Nzdcadshort
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.
NZDCAD - Pullback & ContinuePrice has now broken out of the respected ascending channel, I expect a slight drop for buy orders to get activated, then we can expect some more bullish continuation.
NZDCAD SHORTS FROM WEEKLY RESISTANCE**BIAS - SHORT:
NZDCAD has been bullish for quite some time but has now reached resistance on the weekly time frame. A Clear daily ascending channel 3rd touch confirmation is also evident, with lower time frames like the 4hr and 1hr showing signs of reversal patterns. SHORTS can into 0.9000 are very favourable.
NZDCAD – Big SELL opportunity in front of out eyes2020 finally prove to be the time for NZD bull,.. I have been forecasting for a trend change to bearish for several weeks now, but rarely get a proper entry trigger and the price just continue to slowly trickle to the upside especially in this last 2 month that is quite choppy in my view. Will 2021 finally start to favor the bear?? This is a hard question to answer, however one thing that I know is from the technical standpoint it says so,.. and it will be a MASSIVE one.
NZDCAD price is now really at the top (high value area) of High TF ascending corrective structure. We close last week with a clear momentum to the downside. I see no other option to make use of this upcoming bearish trend beside from take the short entry as early as possible as it shows any sign of reversal.
I’m now waiting for just one more trigger for the price to confirm the move to the downside and trigger my short entry. I’m expecting the price to form a small bearish continuation structure (H1 or M15 depending on structure). I will take a short entry as the price break the bearish continuation structure.
Lets see how will this pair develop. Good Luck
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Here is the MOA FX technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.
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NZD/CAD Wave Analysis
The counter is currently in its final stages of the bull cycle.
We expect a three-wave bear cycle to follow it up after the strong run-up.
It is trading around a strong resistance, which could be used to initiate short positions.
NZDCAD D1As we can see market is going in uper channel. So we will find a sell opertunity near its resistence if market show a fake out. we will enter on divergence strategy.
