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NZDCAD

NZDCAD - Over-Sold Zone!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. NZDCAD is overall bearish trading inside the brown channel, however, it is now approaching the lower brown trendline acting as a non-horizontal support zone . Moreover, the zone 0.76 - 0.77 is a strong support zone. So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support zone and lower brown trendline. (acting as non-horizontal support) As per my trading style: Since NZDCAD is around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) If the blue zone is broken downward, then further bearish movement would be expected. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
10
🌟BUY NZDCAD; it's time to buy 🔥❗🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in the 30-minute time frame (NZDCAD_ 30min) 🔍🧨 💥The price is moving in a Bullish parallel channel💜 If the price can break the Down trend line🖤 and then pullback❗ to the area where the intersection of the DEMAND zone and the bottom line of the Bullish parallel channel💜 (dynamic support) and the support caused by the broken Down trend line🖤, it can experience an upward🔺 trend until Resistance🧡🚀 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 ______📈TRADER STREET📉______
Long
by TRADER_STREET
2
NZD/CAD:SELL From 61.8% FIBO Resistance AREA DIV RSI SHORTNZD/CAD comes from a solid bearish trend, in the last sessions, the price had a retracement to the 61.8% Fibonacci retracement whereas today the market opened with a strong bearish candle. At this price, the level is placed some static resistance and the dynamic trendline. The 100 Moving average had worked like a rebound point where the candle turned bearish and the indicators, the RSI ( in divergence ), and the Stochastic show a drop-down pattern.
Short
by FOREXN1
9
NZDCAD - 4hrs ( Buy Trade Target Range 100 : 200 PIP ) Pair Name : NZD/CAD Time Frame : 4hrs Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Long Side ( ) Type : Mid Term Swing ——————————— Bullish Reversal 0.78100 Area Reasons - Major Turn level - Inner Trend Break - AB = CD Pattern Reversal - Visible Range Hvn Break - Fixed Q / lvn Break - Prev Day High - Prev Week low - innner Head & Shoulder Break Bearish Reversal 0.79000 Area Reasons - Major Turn level - Visible Range lvn - Pattern Target - Fibo Golden - x4 Retest level - Fixed Range Value - Prev Week low Bearish Reversal 0.80000 Area Reasons - Month / Major level - Visible Poc Area - Fixed Poc Area - Pattern Full Target - Prev Q / low
Long
by GoldenEngine
NZDCAD Short-term buy and break-out levels------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- The NZDCAD pair has been following a very specific trading pattern which we have outlined since June and has given us excellent trades: As you see the key here is a recurring bearish sequence within this Channel Down. As long as the 1D MA50 (blue trend-line) is intact as the Resistance, expect Lower Lows within the Channel. Right now, with the 1D RSI breaching the 30.000 oversold barrier and rebounding, we expect at least a short-term rise, as it happened with all 4 other occurrences since March 24 2021. The target is slightly lower than the 1D MA50. If the 1D MA50 breaks, we will consider this a bullish break-out signal targeting the top of the Channel Down and the 1D MA200 (orange trend-line). ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1