NZDCAD Double Top opportunityNZDCAD Double Top opportunity but it may go up if the above resistance line is broken
NZDCADSIGNAL
NZDCAD : 1D : Bearish Divergence on the Daily Technical AnalysisForex : Technical Analysis : NZDCAD : There is confirmed bearish divergence on the daily chart confirmation is from daily high test and failed break out falling back down below previous horizontal resistance OANDA:NZDCAD
NZD/CAD Bearish SetupNZDCAD, showing probability weakness in nzd, nzd near top and suspect reversal in all nzd pairs. cad getting strong. Open two positions by dividing risk half on both, one for short term profit while 2nd hold for target 2 and target 3.
NZD/CAD - ~200 Pips OpoprtunityA reversal from NZD/CAD is expected as it's finding support on top of ema's that acted as resitance up to now.
We can expect it to move back up and hit the 200 ema area *if the 20 ema on the 12 hour holds as support*.
Give it 8 more hours to confirm its strength to reverse.
NZDCAD goes up for next trend line resistance zoneNZDCAD goes up for next trend line resistance zone.
NZDCAD potencial longnzdcad 0.24% making a running flat on one hour time frame use your strategy to trade it, i am just giving you the sense of direction
NZDCAD Watch Out For Bollinger Band Spike And Support BreakHi traders,
I am hoping to see a clean Bollinger Band spike for a reversal to the downside. If it does not happen, then I will anticipate a trade once the support below breaks. Let's see how the chart develops. We will very likely see an RSI Divergence as well.
(This is not a trade recommendation!)
Short Term NZDCAD Long SetupThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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