CADNZD trade ideas
Lingrid | NZDCAD short from STRONG resistance zoneThe market has reached a significant resistance level on the daily timeframe, specifically at the area where a sharp bearish move occurred two months ago. The price action is currently creating a broadening triangle pattern, which can indicate a loss of momentum and increased volatility. Considering these factors, I anticipate a pullback toward the support level, especially in light of the divergence observed in the price action. Additionally, the psychological level at 0.85000 adds weight to the potential for a retracement as we might look to take profits or reassess positions around this key area. My target is support level at 0.83700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NEW TRADE!!! - NZDCAD: ITF CURVE ANALYSIS (4D) - DOWNTREND✨ NZDCAD: ITF CURVE ANALYSIS (4D) ✨ (DOWNTREND)
SLO2 @ 0.8475 - TOTALLY LUCKY TRIGGER.... OLD ORDER
SLO1 @ 0.84502 ⏳
SLO1 @ 0.84477 ⏳
SLO1 @ 0.84398 ⏳
SLO1 @ 0.84367 ⏳
SO @ MO (If you're feeling froggy... jump. It's only 25 pips at most to be in DD if it goes up) ⏳
TP1 @ 0.83364
TP1a @ 0.8250
TP2 @ 0.81702
TP3 @ 0.80614
BLO1 @ 0.80352 ⏳ (DO NOT SET!!!!)
BLO2 @ 0.79717 ⏳ (SET PRICE ALERT ONLY!!!!)
🔑
BLO = BUY LIMIT ORDER
DD = DRAWDOWN
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
SLO = SELL LIMIT ORDER
SO = SELL ORDER
TP = TAKE PROFIT
NOTE: We ate very well on our first posted trade with this pair.... now I'm back for seconds!!! We weren't able to fully get everything this trade had to off but we were able to shave for some profits and close out add-ons before PA came back and hit all of our +SL's. Luckily, it went right back up to our entries and presented us this opportunity to make that profit back and then some...Let's see what it gives
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
NZDCAD Buyers In Panic! SELL!
My dear friends,
My technical analysis for NZDCAD is below:
The market is trading on 0.8437 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8354
Recommended Stop Loss - 0.8490
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NZDCAD.. positive bias before PCE data announcementUS PCE (Personal spending) data will be announced in the begining of the American session today with positive expectations, if these positive expectations are achieved this means that the economy is strong and will give boost to AUD, NZD and stock markets.
shortThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
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NZDCAD Buy SetupToday, we will analyze NZDCAD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
NZDCAD: Bearish Continuation & Short Signal
NZDCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCAD
Entry - 0.8442
Sl - 0.8486
Tp - 0.8370
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZD/CAD: Symmetric Triangle Awaiting Breakout➡ Symmetric Triangle pattern observed, breakout expected on either side
➡ Resistance at 0.8425
➡ Support levels: 0.8355 and 0.8345
NZD/CAD is currently consolidating within a symmetric triangle, indicating a potential for a breakout that could lead to a significant directional move. Traders should watch these key levels closely to anticipate the next market move.
NZDCAD is in the Bearish direction From Solid ResistanceHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCAD Bearish Reversal OpportunityNZDCAD is near a key resistance zone. A potential Bearish reversal may occur if the price action breaks the previous Higher Low.
Bears may eventually face a strong support zone around 0.814 till 0.806. If this zone breaks, chances of TP2 will increase.
Trade Plan:
4Hr Time Frame
Entry @ 0.83340
Stop Loss @ 0.84350
TP1 @ 0.8233
TP2 @ 0.8132
No. of Trades: 2
Move Stop Loss to Break even if TP1 hits.
Bullish rise?NZD/CAD has reacted off the pivot which has been identified as an overlap support and could bounce to the 1st resistance.
Pivot: 0.83460
1st Support: 0.829488
1st Resistance: 0.84189
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZDCAD LongMarket structure Bullish on HTFs 30
Entry at Weekly and Daily AOi
Weekly rejection at AOi
Daily Rejection at AOi
Previous Daily Structure Point
H4 Candlestick rejection
Levels 5.56
Entry 90%
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: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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