots of uptrend potential from here
nzd cad buy buy buy time to buy with super bullish momentum weekly
we have broken ichimoku cloud with green cloud ahead
time to long and make money on next massive run
NZD/CAD Bullish Scenario by ThinkingAntsOk4H CHART EXPLANATION:
- After the volatility at the opening last night, which made price to drop to the Support Zone and then it was strongly rejected, it has broken the Resistance Zone and the Descending Trendline.
- We consider that it has potential to reach the Resistance Zone at 0.8800.
- Will look for a lower timeframe setup to get involved on this pair.
DAILY CHART ANALYSIS:
NZD/CAD Strong Bullish Momentum (Elite Trading System)We are looking for long entry above the sellers territory, every retracement would be a great opportunity for long entry.
You have more chances to succeed if you go with a trend and support from impulsive moves.
Keep it simple and use risk management!
NZDCAD Daily Analysis 3/8/20NZDCAD Long Idea
We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500
We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500
Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
NZDCAD Break&RetestI'm looking into a break and retest for the NZDCAD
Depending on how the market will open we can see a good bullish move until arroun 0.86112, that match with 0.618 FIB, then a bearish until the trendline so we can get a GOOD bullish move.
*Eyes on the graphic*
Best Regard
José Pêssego
NZDCAD SHORT TRADENZDCAD rejected from major downtrendline and resistance at level 0.8536
RSI reached overbought region
Pair is below HVN at level 0.8648
It's expected for coming correction to target first key level at 0.8440
then continue going down towards support level at 0.8310
NZDCAD - Short opportunityPAIR IN FOCUS: NZDCAD
PLAN: SHORT
ENTRY: 0.83760
STOP LOSS: 0.83950
TP 1: 0.83500
TP 2: 0.83220
TP 3: 0.83010
REMEMBER TO MANAGE YOUR RISK!
NZDCAD SHORT SETUPI'm a bit late on publishing this setup as I have been busy after I entered the trade.
But here it is, NZDCAD has been running in a downtrend for a while now and is looking to have broken out of a small bullish structure and has now retested the bottom end of that structure. We are now shorting the pair and hoping to form at least a double bottom on overall structure.
Please leave a like and comment on the Idea as it really helps me out!
NZD/CAD - HEAD & SHOULDER - SELLPOTENTIAL TRADE: NZD/CAD
I am looking to enter short on this currency pair for the following reasons:
- Head and Shoulder price action pattern is evident.
- Price has created a fake break-out. Buyers are trapped and will realize losses soon.
- Overall down-trending market structure.
- Major zone of resistance at the right shoulder.
If you found this idea useful, leave a like and follow me for more analysis and trading signals.
If you have any questions, feel free to ask in the comment question. I respond to all comments!
You must always use correct risk management when following any analysis.
Happy Trading!
NZDCAD LONG TRADECorrection ended on NZDCAD pair at level 0.8350
Bullish wave (A) ended at level 0.8446
then bearish wave (B) retested demand zone near level 0.8353
Price now is supported above SMA 100 on h1 frame
MACD shows bullish momentum
It's expected for coming strong bullish wave (C) to retest supply zone near HVN at level 0.8617
NZDCAD updateThis could play out very nice ! Already in and with SL locked in entry.
What do you think??
NZDCAD Daily Analysis 2/23/20NZDCAD Neutral idea
NCAD has been very bearish as expected from previous analysis. We finally reached our weekly support around 0.84000
From this level we are waiting on confirmation before making our next move
We could see price action bounce from this level and start retracing. A good short term target would be 0.85000. Look for confirmation at this level
Or
We could see bearish momentum continue and look for price action to fall below our major support zone
Don't miss the great sell opportunity in NZDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.8495). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 0.8425
TP2= @ 0.8345
TP3= @ 0.8245
SL: Break Above R2
Don't miss the great sell opportunity in NZDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.8495). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCAD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 0.8425
TP2= @ 0.8345
TP3= @ 0.8245
SL: Break Above R2
