Nzdcadshort
Sell after break of correction Already in a sell on this position with all the risk off the table.. waiting for a break of the corrective pattern to the downside and will then look to get short again
NZDCAD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
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Thank you for your support ;)
GWBFX
NDZCAD - Nose DiveI am placing this sell limit order because I believe this pair will want to respect the descending channel. Now that we have broken the small ascending channel and have come back up to re-test the structure and the 0.618 Fib, I believe we will see a small downtrend emerge. The sell limit has been placed between to 0.618-0.786 Fib in an attempt to get a wick entry for maximum returns, if we don’t get this then we will simply leave the pair and focus on another. Another confluence we can work off of here is the 50 EMA on the 4-hour time frame, It has been broken and we are now coming up to re-test it. Fingers crossed we get the entry and results we are after, the confluences are there so let's hope for the best.
NZDCAD SellNZDCAD Sell
4h
Chart Pattern
-Head & Shoulder
-Price retraced @ neckline
1h
-Break out of trend line
-waiting for retest of trend line
=Sell
NZD/CAD descending channel on weekly chart💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
We can see that there is nice descending channel on weekly chart. Price is also approached MA 200. We expect price to drop from this point.
Let us know what you think about this idea.
Trade safe !
NZDCAD Sell on H4 and 1HNZDCAD 4h
Chart Pattern
-Head & Shoulder
-Price retraced @ neckline
Candlestick Pattern
-Bearish pin bar
-Bearish Engulfing
=Sell
NZDCAD [1H] Slideup to channel trend Sell on it 🔥🔥NZDCAD Slideup to channel trend Sell on it 🔥🔥
How to trade ?
you can see channel trend of 1H. wait untill candle hit on channel line and and priceaction That is open position sell
TP around support trend or half trend
Good luck 🎁🎁🎁🎁
NZDCAD Short Trade PlanHello traders, here is the trade plan for NZDCAD. For trade entry details please refer to the chart. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
NZDCAD (S) LIVE TRADE Short play from resistance 0.8920
4hr :Head and Shoulder formed, followed by a break and retest of 4 hr 50 ema
1hr: Making lower lows and lower highs
Negative: Price is still in a small zone as highlighted on the chart, once we break out of that we could see a strong move to the downside (potential break and retest whats now support as later resistance)
Entered after 1 hr rejected 50 ema with strong bearish momentum, waited for hourly candle to close. Stop loss above recent high + .618 fib.
Looking to next support/resistance level of 0.879 unless technicals show price is turning to move back up. Will use aggressive stop management. Will update bellow.
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** DISCLAIMER* The content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting individuals to make independent trading decisions. Trading can be risky, make sure to use proper risk management!!
The analysis given out reflects my personal ideas and does not mean I personally take the trade, my preferred entry may never actually present itself.
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NZCAD SHORT- H&S formed, and price broke through it
- Want a pullback to the 0.382 FIB which is
around the neckline area
- That would line up with the 50 and 200MA on
the 1HR
- Rejections of those would be a good indication
to go short
NZDCAD ShortAs forecast on the weekly we are bearish bias on this pair for the upcoming weeks. Here on the 4h time frame, we have a head and shoulders pattern as a confirmation for bearish reversal pattern. Expecting a lower low and lower high confirmation.
NZDCAD SHORT - Potential H&S?- Potential H&S forming
- A push up to form the right shoulder, lines up
with the 0.786 FIB
- If we get a clear rejection, could be looking for
shorts
weekly trend on nzdcadTHIS IS MY BEARISH TREND ANALYST
This formation shows us the start of a BEARISH trend!
We should look for a good place here to open sell.
Let's keep an eye on it together!)
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
NZDCAD ShortHello, traders, nzdcad is approaching weekly trend line and we could short it is losing momentum also macd is in favor of sell.
If you liked the idea please like and follow for more.
NZDCAD Sell Setup for Swing Trade.NZDCAD Sell Setup for Swing Trade.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NZDCAD Sell opportunities for this week NZDCAD has just broken the double top region from mid 2019 but price has broken correctively in the form of an ascending channel, with possible sells at the break of the channel with the first correction or at the third touch of the ascending channel!!!
