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Nzdcadshort

NZDCAD - Big short sell opportunity almost readyNZDCAD is in a very high value aea right now. It has now complete the 3rd touch of ascending channel structure in cmmbination with double top areaa (inflection point) in higher TF structure. This is a very igh value area to sell. Nevertheless, with we must pay attention to how the price approaching this area with impulsive leg. Because of that, I cant take any trade here blindly. We need first to wait for a little bit of confirmation before executing any trade. One thing for sure is I will only look for sell setup in this area. All we need now is an impulsive rejection from this area to the downside, continued by a break of bearish continuation structure (ie: bearish flag, rising wedge, pennant, etc). In this area, if I get this bearish continuation structure, any break from this continuation patttern even on small 15m TF will do and will trigger my short sell entry with sl above the continuation structure. Good Luck..
Short
by moa_trading_journal
2
Intraday: NZDCAD BEARISH RetracementWhat we should be looking at for now is a rejection off this strong resistance level @0.8898 price level. We managed to see a rejection off this level previously with price retesting the level once more. However, BULLISH strength is weakening from an H1 timeframe and what I will be hoping to see is a nice rejection off here retesting the trend support before making further BULLISH movement (or a BEARISH breakout). I will update further movement after we see a BEARISH fall from here to the trend support level. Cheers!!! Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
NZDCAD approaching the supply zonecurrently, we are seeing price forming a higher peak and higher trough series, we have room to go down to the 0.8828 level as a target level if the seller manages to hold the price at the supply zone, wait for the price rejection! good luck traders ;) **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
NZD/CAD SELL 1H 📉👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have sell conformation: - Trend was broken. - EMA's give us SELL signal. - Candle close below ASIAN session. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Short
by TBFinan