Key area of support is 49. Look for break of descending 4 hour trendline or a touch of the long term ascending trendline.
NZDCAD Short Idea The Monthly and daily timeframes are both bullish while the weekly and 4 hour are bearish. Currently we are seeing more bearish potential from the current zone. We saw strong rejection at our monthly resistance around 0.87000 and failure to push higher. Now we have spotted the start of a transition and are now looking for more confirmations....
ENTRY: 0.85650+- TP: 0.85350 TP2: 0.85000 TP3: 0.84700 TP4: 0.84400 SL: 0.86350 Chart time frame - 1W Time for reaching TP - 1-3W Follow, Like, Share or Comment Thanks on supporting! All best!
The price bounce from a downtrend and a resistance zone, broked a up counter trend, and right now is making a corrective structure on the 4H timeframe. to go short i would like to see a 4H candle close below mentioned zone (Red Zone) To the full analysis, educational content and quality signals contact us on Telegram: @FedericoGallo - @MrFlawlezz Instagram: @Forex_society
Please support this idea with LIKE if you find it useful. Initiate Short. Entry - 0.86067 TP1 - 0.84617 TP2 - 0.83311 TP3 - 0.82491 SL - 0.86419 Reason: Price formed Head and Shoulders pattern, Losing its horizontal support. 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...
Hello Bunny's, here is my analysis for NZDCAD. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks
Downtrend, 50% fibonacci, strong resistance. NZDCAD is a prime setup for a short following my rules and strategy. Please leave a like and a follow as it really helps me out I'm becoming extremely active on tradingview so feel free to comment or DM me
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern ! Entering short here with 40pips SL ! What do you think?? Care to comment? join me on telegram so we can discuss other analysis...
NZDCAD is move self in zone can say long time, after yesterday negative results for CAD on rate cut i expecting now to see higher push in price. ENTRY: 0.86650+- TP: 0.86950 TP2: 0.87200 SL: 0.86480 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
CAD seems to be pretty weak at this moment, this could be a nice bullish setup for this pair.
time for nzd cad to go up off support!
Price rejected 0.8800 with a huge rally to 0.8630, breaking the up-trend iniciated on oct'19 ! Since then it's been consolidating with a 40-50pips range! I'm in a Sell right now on 0.8675 where price touched 0.382 fib and got rejected, already in 30pips profit and secured at entry! My initial thought, was that the 0.618 lvl was looking more reliable and i still...
Pattern: Channel Down on 1W. Signal: Bearish as the price was rejected on the 1W MA50, possible making an early Lower High. Target: 0.83000 and 0.80000 in extension.
Looking at Kiwi-Cad from the monthly perspective, we can clearly see that this pair is within a range. In addition to this, the monthly uptrend structure has been broken and would provide us of an indication with regards to a long term trend change. The structure is currently creating lower highs and lower lows, also indicating a H&S pattern on the 4HR timeframe,...
Aveiq Capital Management Group 15th January 2020 Looking at Kiwi-Cad from the monthly perspective, we can clearly see that this pair is within a range. In addition to this, the monthly uptrend structure has been broken and would provide us of an indication with regards to a long term trend change. The structure is currently creating lower highs and lower lows,...
FX:NZDCAD Why are we using technical analysis? We take all the fundamental information directly on the chart, and we always take as reference the levels that the price action offers us. In Forex, the trends that develop are slower than those of equities or commodities. Most traders try to make a profit by hitting and run in this market thinking that they will...
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.