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Nzdcadbearish

NZDCAD Short Trade Setup A #short trade opportunity recently presented itself on the #kiwiloonie (#NZDCAD) #trading chart 📉. This is indicated by the #bearish inverted pin bar candlestick 🕯️ pattern just below the 0.82514 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 0.81000 psychological level and possibly testing the strength of the 0.80946 horizontal support level. As always, please apply appropriate risk management. Happy trading! #crosspair
Short
by charles-okoukoni
Fakeout Play On NZDCAD at 0.911 Standard fakeout trade opportunity. Price briefly crosses above the 0.9110 level and fails to hold above. After seeing price fail to close higher for one 4-hour session, good timing to optimize entry. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Short
by FinancialGamblR
NZDCAD SHORTNZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest. However, we need to wait for further rejection of this zone, so multiple 4hr candle closures forming a spinning top or doji candle (like in the blue circle shown above). If this does become into fruition I will be taking shorts down to the -61.8% Fib level, taking partial profits at the 0% and the -20% to secure some profits. 185 PIP gain 4.5/1 RR LIKE AND FOLLOW FOR MORE !!
Short
by KFX_
Trading Pathways Analysis of NZDCAD H4 Chart The outlined white arrow pathway is the predicted pathway that the NZDCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDCAD will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Short
by Trading-Swing-Pathways
NZDCAD ShortPair broke the 0.92082 weekly support so riding the bearish trend with TP @1.90 and tight SL @0.91. With bearish NZD from stronger USD, and stronger CAD due to bullish sentiment on oil as well as from stronger USD, this pair will more likely slide down to 0.868 new support level by next month if it doesn't bounce back up soon this Friday or earlier next week. www.fxstreet.com oilprice.com www.marketwatch.com Daily: Weekly: Confidence: C(need to be careful not to get whipsawed on sudden reversal especially overall market sentiment for NZD in general is bullish and price arbitrage shows bullish potential as well)
Short
by aiza_belle