Nzd-cad
NZDCAD Potential UpsidesHey Traders, in the coming week we are monitoring NZDCAD for a buying opportunity around 0.84100 zone, NZDCAD is trading in a downtrend and currently seems to be attempting to break it out. Once we get rallies above the trend we will be watching a potential retrace of the trend towards more highs.
Trade safe, Joe.
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81950 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction in order to see a potential retrace of the trend towards more lows.
Trade safe, Joe.
NZDCAD, H1 | Short term reversalWe're seeing price test a key 78.6% Fibonacci projection + an overlap resistance. We could see a reversal from here that could take prices all the way down to slightly above the 23.6% Fibonacci retracement at 0.8177.
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NZDCAD Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.81500 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.81500 support and resistance zone.
Trade safe, Joe.
NZDCAD: Sell signal after the 1D Death Cross.NZDCAD completed a Death Cross yesterday on the 1D timeframe with the 1D technicals naturally bearish (RSI = 41.395, MACD = -0.004, ADX = 27.419) as the price is under the middle of the logn term Megaphone pattern.
Every Lower Low has so far been at or under the Fibonacci 1.236 extension. With the 1D RSI under an LH trendline itself, we are going short, targeting the bottom of the Megaphone (TP = 0.8000).
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NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81650 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 0.81650 support and resistance zone.
Trade safe, Joe.
NZDCAD Potential downsidesHey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.81700 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.81700 support and resistance zone.
Trade safe, Joe.
NZDCAD - Round 2 ✅In our last NZDCAD analysis, we achieved a total of 200pips but we could not get past the channel. Price is still somewhat encompassed within the channel. For clarity we've removed the channel so that we can focus on immediate price action.
NZDCAD 4H
Trade Idea:
- Watch for bullish price action on lower timeframe
- Entry on break of red trendline
- Stops below lows after trendline break
- Targets: 0.86 (450pips), 0.88 (650pips)
Goodluck and as always, trade safe!
NASDAQ Approaching an important supply areaHey Traders, in tomorrow's trading session we are monitoring NAS100 for a selling opportunity around 14600 zone, NASDAQ is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 14600 support and resistance zone.
Trade safe, Joe.
NZDCAD Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. currently we are waiting for a correction to see a potential retrace of the trend from 0.82800 support and resistance zone towards more lows.
Trade safe, Joe.
NZDCAD Potential downsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83800 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.83800 support and resistance zone. I would also keep an eye on the stock market to confirm the bias as NZDCAD has a positive correlation with indices.
Trade safe, Joe.
NZDCAD - Trend-Following Sell Setup ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
on DAILY: Left Chart
NZDCAD has been overall bearish trading inside the falling channel in orange and now it is sitting around the upper orange trendline again, so we will be looking for sell setups on lower timeframes.
on H1: Right Chart
For the bears to take over, we need a momentum candle close below the last major low in gray.
Meanwhile, until the sell is activated, NZDCAD can still trade higher and even break the orange trendline upward.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.85300 zone, NZDCAD is trading in a downtrend and currently in a correction phase in which it is approaching the major trend at 0.85300 support and resistance zone.
Trade safe, Joe.
NZDCAD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.842 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently we are waiting for a correction to see a potential retrace from 0.842 support and resistance zone. i would also keep an eye on the indices to confirm the bias as NZDCAD does correlate positively with indices.
Trade safe, Joe.
NZDCAD LongHello guys.
I anticipate that this pair is building a bullish momentum. The price touched a major resistance zone, then bounced. It seems that this zone is weakened and the price will break out of this zone.
My entry point is at 0.852, at the zone, after a breakout and retesting the zone. My stop loss is at 0.844, which is way below the current support zone. I am targeting a 1:3 R:R for this trade.
Remember, risk 1% of your account while trading.
Have a pippy day!
Joe G2H - Selling NZDCAD (Again)Trade Idea: Selling NZDCAD
Reasoning: Selling into downtrend resistance on the daily chart
Entry Level: 0.85014
Take Profit Level: 0.8420
Stop Loss: 0.8542
Risk/Reward: 2/1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Joe G2H Trade: Sticking with NZDCADTrade Idea: Selling NZDCAD
Reasoning: Selling into downtrend resistance on the daily chart
Entry Level: 0.84659
Take Profit Level: 0.8406
Stop Loss: 0.8496
Risk/Reward: 2/1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.