Buy: GBP / NZD SL @ 2.01450 TP @ 2.02990 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
The Reason for short is simple as it's sweep Pre week high did bms going for re-test for short entry at OTE & -OB
The Canadian dollar has been on a bearish trend for quite some time now, so the pairs that end with cad tend to be bullish, but it is reaching its climax, observe the chart and decide when it has confirmed its bullish or bearish movement...
1. Long term strong support at 0.84000 2. Energy prices helped CAD against other commodity currencies. Not sustainable. Expecting a pullback. 3. RSI massive divergence. The price doesn't want to be here but literally pushed because of the huge demand for oil and gas 4. NZD extremely oversold and CAD overbought 5. NZDUSD reached a convenient position of 0.6600...
This pair has been creating swing lower highs and lows on the 4 hour timeframe. If price can stay below the lower high this can be a great quick sell opportunity.
Feb 16 A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
Hello,Traders! NZD-CAD is going up to retest the horizontal resistance above It is a strong key level thus I think that After the retest and the pullback We will see a bearish rebound Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Team and I caught a short earlier on some nice risk reward ratio. looking at the BOS & The forming reversal patterns I believe more down is due.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7071). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.7071). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which...
Important resistance ahead on the weekly chart Bearish channel on the daily chart Minor bullish channel on 4H chart
NZDCAD SELL LIMIT Enter @ 0.85788 TP: 0.84627 SL: 0.86708 Date: 21 February 2022
#NZDJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
On NZD/CAD is nice to see strong buying reaction from the price 0.8535 , there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... Uptrend + Resistance from the past +...
we have a head & shoulder and when broke this uptrend wait to retest and go on
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The instrument remains bearish and aims at the level 1.06450. Only confident fixation of buyers above the level of 1.07580 will give optimism to the pair, but this is unlikely. SELL scenario: Most likely, it will be possible to enter short again at the level of 1.07580, on a rollback. Shorts can also be considered from the current levels. ...