made a new low on NZD CAD if we can pull back into structure
NZDCAD is based below key level at 0.8568 Below SMA 100 on H1 frame Price rejected from 50% Fibonacci of preceding bearish wave at level 0.8573 MACD shows start of bearish momentum It's expected more selling to target demand zone at level 0.8305
ENTRY: 0.84250+- TP: 0.85000 TP2: 0.86000 SL: 0.83500 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!
buy huge bull potential lots of weekly momentum going strong break of ichi moku cloud price above cloud with green ahead lagging span high lots of uptrend potential from here
time to buy with super bullish momentum weekly we have broken ichimoku cloud with green cloud ahead time to long and make money on next massive run
Now looking to short this pair. Precision entries only on our team! 🥰
4H CHART EXPLANATION: - After the volatility at the opening last night, which made price to drop to the Support Zone and then it was strongly rejected, it has broken the Resistance Zone and the Descending Trendline. - We consider that it has potential to reach the Resistance Zone at 0.8800. - Will look for a lower timeframe setup to get involved on this pair. ...
We are looking for long entry above the sellers territory, every retracement would be a great opportunity for long entry. You have more chances to succeed if you go with a trend and support from impulsive moves. Keep it simple and use risk management!
NZDCAD Long Idea We saw a major bounce from support around 0.83750 and a lower timeframe lower high was broken at 0.84500 We have seen some strong bullish volume which could be the start of this daily transition. Looking to enter on a retest and confirmed rejection of 0.84500 Look to target higher to fill this daily range at 0.87000 which is also monthly resistance
I'm looking into a break and retest for the NZDCAD Depending on how the market will open we can see a good bullish move until arroun 0.86112, that match with 0.618 FIB, then a bearish until the trendline so we can get a GOOD bullish move. *Eyes on the graphic* Best Regard José Pêssego
NZDCAD rejected from major downtrendline and resistance at level 0.8536 RSI reached overbought region Pair is below HVN at level 0.8648 It's expected for coming correction to target first key level at 0.8440 then continue going down towards support level at 0.8310
PAIR IN FOCUS: NZDCAD PLAN: SHORT ENTRY: 0.83760 STOP LOSS: 0.83950 TP 1: 0.83500 TP 2: 0.83220 TP 3: 0.83010 REMEMBER TO MANAGE YOUR RISK!
I'm a bit late on publishing this setup as I have been busy after I entered the trade. But here it is, NZDCAD has been running in a downtrend for a while now and is looking to have broken out of a small bullish structure and has now retested the bottom end of that structure. We are now shorting the pair and hoping to form at least a double bottom on overall...
POTENTIAL 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,...
Sell NZDCAD. For more free trade ideas make sure to check us out on instagram, @zenvestments
Correction ended on NZDCAD pair at level 0.8350 Bullish wave (A) ended at level 0.8446 then bearish wave (B) retested demand zone near level 0.8353 Price now is supported above SMA 100 on h1 frame MACD shows bullish momentum It's expected for coming strong bullish wave (C) to retest supply zone near HVN at level 0.8617