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Nzd-cad

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!
Short
by HONEYSIGNALSFX
1
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
by ForexLeague
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
Short
by ForecastCity
14
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
Short
by ForecastCity
12
NZDCAD | Rejected by Ichi CloudPlease support this idea with LIKE if you find it useful. Reason for a Short Position: Price was rejected by Descending Channel resistance. Also price was rejected bu Ichi Cloud resistance and Pivot Point. Currently crossing the mid line Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advice.
Short
by Anpu
2
NZDCAD Daily Analysis 2/9/20NZDCAD Short Idea We have identified the monthly timemframe as bullish and the weekly,daily & 4hr as bearish Last week we saw this play out to perfection from our analysis. We saw strong bearish momentum confirm the transition to the downside. Now we have seen a lower time frame support level broken and we are looking for a retest. Ideally a retest followed by 4hour/1hr bearish setups would be enough confirmation to enter on. We’re looking to target lower toward our 0.84000
Short
by ForexLeague
1
GBPUSD | Might Lose Strong SupportPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.29109 TP1 - 1.28213 TP2 - 1.27347 TP3 - 1.25466 TP4 - 1.24272 TP5 - 1.23227 TP6 - 1.22122 SL - 1.29407 Reason: Price is sitting on a Strong Horizontal Support and in case the one is broken than sharp decline is expected. Please consider initiate a position on a confirmed breakout of support level. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
4
NZDCAD | Breaking Ichi Cloud SupportPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 0.85682 TP1 - 0.85437 TP2 - 0.85056 TP3 - 0.84562 TP4 - 0.84220 SL - 0.85757 Reason: Price lost Pivot Point support and currently losing Ichi Cloud Support. Consider initiate a position on a confirmed breakout of Ichi Cloud. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
All Major FX Currencies Indexes..: TLRwealth Analysis :. All Major FX Currencies Indexes. #GBP #USD #xxxJPY #EUR #CHF #AUD #NZD #CAD In this "Idea" and the following others, #TLRwealth will spot the best opportunies by "multi & inter convergences" between all the major #currencies in the #forex market. From Y1 (yearly) timeframe to D1 (daily). And in separated thread ideas, we will detail very each currency index to determine the good side (bullish / bearish) of the market. Y1 Q1 MN1 W1 D1 //------- NOTES : TLRwealth open as few brand new thread as possible. So, please to make this Analysis in Favorite to be notified on new UPDATES. TLRwealth Analysis are optimized for "Portrait Mode" screen or mobile/tablet.
by L.C.Trading
NZD/CAD-Daily analysis Hello everybody! -On this daily chart we can see that previous support line(yellow line) now becomes resistance line and the price was rejected when it hit that line. -We can also see that yellow line is very strong support and now resistance because it had multiple touches in the past(about 15). -On daily base NZD and CAD are at same level and on weekly base NZD is stronger than CAD. -I recommend to wait until conformation signal if it is going to happen.In other case if NZD gain more bullish power the price may break that resistance line,... THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49