NZDCAD 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.
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.
Price brtoke our resistance zone due to the last night eurusd bullish movement, now expected to go down once and for all.
Hello traders, This is my trade idea on NZDCAD for the next days.
Looking 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. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current levels for sell.
Hello 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 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.
Long : 0.87335 Stop : 0.87100 Target : 0.87600 , 0.87800 Will Take very small position
Hi 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...
Looking 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.
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
Monthly 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 start: 0.87771 stop loss: 0.88108 take profit: 0.86925
Trading 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...
Trading 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...