NZD / JPYIf you reach our support range, be ready to buy
The price has reached the bottom of the channel
NZDCADANALYSIS
NZDCAD H1 PROJECTIONReason:
Potential sell setup in the H1 bearish order block or from the 50% of imbalance if it fills.
Wait for confirm and buy signal with NZDCADH1 time frame.
Structure: Break downtrend.
Break Key level and downtrend - retracement.
Wait for retest at Key level 0.88000 and buy signal.
Target is next resistance at 0.88800.
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Wish you all have a good trading day!
NZDCAD TO CONTINUE WITH THE BULLSAs we have seen, price has broken above this key level with bullish pressure.
We also see a break outside the corrective downtrend.
We could see further upside on NZDCAD after a pullback.
We'll be watching for early retracements, pullbacks at key levels, any trend continuation techniques to get us in.
NZDCAD TO KEEP PUSHING LOWER?Since the deep fall from the level of 0.88700, we have seen price continue to create lower lows and lower highs to continue the downtrend.
We just recently broke below a support level at 0.87800. Until we see a break above, we remain bearish and will look for sell opportunities.
If we find a break above then we could switch out bias from bearish to bullish. New targets on this sell would be a new low along the trend.
NZDCAD Sell Zones right now price is in the down trend and we are looking to get in to sell position first zone is our first entry and stoploss of that will be end of the zone if it hits our SL we will open another sell position at next zone with stoploss of 5 pips above the zone and both of the TP would be the zone down below
NZDCAD LONG Price making nice FLAG pattern & trying to brake upper trend line . entry will place after retest.
NZDCAD ANALYSISWe have this pair following our last update and continuing to move down.
We expect a fall to 0.87800 and a bounce from that level to the upside.
If price gets to 0.87800, it would be regarded a higher low on the 4-hour and daily timeframe.
We could see the bounce from there. As for now, we remain patient, riding with the current profit on this pair.
NZDCAD ANALYSISAfter the bullish rally on this pair, we see price reacting to and rejecting the key level of 0.88700.
We could see some short term retracements before any bullish rally would continue.
We would look for short term sells on the lower timeframes once the opportunity presents itself.
nzdcad sellnzdcad sell :
Reasons :
1)there is a nice pattern trend formed in 1h,4h,1d timeframes
2)a bullish pin candle is formed as marked in the previous days which indicates perfect entry for sell
3)bearish naked candle confirmation in 1h,4h time frames
take profit : green line
stop loss : red line
wait for my confirmation to place trade
Wait for confirm and buy signal with NZDCADH4 time frame.
Structure: Uptrend, Price hit trendline and move up.
Downtrend - retracement has been broken.
Wait for the confirmation and buy signal.
Target is next resistance at 0.89000.
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Wish you all have a good trading day!
NZDCAD#NZDCAD
The market is currently moving in the bearish channel and will pull back and change trends from strong support.
NZDCAD TO CONTINUE TO THE DOWNSIDEWith the current bearish momentum and downtrend, it would be wise to flow along.
We're waiting patiently to see how price pulls back into some of these key levels before taking sells.
Patience is required so that we do not jump into absurd trades.
NZDCAD LONGAs we can see, the pair is moving in an ascending channel on the H4, and it has bounce from bottom trend line and a minor support Level 0.87413.
We expecting a bullish continuation, this trade is based on Technical analysis.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 14,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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NZDCAD TO FINALYY CONTINUE ITS UPTREND?After the last impulse move on this pair, we have seen some major pullbacks as though the trend will now continue.
Looking at the current candle formation, price is now bouncing off the daily level and we could see some more upsides.
We're positioning ourselves long with targets at the previous high
NZDCAD Can Go up After the Retracement Before Going Down
Welcome back Traders, Investors, and Community!
Hi Traders, NZDCAD on h1 has been on a downtrend after the Support breakout, it might go up for a pullback before it continues it’s Bearish trend
⬇️Sell now or Sell at 0.8817
⭕️SL @ 0.8837
✅TP1 @ 0.8760
✅TP2 @ 0.8724
✅TP3 @ 0.8678
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
NZDCAD RETEST + CONTINUATIONS.We're intently looking at this pair for a retest before taking continuation buys.
As we clearly see, price is an uptrend and it'll be of no good to fight it.
We are trading inline with this trend, waiting for this pullback before taking buys. Targets remain at 0.89400.
NZD/CAD LONG BUY OPPUTUNITY .......
NZD/USD chart create Bullish butterfly pattern. So,
when breakout 0.86864 resistance level then you can buy this pair.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
PLZ! LIKE COMMAND AND SHARE
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad
NZDCAD ShortHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for NZDCAD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next support area.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
NZD/CAD Running In 40 Pips , And New Entry Might Add SoonThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
POSSIBLE IMPULSE MOVE FOR NZDCAD?At the beginning of this week, we saw strong bullish impulse moves to the upside, and price broke a daily level of resistance.
Now, price is coming back to retest this level as support. Focus your eyes on the wick rejections at the level.
These 4hr candles are in a way rejecting the daily level. We will wait for a strong bullish close to put us in for buys. A nice 100 pips move on the way. Trade Safe.
NZDCAD Can Go up After the Retracement
Welcome back Traders, Investors, and Community!
Hi Traders, NZDCAD on H1 might have a retracement at 0.8727 which is the Support line before it continues its uptrend. If the price reaches at 0.8727 with a reliable candlestick pattern we can go long for short term TPs.
⬆️Buy now or Buy at 0.8727
⭕️SL @ 0.8714
✅TP1 @ 0.8775
✅TP2 @ 0.8797
✅TP3 @ 0.8837
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
