CADNZD trade ideas
NZDCADhelllo everyone,, there is BOS in Weekly tf, the day is also very bullish.. price is good for swing trade, wait for pullback to get in.. price may do small correction in small tf instead of higher tf since it very bullish.. price cross 200sma in 4hr which is possible the price will go for long...
good luck traders
NZD/CAD - Clear view on the next step!Hi guys today we would be looking into the NZD/CAD which has been performing in a specific pattern, around the support and resistance areas , currently we reached the overviewed in the chart resistance area, and we would be looking into retesting the previous support area.
Entry: 0.81450
Target: 0.80500
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my community so you can follow up with me in private!
NZDCAD Buyers In Panic! SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8143
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8127
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDCAD: Classic Pullback Trade From ResistanceThe NZDCAD pair appears to have been heavily sold off following a significant test of a key resistance level.
A descending triangle pattern has now formed after this test, indicating strength in selling pressure with a breach of the horizontal neckline.
It is likely that the price could decline to levels between 0.8099 and 0.8088.
Falling towards pullback support?NZD/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance.
Pivot: 0.80683
1st Support: 0.80238
1st Resistance: 0.81436
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NZD/CAD Channel Breakout (22.01.2025)The NZD/CAD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 0.8068
2nd Support – 0.8034
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NZDCADDow theory bearish making LL to LH .
price move in Bearish channel.
no any divergence.
entry price 0.80732
Stop Loss 0.81467
Take Profit 0.79997
RRR 1:1
ICT/SMC NZDCAD Sell Failed to Close Above Strong SwingICT/SMC NZDCAD Sell Failed to Close Above Strong Swing
NZDCAD-BULLSIH IDEANZDCAD is in bullish trend as it is making new HH's and HL's within the bullish channel.
nzdcadits making bullish flag and there is no divergence as well so I have placed buy stop on top of hh incase of breakout I'm bullish.
NZDCAD - Potential Long from Support ZoneThe NZDCAD pair is currently approaching a significant demand zone near the 0.80200 level. Historically, this area has acted as strong support, leading to bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would support the likelihood of a move upward. If the scenario materializes, the price may head toward the 0.81438, where sellers might step in again.
This setup aligns with a potential short-term rebound within the broader market structure. Traders should wait for confirmation of buying pressure before considering long positions.
What are your thoughts on this outlook?
NZDCAD Bullish Reversal: Buy at 0.618 FibNZDCAD shows potential for bullish continuation after a bearish rally, with a bullish divergence double bottom pattern and a break of its neckline. The price has broken a long-term trendline and formed a higher high without divergence, now moving in an ascending channel. A buy opportunity may arise at the lower boundary of the channel, around the 0.618 Fibonacci retracement level, offering a favorable risk-to-reward setup for continued bullish movement.
NZDCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCAD has been bearish trading within the falling wedge pattern in red.
Currently, NZDCAD is approaching the upper bound of the wedge.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green structure and upper red trendline.
📚 As per my trading style:
As #NZDCAD is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD - Potential Buy From Key Support ZoneThe NZDCAD pair is approaching a significant demand zone marked by prior price reactions. This area aligns with a key support level, and the market structure hints at a potential reversal. The overall context suggests that buyers may take control at this level, leading to an upward move.
I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 0.81446 level. This setup aligns with the idea of trend exhaustion near support.
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
NZDCAD GARTLEY PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
NZDCAD: Short Trade Explained
NZDCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDCAD
Entry - 0.8104
Stop - 0.8133
Take - 0.8055
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD1#dow theory is bearish parice making LH to LL
2#no any divergence .
3#also beraish channel fallow
# so my bias is bearish .
Entry price 0.80847
Stop Loss 0.81725
Take Profit 0.7998
RRR 1:1
NZDCAD Trade RecapA short position I took the beginning of last week for a breakeven. Top down analysis explained in the video and also my reasons for the weighted timeframe entry in combination with the management decision.
FX:NZDCAD - Breakeven
Trade Recap CW3Trade Recap of calendar week 3 with just NZD/CAD covered that didn't get triggered in the end
NZDCAD Potential DownsidesHey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.81100 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.81100 support and resistance area.
Trade safe, Joe.
