Nzdcadshort
NZD/CAD good short position NZD CAD was mostly bullish from last months and now it found a strong resistance at 0.92300. rejected multiple times by the resistance and market now gearing up to gow down to those reas mention below for a retest to broken resistance turned support at 0.89200
look for bearish confirmation and enter sell with your own money management
always remember that with discipline patience always pays
patience is the key
NZDCAD short positionWaiting to recieve candle stick signal below the resistance zone to open a short position
NzdCadI believe it does not force you to overcome the resistance and will make a brief correction for the region close to 23.6 Fibonacci.
NZD/CAD good short position nzd cad rejected from very strong resistance and as we see on higher time frames its going to retest the broken resistance turned support.look for the bearish confirmation and enter sell with your own money management
always remember that
patience is the key
NZDCAD: Be ready to SHORT on this Opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
Since November 2020, the price has been following an interesting trendline, bouncing on it many times during the last few months.
Once it reached the main resistance zone at about 0.92500 on the 6th of January 2020, it just quickly and heavily collapsed back to its main trendline, getting then, a strong trend correction.
It has currently re-testing the S/R zone at about 0.91500 and the next price action on this area will be essential to understand the next market movement.
🔴 Conclusion :
The last bullish impulse wasn't able to break the 0.92000 level and it could be a nice sign of market weakness.
I'll be waiting for more sessions to understand properly the next direction but I'm currently confident to see the price falling down until the main trendline.
I'll update this idea with a clear Signal as soon as we'll get a clear rejection on that level.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your
Bearish Bat PatternNZDCAD BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (0.91867)
Min Take-Profit: (0.91307)
Max Take-Profit: (0.90955)
Stop-Loss: (0.92449)
Max Risk-Reward: (1.57)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
NZDCAD: Looking for a good sell opportunity!I am looking for a short opportunity. Right now I am waiting for a retest and then watch the price action and then jump.
NZDCAD possibile short from 0.9096Hi Traders,
This is our view on this cross for the next few days.
#NZDCAD
SELL 0.9096
SL 0.911
TP 0.9067
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Eventually, any updates will be given in the comment section below
NZDCAD: The Price BROKE the DESCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
NZD/CAD
⚪ Technical Analysis :
In the weekly time frame, since March 2020, the price has been moving in a clear uptrend and one week ago it reached and got a rejection around an important weekly S/R zone.
In the daily time frame, the price is still following a strong ascending channel, it has just got a rejection on its dynamic support on the 6th of January and it's now retesting a daily S/R level.
In the h4 time frame, the price broke its descending channel only one day ago and it's now retesting a resistance level. The next price action will be essential to understand the next market movement.
🔴 Conclusion :
The price has just got a rejection after a clear descending channel and I'm confident to see the price falling down until the next support level at 0.90500.
I'll be waiting for a proper rejection on the current level before entering short in this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
NZDCAD: SELL (long-term)Off of the Daily (D1) time frame, we can see that it is likely for a Head & Shoulders formation to complete on this pair. Now, zooming into the Four-Hour (H4) time frame Horizontal line drawn at 0.91232 is right at the Weekly and Monthly Pivot Point. If price breaks above this line, then we can expect Bears to enter for a weekly sell at 0.91439 . Bears can Take Profit (EXIT) at 0.89544 for the month.
NZDCAD shorts explains inside the chart nothing too complex CAD bulls are in the market taking this towards monthly support levels.
wait on the market to come to you to place your entry
NZDCAD running in 60 pips profit Hey guys, I posted the NZDCAD idea 💡 on 14 January, and it's running in 60 pips of profit. Let me know in the comments section if you guys have any questions. Thanks
NZDCAD - STRONG CLOSE BELOW KEP DAILY LEVELHere i explain why we can see a move to the downside for NZDCAD and how we could see a move to 0.90700 and if wee keep up this momentum we see NZDCAD drop even further to reach 0.90000.
Leave a comment if you agree, disagree or have any questions :)
NZDCAD added to the watchlist Hey traders, here is the analysis for the NZDCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Wave CorrectionNZDCAD WAVE CORRECTION
Market Sell Order Set Up.
Sell Entry: (0.91757)
Take-Profit: (0.91104)
Stop-Loss: (0.92357)
Max Risk-Reward: (1.09)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
