NZDCAD--Weekly Market Outlook from 06 to 10 April 2020
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NZDCADSETUP
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
NZDCAD Bulls are Ready to Take OverNZDCAD's current chart pattern is unfolding as a bullish Elliot Wave impulse structure. Price seems to have completed wave (iv) of 3 which set a stage for another rally in wave (v) of 3.
Price has also rejected a weekly support area that lined up with a moving average. The potential price target is within the blue zone on the chart.
NZDCAD - NEXT LEGANALYSIS ON NZDCAD
Welcome to my analysis
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30MIN CHart
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Interesting Point of interest In the NZDCAD pair.
- Price above 200 day EMA.
- look for sell signals.
- Expecting some more downward movement.
- Watch 0.85000/0.84320 for take profit.
- MACD showing bearish divergence
Stay Tuned
NZDCAD - BULLS TO CONTINUE PUSH UPANALYSIS ON NZDCAD
Welcome to my analysis
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30Min CHart
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Interesting Point of interest In the NZDCAD pair.
- Price flirting with the 200 day EMA.
- Buy reversal.
- Expecting more Upward momentum.
- Watch 0.84500 for take profit or around 0.84800.
- MACD showing bullish divergence
Stay Tuned
nzdcadok folks since we get precise that nice move down as on previous chart, now im expecting so see some more deeper correction before rushing down again. its early to say whats gonna be but here on this chart im showing my expectations for running flat and expanding. for those who understand patterns there is a gartley taken from the top and butterfly taken from A of the correction. show some love for more updates!