NZDCAD reached a key daily structure support yesterday. On 4H time frame, the price formed a double bottom formation and broke and closed above a falling trend line. I expect growth on the pair. Goals: 0.8785 0.8865 ❤️Please, support this idea with like and comment!❤️
TECHNICALS This pair has been bullish for quite some time now ever since the 19th of August 2021. I do not expect any long term bearish movements as markets has even broken above previous high created on May 27 2021 what I do expect is for markets to come back down retest the newly created support and then go up further to 83.390 level, being weekly...
NZDCHF has formed a significant bearish engulfing on the daily time frame Entry at the 50% retracement level has been perfectly rejected 3 times. The bearish engulfing candle engulfed 5 previous candles. The daily time frame bearish engulfing candle closed Wednesday. SL set above engulfing candle high. TP set at 3X risk.
Trade details for current trade are shown on the chart. Trade has been live since 13:45 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little red short arrow is entry point and purple line is stop loss. Previous trades can also be seen on...
We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Trade has been live since yesterday afternoon and is moving well. Working the 45M time frame on this strategy. We're only looking for TP3. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is...
Bank of Canada, Macklem: It will take more time for inflation to decline. Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for...
Have you seen that bearish breakout on GBPNZD? The market was steadily growing within a rising parallel channel and just recently its support was broken to the downside. Now I expect a bearish move. Targets: 1.945 / 1.939 ❤️Please, support this idea with like and comment!❤️
NZDJPY is carving out a potential wave 3 high, in this update we identify a high probability pattern to trade for a 5th wave upside extension
NZDCAD H4 Approaching our S/R trading zone at 0.87500 price, possible area to see reversals and a range trade. Seem to be slowing somewhat around this 0.87 whole number, but I image we will break upside. Always looking to instigate positions from our H4 trading zones, rule #1.
If it can break the daily channel upper line, nzdusd can Move up to 0.73000 Else it can Go down to 0.69412 This is not Trading Signal. let me know about what you think.
Price is approaching our pivot at 1.93710 in line with 100% Fibonacci retracement. We see a possible a potential climb towards our take profit at 1.94461 in line with 23.6% Fibonacci retracement. Stochastics D% is at a level where bounces took place previously. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
GBPNZD - Potential Daily Crab, D leg lands in the daily demand zone, clears an imbalance and taps a refined OB (This is my ideal entry for a buy, highest probably, lowest DD trade) However price may just clear the daily imbalance (1.93043 level) and then reverse! Will be watching PA as it reaches this level. First level ill take a swing with LTF confirmation...
Trade details for current trade are shown on the chart. Trade has been live since 4:30 UK time and we are using our POW reversal script. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of...
down trend started !!!! ent : 0.64446 sl : 0.64836 tp 1 : 0.63872 tp 2 : 0.63056 tp 3 : 0.62621
#NZDCAD Daily Here Is Break The Bearish Trend Line After The break We Are lookin For Some Bullish Impulse Movements
NZDCAD has tested a major daily support zone. We have built a base and formed a double bottom pattern. Price has also crossed over my moving averages. Not the downtrend of lower highs and lower lows. Draw a trendline if you must, but this trend is over. One can enter now, or await a higher low confirmation with a close above recent highs of 0.8717. Some interim...
Looking at the Daily Forex charts and using the High Probability & Divergence methods from my books, there were 3x new trade setups identified today. Just be careful of correlation though as the NZD is involved in all 3x trades. Enjoy the weekend all. Cheers.
Here is a quick update on this pair #gbpnzd If you find it insightful, kindly like, comment and share