Nzdcadshort
NZDCAD- 400 PIPS SETUP NOT TO MISS!!Dear Traders, we have got good opportunity to sell NZDCAD at respected area, however, before we enter we got ensure that price comes to our area of entry, after that with stop loss above the horizontal trendline. Longer term bias is bearish in that sense, CAD is expected to bearish in longer term aim.
Let’s not miss this highly probable setup!
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NZDCAD - Long from support ✅Hello traders!
‼️ This is my analysis of NZDCAD .
Here we are bullish from H1 timeframe perspective, so I am looking for longs. I expect price to continue the retracement and then to reject from support zone + institutional big figure 0.87000.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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📣#NZDCAD| The price is close to a critical zone 📣#NZDCAD| The price is close to a critical zone
From the chart, we can see that the price is close to a critical area.
After the price went up almost 1200 pips without taking a break, maybe now is a perfect time for correction.
Price is testing a very old resistance zone and it could push it back down for correction.
Targets:
🎯 0.8500
🎯 0.8340
Thank you and Good Luck!
NZDCAD - SHORT - SWING FORECASTWill be looking at short positions for this pair for the following reasons.
It is approaching a point of Major resistance .
It is sooo far above the Hull 250 EMA that it has to retrace (to get back to equilibrium) most likely to the previous major support level before retesting the resistance level again.
This is a long-term swing for me looking forward at least 6-8 months.
Once it reaches the major resistance zone, I would start looking for short positions.
I would need to zoom in to get a better entry point, once price approached the major resistance zone.
**This is just my trading thought process and does not constitute as financial advice.
**Trading with proper risk management
[ALERT] Correction Imminent On NZDCAD ??This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone.
So I am now looking for a 4hr or above on my custom indicator to catch this first correction down towards 0.82 or below. I will post updates when the trade is triggered.
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