NZD CAD SELL (NEW ZEALAND DOLLAR - CANADIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current levels for sell.
Nzd-cad
NZDCADTF: 8 HR
Price broke above the current consolidation area. I am looking for a retest of that level before buying for more upside.
NZDCAD MEET RESISTANCE AT DAILY TIME FRAMENZDCAD meets resistance at the daily timeframe and we can expect a potential reversal of strong bullish pair to touch down support at 0.86000 level again.
NZD CAD SELL (NEW ZEALAND DOLLAR - CANADIAN DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
NZDCAD SELLPrice brtoke our resistance zone due to the last night eurusd bullish movement, now expected to go down once and for all.
NZDCAD | DAILY SESSION | SHORTLooking for a continuation down based on the weakness of the CAD. Will also need to monitor the AUD to ensure it is strong for the session.
Big Picture View
Strong: NZD
Weak: CAD
This trade is valid until 29/06/2020 @ 9 pm BST.
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NZD CAD SELL (NEW ZEALAND DOLLAR - CANADIAN DOLLAR)Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current levels for sell.
NZDCAD LONG TRADE IDEAHello guys, here is the trade plan for NZDCAD. For trade details please refer to the chart. If you guys like my analysis please hit like. Thanks.
NZDCAD SHORT TRADE SETUP FOR INTRADAY TRADENZDCAD SHORT TRADE SETUP FOR INTRADAY TRADE
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
NZDCAD Long SetupLong : 0.87335
Stop : 0.87100
Target : 0.87600 , 0.87800
Will Take very small position
NZD/CAD FULL ANALYSIS: Sell opportunityHi traders,
Here's a possible sell opportunity in NZD/CAD. The pair has been in a nice downtrend for a longer period now, and is currently trading at a major resistance level near the 0.88 round-number. The resistance also aligns with the 61.8% Fib level.
Positioning data and recovering oil prices support a sell as well.
Here's a chart of current 2y yield differentials which are pointing lower, so the price might have to catch up with the divergence.
Please hit the "LIKE" button to support our free work. Thanks!
NZDCAD - ShortLooking for a triple top, price has been on a strong bullish push, now seeming to have slowed and met temporary resistance, looking to fade down, good RR offered with a SL above the most recent high to give the trade room to breath.
Great Sell Opportunity for the NZDCAD A price channel with a false penetration from above.
An Opportunity to sell with a break of 0.8714 .
Targets are : 0.8624 and 0.8516
NZDCAD swing - inverse H&S on the monthly possibleMonthly resistance in Red, probable sell area.
Weekly support in blue, targets for sell. Close 75% at first target and leave 25% for the 2nd target with SL at entry.
NZDCAD SELL reversing head and shoulders off key areaNZDCAD SELL
start: 0.87771
stop loss: 0.88108
take profit: 0.86925
Don't miss the great sell opportunity in NZDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.876). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.8715
TP2= @ 0.8685
TP3= @ 0.8620
TP4= @ 0.8570
TP5= @ 0.8530
SL: Break Above R2
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Don't miss the great sell opportunity in NZDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.876). 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 above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.
Take Profits:
TP1= @ 0.8715
TP2= @ 0.8685
TP3= @ 0.8620
TP4= @ 0.8570
TP5= @ 0.8530
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZD/CAD Time for a Retracement by ThinkingAntsOk🔸 4H CHART EXPLANATION:
.
🔸 Price broke the Descending Trendline and made a strong upside move.
.
🔸 Now, it is facing the Resistance Zone.
.
🔸 We are waiting for a definition here. If price breaks to the upside, then the target would be the Descending Trendline, and, if price bounces, then the target zone is the Support Zone.
.
🔸 Will look for a lower timeframe setup when the direction is clear.
🔸 DAILY CHART ANALYSIS:
