NZDCAD - Video Top-Down Analysis!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
#NZDCAD Analysis by We Trade WavesHey guys, above is NZDCAD Analysis and update for all of you, we are expecting market to go up but we will not enter before getting our Buy Setups and even if market goes down to break the low once more, we will look for Buy Setups again.
Can the market change the structure?
Sure, if so we will update you here or during our live sessions
DO NOT JUMP IN - Jumping in without using stop loss or risking big or following anyone blindly leads to big losses.
You have to wait for your setups and use proper risk management!
If you want us to post more charts, setups and explain more about the next move, make sure to follow us, like and comment.
What we are sharing here is our point of view on what could be the next move in the market based on We Trade Waves wave analysis concept so this is a directional bias and not signals...
DO NOT FORGET "We Trade Waves" 4 GOLDEN RULES:
1) Do not over-risk
2) Do not over-trade
3) Do not trade without stop loss
4) Never ever add to losing position
DISCLAIMER: We Trade Waves is not a signal service. Instead, it involves sharing our perspective and detailed analysis based on our unique wave analysis concept. We cannot be held responsible for any financial gain or loss that may result from following our analysis.
Trade with care
We Trade Waves Team
NZDCAD - Potential Bullish Reversal!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.
🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray last swing high to buy.
Meanwhile, until the buy is activated, NZDCAD can still trade lower inside the blue support zone.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NzdCad- Swing trade in sightBack in November 2022, NzdCad managed to break back above 0.83 resistance and reached a high at 0.88.
Now the pair is correcting the aggressive 1k pips rise that started last year and this could provide us with a good trading opportunity for the medium term.
Support is very well defined at 0.83 and in this zone traders should look for buying signals.
The 0.9 zone could be the target
NZDCADAfter completing the pattern of class A harmonic in the wedge range and after climbing up to the range of 0.84171 and 70.7CD from the last log of the pattern.
Now, we can expect a reduction of up to 2 important static ranges at the intersection with the pivot points at 0.84066 and 0.83910.
The range of 0.84066 is very important and actually a confirmation for the next target.
Between the C peak of the pattern 0.84345 and the current peak, we also see a negative divergence, which requires a break of the 0.84066 range to be confirmed.
The range between two specified targets also has a resistance property
NZDCAD - 4hrs ( Sell Trade Target Range 280 PIP ) 💲Pair Name : NZD/CAD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( / Short )
Type : Mid Term Swing
———————————
Bearish Reversal
0.86100 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Pattern Break Out
- Harmonic Pattern Reversal
- Prev Week low Break Out
Bullish Reversal
0.83500 Area
Reasons
- Major Turn level
- Pattern Target
- Fixed Range poc Area
- Prev Quarter Mid Area
NZDCAD - 4hrs ( Down + 70 PIP / Tp 1 > Full Tp 280 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Down + 50 PIP.
Target Hit ( 1 )
Account Growth 5 %
NZDCAD - 4hrs ( Down + 140 PIP / Tp 2 > Full Tp 280 PIP Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Down + 140 PIP.
Target Hit ( 2 )
Account Growth 10 %
NZDCAD - 4hrs ( Down + 180 PIP / Tp 3 > Full Tp 280 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Short
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Down + 180 PIP.
Target Hit ( 3 )
Account Growth 13.5 %
NZD/CAD LONG POSITON livetradingthe Pair has created support to the area and is refusing to push the bears.
We have a trade with stop below the bottoms and the take profit just above the next resistance area.
price entry 0.84281
stop loss 0.83440
take profit 0.85300
it is a trade with 1-1 risk.
this is only my personal opinion do as you wish always with properly risk management 1-3%
NZDCAD - SHORT setupHowdy everyone. NZDCAD is currently showing signs of bearish momentum, with a clear downward trajectory as it aims to develop a new low on the daily time frame. The 4-hour moving averages are currently positioned above the price action, further reinforcing the bearish sentiment. In addition, a 4-hour bearish engulfing closure has recently occurred, providing confirmation for short position. Furthermore, we are around 100 pips away from the potential daily MA of 100, which could act as a significant re-test reaction zone. Overall, the technical indicators suggest that NZDCAD may continue to face selling pressure, with the potential to push the pair to new lows. ✨
NZDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I look price to continue the retracement and then to reject from bearish order block to open a short position.
Like, comment and subscribe to be in touch with my content!
NZD/CAD: Volume Profile 📊 and Price Action Analysis 📋On NZD/CAD is nice to see strong sell-off from the price 0.84940, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area are my mainly reason for this short trade....
Happy trading
Dale
NZDCADCurrently, the best strategy is to follow the fluctuations inside the channelized space.
The movements were very harmonic and accurate.
In its first move, it completed ABCD. Then, in response to the bottom of the channel and the formation of a positive divergence, growth can be expected. 2 Expected ranges can be predicted based on the pivot point in the ranges of 0.84935 and 0.85409 until reaching the static range. After that, the reaction should be checked to continue.
In general, the goal of ascending and completing a reciprocal pattern is not far from expected.
NZDCAD- 400 PIPS SETUP NOT TO MISS!!Dear Traders, we have got good opportunity to sell NZDCAD at respected area, however, before we enter we got ensure that price comes to our area of entry, after that with stop loss above the horizontal trendline. Longer term bias is bearish in that sense, CAD is expected to bearish in longer term aim.
Let’s not miss this highly probable setup!
Please show support by following and liking the idea.
NZD/CAD PERFECT BEARISH OUTLOOKOANDA:NZDCAD
HI,TRADER'S AS per Technical Analysis Price breakdown SYMMETRICAL TRIANGLE PATTERN
Price now in bearish zone , Possible Retest To 200EMA region ,
Perfect entry Level for sell once Market retest 200ema and triangle
For long term Market looks Bearish
❤️Please, support my work with follow ,share and like, thank you!❤️