Nzdcadshort
NZDCAD - Looking for bearish continuationMy chart describes exactly what I am seeing.
My own bias is to the downside.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
NZDCAD at Key Resistance Level: Will it Drop To 0.82350?OANDA:NZDCAD is approaching a significant resistance zone, marked by prior price rejections and strong selling pressure. This area has historically acted as a key supply zone, indicating the potential for a pullback if sellers regain control.
The current market structure suggests that if the price confirms a rejection from this resistance zone, there is a high likelihood of a downward move. I anticipate that if rejection occurs, the market may head lower toward the 0.82350 level, which represents a logical target within the current market structure. However, a break above this resistance level would invalidate the bearish bias and could lead to further upside.
This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure.
If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments! 🚀
NZDCAD — Sell Setup at Key Resistance ZoneOANDA:NZDCAD has reached a key resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers step in.
If the price confirms resistance within this zone through bearish price action—such as wick rejections or lower timeframe weakness—we could see a move toward 0.81780, which aligns with a logical target based on recent market structure.
However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
NZD/CAD -H1 Chart - Wedge Breakout (27.02.2025)The NZD/CAD Pair on the H1 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Wedge Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8101
2nd Support – 0.8068
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NZDCAD Selling Trading IdeaHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCAD - Short after BOS !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. We can see that price rejected from bearish OB + level 0.82000. As well we have hidden divergence for sell.
On H1 we have regular divergence, so I wait for a short position after BOS.
Fundamental news: Upcoming week on Wednesday (GMT+2) we will see results of Interest Rate on CAD. News with high impact on currencies.
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NZDCAD Will this Evening Star give us some nice pips? NZDCAD formed an evening star pattern. The name is not important but the price action (bullish trend followed by indecision and then by a strong bearish move) could be.
Time will tell.
Switch to your daily chart and note that all this is happening at a significant s/r level.
This is not a trade recommendation, merely my own analysis. Trading carries a high level of risk, so only trade with money you can afford to lose and carefully manage your capital and risk. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
NZD/CAD Channel Breakout (22.01.2025)The NZD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8068
2nd Support – 0.8034
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Best Regards, KABHI_TA_TRADING
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NZDCAD sell Bias Network session Price hit my Daily Point Of Interest (POI) 0.81466 and didn't close above it. There's H4 rejection. 🫴
This is a sell bias for me. Hence I moved down a lower TF to check for Sweep of liquidity and a break to the downside. H2 shows that perfectly.
I'll be looking to sell from 0.81414 and my draw on Liquidity is 0.81031.
What's your insights about NZDCad?
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Wed 11th Dec 2024 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. Enjoy the day all. Cheers. Jim
NZDCAD Pattern FormationThis currency has been forming a rising flag pattern (according to 1D timeframe) and the trend wants to complete the pattern by touching the lower trendline at 0.817.
According to the lower timeframes, there is the formation of a falling wedge, and this will help us come up with an entry position. We will wait for the price to break out of the formation and retest the zone so that we can enter our trade.
NZDCAD - Look for a short position !!Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from bearish OB + institutional big figure 0.83000.
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NZDCAD - Long from bullish order block !! Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB.
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NZDCAD SELL TF H4 TP = 0.8217On the H4 chart the trend started on Sept. 2 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.8217
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
NZDCAD is in the Bearish direction From Solid ResistanceHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Bearish Bias still INTACTI expect a swift bearish counter on Friday's possible retracement candle. The bearish bias on NZDCAD is still intact unless the bullish Friday candle upholds the bulls.
DISCLAIMER NOTICE!
This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.