NZD/CAD - Potential short opportunity may occur if the market remains bullish and moves closer towards the upper resistance level. The chart analysis shows NZD/CAD being rejected by this resistance everytime, over the last 5 years. This shows a good indication of the strength of this historical level, and further supports a short entry. Before entering some...
IF THIS IS THE FIRST "A" OF BEARISH CYCLE CAN GIVE MANY PIPS.
So we broke H4 trend line to the upside. What i see now - we'll at least 0.8900 zone. More pluses for longs: 1) We broke and tested H4 200 EMA 2) The price tested previous low with breaking lower just to do the stop hunt 3) CAD will get weaker. Also, we have CAD news ahead. 4) NZD is getting stronger. 5) Also on DAILY chart 0.8650 zone was a 61.8 FIBO zone for...
Previous analysis worked out very nicely, actually even seen both pattern play out. One quick drop (small bear trap) completing the wedge and because it was a wick also keeping the double bottom alive. So far it is looking very good, almost perfect even. Now this kind of trade can become a big win. If we see that bull flag play out coming days, it's the perfect...
NZDCAD seems to be shaping a nice bullish wedge at a long term support zone. Now the tricky part is, there is potential for a double bottom as well now, so maybe it won't reach the low of the wedge anymore. But instead of guessing, i am going to watch it coming week. Sometimes with a big double bottom pattern like this, with the sharp drop it made, we see a good...
If 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...
4 Hour Chart Analysis: - Price bounced from a Mayor Support Zone. - Price broke the Bullish Corrective Structure. - Bullish Divergence on MACD. - If price breaks the Minor Resistance Zone at 0,881, potential to move up towards the Middle Resistance Zone at 0,896 and, then, towards the Resistance Zone at 0,926. Also, our Weekly and Daily Analysis supports this...
Hi all, I believe that NZDCAD will fall in price! We are at a zone where price has rejected before a few times. We can also set a pending buy order if NZDCAD does want to push up through the resistance! Have fun all!
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...
Hi guys, I am expecting a trend continuation (bullish) on NZD/CAD. I am targeting the 161.8% fib level at around 0.88150. Trade with care. Best, Jesse
Here 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...
PRICE GOT REJECTED AFTER THE RESISTENCE WAS HIT, SELL THE RETEST MOVE TO THE NEXT SUPPORT !
AFTER DOUBLE TOPIS STILL GOING DOWN SELL THIS AND THANK ME LATER, PLEASE CHECK OUT MY PREVIOUS SIGNALS! FOLLOW AND LIKE FOR MORE PRO AND VIP SIGNALS CHARTS