Nzdcadshort
NZDCAD NZDCAD
-Strong Down trend
-Wait for Retrace
-Need Candle Confirmation
-wait for sell
=Sell Signal
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. Please also tell us what you would like to see next.
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. We will be posting the written version as well so do keep a lookout for that! Please also tell us what you would like to see next.
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.85820 where it is could reverse down to its support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Short NZDCAD Move For Short-term/Intraday Trading SetupA short term downward move can be expected in NZDCAD, especially after the big rally because of falling crude oil prices (CAD is heavily reliant on crude oil prices). I feel that some government intervention will happen to cool off such dropping prices, leading to crude oil prices increasing a bit in the short term, thus giving some strength to CAD, which will cause NZDCAD to fall (expected target is 0.85100).
NZDCAD Short - My opinion, not trading adviceWe had a breakout and a retest of 4h trendline, now waiting for a breakout of counter trendline on 1h for entry.
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.85820 where it could potentially react off and drop down to 1st support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD potential SELL,NZDCAD will have a short sell of as it will create new lows after breaking the trendline for a short. Reasonable trade to consider for the downside.
NZDCAD IS ABOVE THE MIRROR LEVELNZDCAD IS THE BEST TIME TO GO LONG BECAUSE BROKE THE MIRROR LEVEL AND RETESTED IT IS TIME TO GO LONG
NZDCAD--Weekly Market Outlook from 06 to 10 April 2020
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NZDCAD IS GOING TO SHORTNZDCAD FORMED WEDGE PATTERN AND BREAKS THE TRENDLINE THAN RETESTED IT , WE ARE SHORTING THIS PAIR
NZDCAD Trading Plan SELL - Riks Reward 1:3NZDCAD Trading Plan SELL - Riks Reward 1:3
Breakout Support Weekly
NZDCAD potential bounce!
NZDCAD expected to reverse up to 1st support at 0.85981 where it could potentially react and bounce to its resistance at 1st resistance at 0.83459.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
