NZDCAD High probability short when the 1D MA100 breaksNZDCAD 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 broke below the 1D MA100 following a rally of similar magnitude, it always dropped significantly. This is our sell break-out signal.
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NZDCAD
NZDCAD - Potential Bearish Reversal!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, NZDCAD can still trade higher or even break the resistance zone .
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD H1: SHORT IT TP +50/+150 pips (BEARS/SL/TP)(NEW)Why get subbed to me on Tradingview?
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NZDCAD H1: SHORT IT TP +50/+150 pips (BEARS/SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect REVERSAL from
overhead resistance near 8740
🔸 Summary and potential trade setup
::: NZDCAD 1hours/candle chart review
::: short from overhead resistance
::: almost maxed out right now
::: expect decent/strong correction
::: BEARS seek to SHORT RIPS/BOUNCES
::: +150 downside from key S/R overhead
::: speculative BEARISH setup
::: recommended strat: SHORT from 8740/8760
::: reversal setup BEARS speculative C&H
::: BEARISH outlook mid-term
::: TP bears is +50 +150 pips
::: TP1+50 TP2 +150 pips
::: excellent risk:reward on sell side
::: BEARS: SHORT IT from overhead
::: or see lower risk strat above
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/final PUMP
::: Sentiment outlook mid-term: BEARS/CORRECTION
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
NZDCADLast week non-commercials closed 3 331 long contracts and added 858 short contracts on CAD.
NZD was neutral. The majority of traders have been short on this market since the 10th of November and currently 95% of traders are selling. In combination with the price moving upwards, this creates a bullish indicator.
Just need H4 supply to be removed to open up a push higher into Retail traders stops for this to pop higher
NZDCAD long after retest Instrument: NZDCAD
Chart pattern: Bullish Flag
Optimal technical indicator: RSI DYN 28 EMA 20
Current signal of optimal tech indicator: LONG
Optimal technical indicator win-rate: 42%
Days for backtesting: 2231
Timeframe for backtesting: 1D
Price at the time of forecast: 0,8671
Enter point: 0,8671
Take-profit: on chart
Current trailing stop-loss: 0,8579
Multiple for stop-loss strategy in model: ATR(14) x 1
Average trades per month with optimum technical indicator: 3
Average time for 1 trade with optimum technical indicator: 7
Average profit per 1 trade: 0,09%
Projected annual return w/o leverage: 5,3%
Technical analysis applicability for 3325 technical strategies: 67%
Technical analysis recommendations:
Long: 100%
Short: 0%
Neutral: 0%
Stable long-term profit for FOREX, CRYPTO, Equity based on backtesting optimization algorithm. Instant analysis of 3.3K technical strategies
💵Canadian Dollar/New Zealand Dollar💵Analyze (01/09/2023)!!!The Canadian Dollar/New Zealand Dollar was able to break the uptrend line.
Also, we can see Regular Divergence (RD-) between RSI Indicator and Price.👇
I expect the Canadian Dollar/New Zealand Dollar will go down to my 🎯targets🎯.
🔅Canadian Dollar/New Zealand Dollar Analyze ( CADNZD ) 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NZDCAD: Time to Buy 🇳🇿🇨🇦
Update for NZDCAD.
Yesterday, we spotted a confirmed breakout of a key horizontal structure
and we underlined a zone from where we should look for buying opportunities.
Testing the underlined zone, the price formed an inverted head & shoulders pattern this night.
Its neckline was broken.
I expect a bullish continuation now to 0.866 / 0.86975
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDCAD: Bullish Forecast & Outlook
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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NZDCAD: 2 variants for LONGInstrument: NZDCAD
Chart pattern: Bullish Flag
Optimal technical indicator: RSI DYN 28 EMA 20
Current signal of optimal tech indicator: LONG
Optimal technical indicator win-rate: 37%
Days for backtesting: 2231
Timeframe for backtesting: 1D
Price at the moment of forecast: 0,8684
Enter point: 0,8684
Take-profit: on chart
Current stop-loss: on chart
Multiple for stop-loss strategy: ATR(14) x 2
Average trades per month with optimum technical indicator: 2
Average time for 1 trade with optimum technical indicator: 9
Average profit per 1 trade: 0,12%
Projected annual return w/o leverage: 5,4%
Technical analysis applicability for 3325 technical strategies: 63%
Technical analysis recommendations:
Long: 93%
Short: 7%
Neutral: 0%
Stable long-term profit for FOREX, CRYPTO, Equity based on backtesting optimization algorithm. Instant analysis of 3.3K technical strategies
NZDCAD: Classic Trend-Following Setup 🇳🇿🇨🇦
Hey traders,
NZDCAD is trading in a bullish trend since October.
Reaching 0.88 resistance, the pair initiated a correctional movement.
The price dropped to a trend line and perfectly respected that one more time.
Yesterday, the pair broke and closed above 0.86 - 0.8625 horizontal resistance.
It is a very important bullish clue, and it signifies a dominance of buyers again.
Look for buying opportunities from the underlined blue zone:
it is based on a horizontal resistance and a trend line.
I will expect a bullish movement from that area at least to 0.88 level.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDCAD - 4hrs ( Buy Trade Target Range 250 : 500 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 ( / long )
Type : Mid Term Swing
———————————
Bullish Break
0.85650 Area
Reasons
- Visible Range Poc
- inner Trend Break Out
- Major Reversal Traded Volume
- AB = CD pattern shape
- Fixed Range Hvn
- inner Head & Should Trade
Bearish Reversal
0.87750 Area
Reasons
- Major Turn level
- Main Reversal
- M / High
- Y / HIgh
- Q / High
- 2 Q / High
- 3 Q / High
Bearish Reversal
0.90500 Zone
Reasons
- Major Reversal
- Major Reversal AB = CD
- Fibo Golden Zone
NZDCAD - 4hrs ( Up + 60 PIP / Tp 1 > Full Tp 240 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 60 PIP.
Target Hit ( 1 )
Account Growth 5 %
NZDCAD - 4hrs ( Up + 120 PIP / Tp 2 > Full Tp 240 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 120 PIP.
Target Hit ( 2 )
Account Growth 15 %
NZDCAD - 4hrs ( Buy Trade Target Range 250 : 500 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 ( / long )
Type : Mid Term Swing
———————————
Bullish Break
0.85650 Area
Reasons
- Visible Range Poc
- inner Trend Break Out
- Major Reversal Traded Volume
- AB = CD pattern shape
- Fixed Range Hvn
- inner Head & Should Trade
Bearish Reversal
0.87750 Area
Reasons
- Major Turn level
- Main Reversal
- M / High
- Y / HIgh
- Q / High
- 2 Q / High
- 3 Q / High
Bearish Reversal
0.90500 Zone
Reasons
- Major Reversal
- Major Reversal AB = CD
- Fibo Golden Zone