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Nzdcadlong

NZDCAD BUY TRADE IDEA - BREAK OF STRUCTURE & WEEKLY ICIHello everyone, if you like the idea, do not forget to support with a LIKE and FOLLOW for more creation of free analysis. \m/ Monthly, Weekly, & Daily is bullish. We go on the weekly where we can see that we have an ICI to the upside and a major support structure where the market has tested it multiple times before, we are expecting it to retest the support before it continues to the upside. Dropping on the 4H time frame, we are waiting for the MACD to be above the 0 and EMAs are already cut for long, our entry is at the structure and stop loss is below structure and last low, our take profit is at the impulse of the weekly. Trade Signals BUY Entry: 0.88063 Take Profit: 0.90044 Stop Loss: 0.87416 Good luck! Trade wisely, please do proper money management. ~FX_SHIFTER
Long
by fx_shifter
NZD/CAD Is About to Reverse 💡 📈 NZD/CAD | Potential Upward Movement 💡 Buy Limit Order @ 0.88359 🎯 Target Profit 0.88820 🛑 Stop Loss 0.88128 ❌ Do not risk more than 1% of your account on each trade Description: The price found buyers around the 61.80 % Fibonacci retracement level after managing to break the bearish channel pattern. This shows that the buyers are taking control of the market and might push to the upside which is the opposite direction of the current trend. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️ ------------------------------------------------------------------------------------------------ 🙂 Good Luck!
Long
by CollegeofPips
1
Waiting for a pullback to go long NZDCAD 18 Oct, 2021When this market is trending, the relationship it has to the 20EMA is consistently good. The EMA holds the price down when bearish and provides support when bullish. When price touches the EMA it has been a good location to take a trade in line with the trend. We seem to be at the start of a new bullish move and if this holds true, taking a buy at the next pullback could be a good trade with a large potential R/R. The support around 0.8630 has held since mid Aug. and I expect it to hold again. However, nothing is 100% in trading and what was true in the past may not be true now. Place a stop loss on the other side of the 20EMA but give it some breathing space. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management in all your trades.
Long
by Trading_Vista
NZDCAD Looking for Long PositionsHi Everyone, After the rotation in the channel we arrive to the supor level & Base of the Bullish Channel with the indicator in the area of Overbuy Time Frames => M5&H1&H4. 1) First, I want to see a Breakout of the bearish Channel. 2) Second, I want to see any signal, Chartist, Candles or in the indicators to get in. Then I trade as usual 1% Risk. 0.5% for the entry and another 0.5% to get in at the lowess, with a Stoploss ATR Daily. Goodbye & Good Trading!!!
Long
by Bluetrader_CSC
NZDCAD Looking For A Buy IdeaIn this we are looking at the Bat Pattern Harmonic as you can see we watching the trend up Now we wait for the pull back into the logical area ready to push up from the logical area and its also a nice 50% area of this Bat pattern B area looking left see how we have HL trend forming beautifully on its way up to the D point this is where we wait for the pull back you possibly could sell from this area but im waiting for the pattern 50% retrace then take it on the up to continue trend What is your thoughts........?
Long
by Forex_Fire