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Nzd-cad

Possible 900 Pip Run from NZDCADIf we get strong close above .87895 then I will be looking to buy, and buy, and buy, and keep buying lol. I believe the CD (if this plays out) will look a little different, I wouldn't be surprised if price tests the bullish trendline again, as long as that stays in tact I'll be looking to buy, all the way up to the first red line, we also have a wedge shape too that we just broke to the upside this could make for a great opportunity. Let's see how price acts in the coming days.
Long
by elevatedinvestor
1
NZDCAD: Sell opportunity on a Death Cross.The pair is trading inside a 1W Channel Down (RSI = 43.198, MACD = -0.004, Highs/Lows = -0.0038) and is testing the Lower High belt. Following a Death Cross earlier this month, there are high chances for a continuation of the downtrend either within the channel or after a rejection on the MA200. Our TP is 0.85000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope
NZD/CADHere is my bias, not advice. On the larger time frames (daily, weekly) I am BEARISH on this pair. Here is the 4 hour chart and we are looking at a descending channel. Price has bounced beautifully within this channel which has given my conformation. A bearish shark harmonic pattern has formed indicating a sell. We also have a rising wedge and a break on the hourly with a retest ( I typically don't like using the hourly time frame because it doesn't give us any validation on price direction but it seems to be working okay here) I believe we will see this pair retrace to $0.863 and if it breaks that price then it will head towards the .786 fibonacci level Follow me on instagram, DM any questions or concerns @joseph_galluzzo Best
Short
by Joseph_Galluzzo