It seems like the final upside wave is about to take place. Most likely it will be a fast move towards one of the resistance levels, but only as long as the support holds.
explains inside the chart nothing too complex CAD bulls are in the market taking this towards monthly support levels. wait on the market to come to you to place your entry
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.9162). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a downtrend and the continuation of downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
NZDCAD got rejected by a weekly resistamce. The price, which is moving inside an ascending channel, retraced until the 0.5 Fibonacci level. According to Plancton's strategy if the price will break above we can set a nice long order. --- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
All confluences on the chart, awesome risk/reward ratio!
Welcome to our weekly trade setup ( NZDCAD )! - 1 HOUR Bullish reaction and closure above main sr level. 4 HOUR Strong breakout and pullback afterwards.. DAILY Overall bullish market structure, good long entries! - FOREX SWING BUY NZDCAD ENTRY LEVEL @ 0.91580 SL @ 0.91150 TP @ 0.92100 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
NZDCAD after breaking above the weekly structure at 0.91750 started a minor consolidation move. If the price will move according to Plancton's strategy we will set a nice long order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h...
Hello to all, NZDCAD setup a double bottom pattern. If we see any breakout about DB neckline we could join long trade. All levels are on the chart. Good Luck! If you find it useful, please support this idea with LIKE.
Standard fakeout trade opportunity. Price briefly crosses above the 0.9110 level and fails to hold above. After seeing price fail to close higher for one 4-hour session, good timing to optimize entry. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take...
NZADCAD after the last impulse until the 0.91450 area, retraced back until the 0.89900 area. The price from there found a support and start and moved up until the 0.90500 where it found a minor resistance. IF the market will manage to break above the structure we can set a nice long order according to Plancton's strategy. ----- Follow the Shrimp 🦐 Keep in...
I predict an uptrend for NZDCAD target: 0.95150 If it does not go the way I predict, then it will possibly go down to 0.86000 after reaching the 0.91600
If we can get a nice bearish close below the blue line these is a great opportunity to sell this pair. After breaking the trendline we saw Bulls trying to get back in control by making a higher high but bears a still under control and strong close below the level would be a great indication of a move to the downside.
2H CANDLE HAS TO CLOSE BELOW THE BLUE LINE FOR VALID SHORT SETUP.