Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
The pair is trading within a 1W Channel Down (RSI = 37.641, MACD = 0.014, Highs/Lows = -0.0048) since the end of March 2019. The pattern has provided clear Lower Highs (to short) and Lower Lows (to long). At the moment the price is rebounding off a Lower Low on a bullish 1D RSI sequence. Last time this 1D sequence took place within the Channel Down was in May and...
on NZDCAD there is a high chance to see bullish continuation. For confirmation, we are waiting for a bullish breakout of a resistance line of a triangle. Stop will be below the lowest point of the triangle Target levels: 0.846 0.850 *if the market closes below the support of the triangle, setup will be invalid
NZDCAD Broke major down trend line with long strong up wave then form triangle ( consolidation pattern ) price breakout triangle , price will continue it's up direction the pair could break strong resistance @ 0.8412
I am folow situation on trade talks we are have 5 diferent news today, last news are be positive for EUR, AUD, NZD, CAD they are gain power, CHF, JPY are lose power, i expecting after my analysis to see push higher in price. ENTRY: 0.84050 TP1: 0.84350 TP2: 0.84700 TP3: 0.85000 SL: 0.83000 Chart time frame - 1D Time for reaching TP - 1-5 days Follow, Like,...
Daily Chart Explanation: - Price is on an important Support Zone. - Bullish Divergence on MACD. -If price starts its up move from here, it has potential to break the Descending Channel and, then, go towards the Middle Resistance Zone. If price also breaks it, there is potential to move up towards the Major Resistance Zone. Weekly Vision: Updates coming soon!
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8360). 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 above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.8360). 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 above the 21-Day WEMA which acts as a dynamic support....
almost completed bearish cypher pattern on NZDCAD. Entry is based on structure. Entry - 0.846 Stop - 0.853 T1 - 0.839 T2 - 0.832
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
> NZDCAD is at a buying point with a nice risk/reward ratio. > it just touched the upper trendline where the buyings are taking place currently. > Also it is in a triangle setup.
Hi traders. Here's the daily chart of the NZD/CAD pair that shows a 1-year low reached on Friday. The pair has found some buying pressure this week, which has sent the price retesting a horizontal resistance level around the mid 0.83s. We could also see a retracement to the 61.8% Fib level, which aligns with a falling trendline, before continuing to the...
CAD is today gain power on opening of markets from oil event (plant atack), we can expect much more bigger down trend. NZD is the weakest currency. TP1: 0.83650 ENTRY: 0.83950+- SL: 0.84560 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
CAD is today gain power on opening of markets from oil event (plant atack), we can expect much more bigger down trend. NZD is the weakest currency. TP1: 0.84000 ENTRY: 0.84280+- SL: 0.84780 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
potential bearish cypher pattern on NZDCAD. pattern completion point is lying perfectly on structure. Entry - 0.849 Stop - 0.851 T1 - 0.8472 T2 - 0.8459