NZDCAD IS ABOVE THE MIRROR LEVELNZDCAD IS THE BEST TIME TO GO LONG BECAUSE BROKE THE MIRROR LEVEL AND RETESTED IT IS TIME TO GO LONG
NZDCADANALYSIS
NZDCAD--Weekly Market Outlook from 06 to 10 April 2020
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NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.85981 where it could potentially react and bounce to its resistance at 1st resistance at 0.83459.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD long trade ideaPlan : wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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NZDCAD long trade ideaPlan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDCAD analysisfollowing price - looking for continuation towards recent levels - confirmation pending
patience is key
anticipate - react - execute
cheers
Historical data favors Short NZDCAD(Prediction 52) (Currently at -285pips)
Based on historical data, NZDCAD will not go above 0.8570 within the next 16 hours
Entry price: 0.8500
Take profit: 0.8430
Stop loss: 0.8570
(This applies to timezone UTC+8 16 Mar 2020 11pm to 17 Mar 2020 3pm )
(Enter at your own risk, 1:1, you either get up to 70pips or lose up to 70pips)
NZDCAD LONG! 4HRPurpose of idea is to complement your research.
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NZDCAD bounced from support, potential for a further rise!
NZDCAD bounced off 0.84800 where it could potentially rise further to 0.87593.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.87596 where it could potentially react off and drop down to 1st support at 0.84832.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD week look technicaly based exepcting bulish market
ENTRY: 0.84250+-
TP: 0.85000
TP2: 0.86000
SL: 0.83500
Chart time frame - 1W
Time for reaching TP - 1-2W
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Historical data favors Short NZDCAD(Prediction 51)(Currently at -265pips)
You have 65.35% chance of earning 20pips and 61.17% chance of losing 20pips within the next 24 hours.
Entry price:0.86115
Take profit: 0.85915
Stop loss: 0.86315
(This applies to timezone UTC+8 11 Mar 2020 12pm to 12 Mar 2020 12pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 50)(Currently at -245pips)
You have 62.96% chance of earning 20pips and 55.24% chance of losing 20pips within the next 24 hours.
Entry price:0.86124
Take profit: 0.85924
Stop loss: 0.86324
(This applies to timezone UTC+8 10 Mar 2020 4pm to 11 Mar 2020 4pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.87593 where it could reverse down to its support at 0.84899.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Historical data favors Short NZDCAD(Prediction 49)(Currently at -225pips)
You have 61.74% chance of earning 20pips and 46.96% chance of losing 20pips within the next 24 hours.
Entry price:0.85441
Take profit: 0.85241
Stop loss: 0.85641
(This applies to timezone UTC+8 9 Mar 2020 2pm to 10 Mar 2020 2pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 48)(Currently at -205pips)
You have 66.67% chance of earning 20pips and 56.00% chance of losing 20pips within the next 19 hours.
Entry price:0.8452
Take profit: 0.8432
Stop loss: 0.8472
(This applies to timezone UTC+8 6 Mar 2020 11am to 7 Mar 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.84892 where it could potentially react off and drop down to 1st support at 0.83759.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Historical data favors Long NZDCAD(Prediction 47)(Currently at -225pips)
You have 61.07% chance of earning 20pips and 58.87% chance of losing 20pips within the next 24 hours.
Entry price:0.84409
Take profit: 0.84609
Stop loss: 0.84209
(This applies to timezone UTC+8 5 Mar 2020 2pm to 6 Mar 2020 2pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 46)(Currently at -205pips)
You have 64.81% chance of earning 20pips and 58.18% chance of losing 20pips within the next 24 hours.
Entry price:0.83922
Take profit: 0.83722
Stop loss: 0.84122
(This applies to timezone UTC+8 4 Mar 2020 11am to 5 Mar 2020 11am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD bounced from support, potential for a further rise!
NZDCAD bounced off 0.83865 where it could potentially rise further to 0.84412.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
