Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. NZDCAD is overall bearish trading inside the falling channel in orange. Moreover, the zone 0.86 is a resistance and supply zone. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange...
Looks like NZDCAD could potentially develop into the next bullish up move on the lower time frame. From the previous, impulsive phase on the higher time frame, price begin to form into a larger consolidation, correcting the price. With a few swing highs and lows, we see price finally create a smaller descending channel within the larger correction. This is a...
In this week's Tradingview analysis, I've examined eight individual currencies and marked off key levels, support/resistance, and trendlines. These charts help me gauge the strengths and weaknesses of different pairs, which I'll be keeping an eye on for the week. However, the fundamental landscape is also worth watching, especially with the upcoming CPI event....
over all forming descending channel in h4 timeframe recently bounced from lower line now as per descending channel it needs to test uper line falling wedge & bullish flag breakout has already done and indicating bullish move too now expecting major trendline test ( .8590 to 0.8620 area) and if trendline broken too then expecting move towards 0.89 area
Hey Traders, NZDCAD is approaching an important Supply and demand zone so i will be watching a buying opportunity around 0.835 zone as it has been rejected multiple times as mentioned in the chart. i would set 0.855 as a potential target which is considered the trend resistance in case of a decent rejection from the demand area. i would also recommend to take a...
Price broke support 0.08350 after coming down from a double top on the daily tf. price retested 0.08350 and ended the week with a strong bearish candle. im expecting price to retrace to the 0.5 of the whole up move. 1.5 rr
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD. Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on DAILY: Left Chart NZDCAD is overall bearish trading inside the orange channel and we are currently approaching a support zone so we will be looking for buy setups on lower timeframes. on H1: Right Chart NZDCAD formed a wedge pattern but it is not ready to go yet. 🏹...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Here is a detailed update top-down analysis for NZDCAD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
NZDCAD has turned sideways within a Triangle pattern in the past 30 days, showing the first signs of exhaustion on the incredible rally since October 11 2022. We don't recommend buying this pair anymore but instead we can short with high probabilities of success when the 1D MA100 (green trend-line) breaks. As you see on this chart, since 2015 every time the price...
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. on WEEKLY: Left Chart NZDCAD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes. on H4: Right Chart For the bears to take over, we need a momentum candle close below the last low in gray. Meanwhile, until the sell is activated,...
Hi viewers, NZDCAD after todays CAD rate cut, here new bullish push expecting TP1: 0.87400 (60) TP2: 0.87750 (95)
Hey Traders, in today's trading session we are monitoring NZDCAD for a buying opportunity around 0.86 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Looking at the H4 chart, my overall bias for NZDCAD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 0.85429, where the 50% Fibonacci line is. Stop loss will be at 0.84845, where the recent low is. Take profit will be at 0.86341, where the 50% Fibonacci line is. Please be advised...
Hi All, we have a ice opportunity presenting itself on NZDCAD, looking at the weekly inside the downtrend channel we have an inverse H&S forming, now we looking at buying the right shoulder. This pair is a low mover so be mindful holding for couple of weeks. SL, TP and entry marked. Only look for buying opportunities. Many Thanks
NZDCAD on the 4h chart after the over-extended impulse started a retracement move. The market, after the 1st bearish leg , retraced at the weekly resistance where the 50% of the move stands. The move left some liquidity below the support area and we can look for a continuation of the retracement. How can i approach this scenario? I will wait for a possible break...
Hi viewers, NZDCAD UPDATE, first analysis attached, bearish continuation in next days expected TP1: 0.84400 (80) TP2: 0.84100 (110) TP3: 0.83800 (140)
Levels of support and resistance are in place. we have closed above the support. my entry will be when break through recent resistance level which is .875 or i case it will pullback lower .835 Like and comment if agree or have different ideas.