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NZDCADSIGNAL

NZDCAD/ Sell Wyckoff & Institutional BiasNZDCAD has reached its D1 Mitigation zone on the body, looks like it could push up to the mitigation on the 50% of the Institutional candle. I've already made my first entries on that first green line and I'm looking to enter my other entries on the black line above. Another thing that confirms my sell is the wyckoff schematic . Price has reached its UTAD area which signals a major reversal and long time sell. The risk to reward ratio used here is very good (5:92) Use proper risk management and safe trading.
Short
by baadmahn
NZDCAD SHORTFormation of a double top on the weekly, daily, and 4H chart gives a strong indication that price will head downwards after experiencing bullish momentum for a period of time. Price is also at an important area of resistance at which I expect the price to be rejected and head downwards to form a bearish momentum. Trading this pair using the breakout strategy. SL: 0.88470 (-59.5 pip risk) TP1: 0.86610 TP2: 0.85387 TP3: 0.84249 TP4: 0.83303 Let me know what you think. Let's get 'em pips :).
Short
by AzaraFx
NZDCAD long trade ideaPlan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
5
NZDCAD sell on H4Plan : wait for 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
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 !!
Short
by KFX_
NZDCAD short sell opportunity on H5 for 100 pips!Plan : horizontal key support breakdown --> wait for prices to bounce off trendline resistance --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
NZDCAD trade idea on H1Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
6
NZDCAD sell on 5HPlan : trendline breakdown --> wait for prices to bounce off trendline / key resistance --> 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX