CADNZD trade ideas
NZDCAD – Short-Term Bullish Setup (1H Divergence)✅ Key Observations:
Timeframe: 1 Hour
Signal: Bullish Divergence
Bias: Short-term bullish, possibly within a larger corrective structure
🔍 Technical Confluences:
Bullish Divergence on RSI or MACD:
Price made a lower low, while oscillator made a higher low – signaling weakening bearish momentum.
Possible Support Area:
Near a recent demand zone
May coincide with a minor trendline or Fibonacci level
Candle Structure:
Look for a bullish engulfing or pin bar to confirm reversal
📈 Trade Plan – LONG Position
Entry:
Buy after confirmation candle forms (bullish candle closing above previous one)
Or after a minor resistance break (micro-structure shift)
Stop Loss:
Just below the swing low where divergence formed
Take-Profit (Short-Term):
TP1: Nearest resistance level / recent high
TP2 (optional): Fib 0.618 retracement of the previous bearish move
Risk-to-Reward: Target at least 1:1.5 or 1:2
⚠️ Watch For:
A pullback before the full move starts – don't chase the first green candle blindly
If price makes a lower low with no divergence, re-evaluate the setup
NZDCAD: Bullish Move From Support 🇳🇿🇨🇦
There is a high chance that NZDCAD will go up from the underlined support.
As a confirmation, I spotted a cup and handle pattern on an hourly chart.
Goal - 0.792
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NZDCAD What Next? SELL!
My dear subscribers,
This is my opinion on the NZDCAD next move:
The instrument tests an important psychological level 0.7949
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.7903
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Bullish bounce?NZD/CAD has bounced off the pivot and could rise to the 1st resistance.
Pivot: 0.81458
1st Support: 0.81095
1st Resistance: 0.82317
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💡Chart analysis of the NZD/CAD currency pair (4-hour timeframe). A falling wedge pattern appears, a reversal pattern that indicates a potential price rally after a breakout. The MACD indicator supports the bullish scenario, showing improved buying momentum after the breakout.
⛔️Not investment advice. For educational purposes only.
Bullish bounce?NZD/CAD has bounced off the pivot which acts as a pullback support and could rise to the 1st resistance which is a pullback resistance.
Pivot: 0.81458
1st Support: 0.81069
1st Resistance: 0.82317
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.
NZD/CAD Daily AnalysisPrice is moving within an ascending channel with price now testing support.
Look for potential buy setups after a change of sentiment on the smaller time frames if this meets your strategy rules.
This is an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
NZDCAD ShortsMarket structure bearish on HTFs 3
Entry at both DW
Weekly Rejection at AOi
Daily Rejection at AOi
Previous Structure point Daily
Around Psychological Level 0.82000
H4 EMA retest
H4 Candlestick rejection
Levels 4.3
Entry 105%
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: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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