Nzdcadshort
Historical data favors Short NZDCAD(Prediction 42)(Currently at -185pips)
You have 60.17% chance of earning 20pips and 54.39% chance of losing 20pips within the next 24 hours.
Entry price:0.83953
Take profit: 0.83753
Stop loss: 0.84153
(This applies to timezone UTC+8 28 Feb 2020 3pm to 28 Feb 2020 3pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 41)(Currently at -165pips)
You have 66.96% chance of earning 20pips and 59.22% chance of losing 20pips within the next 24 hours.
Entry price:0.8380
Take profit: 0.8360
Stop loss: 0.8400
(This applies to timezone UTC+8 26 Feb 2020 10pm to 27 Feb 2020 10pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 40)(Currently at -185pips)
You have 67.71% chance of earning 20pips and 61.29% chance of losing 20pips within the next 24 hours.
Entry price:0.83907
Take profit: 0.83707
Stop loss: 0.84107
(This applies to timezone UTC+8 26 Feb 2020 3pm to 27 Feb 2020 3pm)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 38)(Currently at -145pips)
You have 54.69% chance of earning 20pips and 53.21% chance of losing 20pips within the next 24 hours.
Entry price:0.83816
Take profit: 0.83616
Stop loss: 0.84016
(This applies to timezone UTC+8 24 Feb 2020 8am to 25 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD sell wag wan trading fam, another short it looks like here. rejection of the 61.8% as well as the descending trend line. SOOOO its looking decent for a short. Watch out for wick fishing up top the 100% and make sure stops are above this. Lets see if we can ride this one down further. Enter upon a 4 hr rejection candle of the purple box shown.
200 PIP GAIN 5/1 RR
Historical data favors Short NZDCAD(Prediction 31)(Currently at -65pips)
You have 58.76% chance of earning 20pips and 50.00% chance of losing 20pips within the next 24 hours.
Entry price:0.85212
Take profit: 0.85012
Stop loss: 0.85412
(This applies to timezone UTC+8 17 Feb 2020 11am to 18 Feb 2020 11am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 30)(Currently at -65pips)
You have 55.12% chance of earning 20pips and 52.78% chance of losing 20pips within the next 24 hours.
Entry price:0.85403
Take profit: 0.85203
Stop loss: 0.85603
(This applies to timezone UTC+8 17 Feb 2020 8am to 18 Feb 2020 8am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
Historical data favors Short NZDCAD(Prediction 29)(Currently at -65pips)
You have 60.87% chance of earning 20pips and 60.40% chance of losing 20pips within the next 22 hours.
Entry price:0.8548
Take profit: 0.8528
Stop loss: 0.8568
(This applies to timezone UTC+8 14 Feb 2020 8am to 15 Feb 2020 6am)
(Enter at your own risk, 1:1, you either get 20pips or lose 20pips)
NZDCAD approaching support, potential for a bounce!
NZDCAD is expected to drop to 1st support at 0.85166 where it could potentially react off and up to 1st resistance at 0.85343.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD SHORTNZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest.
However, we need to wait for further rejection of this zone, so multiple 4hr candle closures forming a spinning top or doji candle (like in the blue circle shown above). If this does become into fruition I will be taking shorts down to the -61.8% Fib level, taking partial profits at the 0% and the -20% to secure some profits.
185 PIP gain 4.5/1 RR
LIKE AND FOLLOW FOR MORE !!
Trading Pathways Analysis of NZDCAD H4 Chart
The outlined white arrow pathway is the predicted pathway that the NZDCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDCAD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
Sell NzdCadAfter reaching a top at 0.88 in mid-December, NzdCad is trading downwards with a low at 0.8540.
The rebound came to confirm new resistance and is corrective in nature, forming a flag.
As long as the pair is under 0.8650 resistance the downtrend is intact and the pair could fall at least till 0.8450