Maybe the weekend but the worst doesn't stop forecasting for the next week, could be a set up have 3 ideas and entry's in mind for this if it plays out
A nice set up here for the short. We see a wedge pattern emerging and a break out to the downside of the tdi.
TDI Cross on the 30 min chart with a falling Market Base Line. MACD has changed colour alongside this and when you consider the bounce of pivot we have a short set up as long as the candle closes with TDI Cross
There is so much going on here with NZDCAD from a technical analysis perspective. I decided to make it really clear what is happening here. On the left side we can see a long term bullish scenario on the 4h. We see an ascending triangle, which is a bullish pattern. The price has been hitting this resistance line multiple times now, and every time the response...
Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. Please also tell us what you would like to see next.
Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. We will be posting the written version as well so do keep a lookout for that! Please also tell us what you would like to see next.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8443). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8443). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see Symmetrical triangle breakout one can short the pair till its support. Let us know your views on this in the comment section. Thank you all. There is good news for our...
NZDCAD Long Idea This pair is still looking bullish on the 4hr and is making a retrace to the 38.2% If we see a strong rejection from the 0.84500 level we want to target higher toward 0.85600 If 0.84500 breaks it’s likely that our weekly support will be tested around 0.83750
30 min closing above 100 ema is a good long
An ascending triangle pattern is developing as the diagonal support is repeatedly tested. I would expect the uptrend to continue until the horizontal resistance at the 0.854 level is tested (and possibly broken). Should the resistance be broken, we can expect the uptrend to continue towards the resistance at the previous double-top price level. Let me know...
NZDCAD Short Idea All major timeframes are significantly bearish and we are looking to continue with this trend. At the current level we would like to see a retest of our weekly resistance followed by strong bearish setups. This would present a high probability trade and one that would be of good risk to reward. Look to target lower toward major support levels...
NZDCAD Short Idea This pair is looking very bearish on the weekly, daily and 4 hour timeframes Currently we are in what seems like the next bearish leg of this trend. We are looking to target toward the -27% fib level around 0.78500 Potential to enter on a retest of 0.82550 followed by strong bearish setups