NZDCAD trade ideas
NZD CAD #0010 Short Swing Trading - The trade relies on the liquidity pools around the structures.
- The Main drive for the Sell limit Order placement was the Monthly CHoCH that occurred as labeled in the diagram.
- It is supported by the nearest Break of Structure on the Monthly level, giving the impression that the Trade is on continuation, however, Correction is inevitable.
- We have decided that the Liqidity Pools exist within the Orderblock to give the highest liquidity.
- Our trade is to capture the correction price within the order blocks and ride on the continuation of the Downtrend.
- The nature of this entry is Swing Trading, where holding days are between 3 days to 10 days.
Bearish Forecast on NZDCAD NZDCAD New Forecast👨💻👨💻
This is my personal trade and not in anyway a mandatory setup.
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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Bearish drop?NZD/CAD is reacting off the pivot and could drop to the 1st support.
Pivot: 0.82329
1st Support: 0.82448
1st Resistance: 0.83294
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NZDCAD Is Going Up! Buy!
Take a look at our analysis for NZDCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.788.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.798 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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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NZDCAD Trading Opportunity! SELL!
My dear friends,
Please, find my technical outlook for NZDCAD below:
The price is coiling around a solid key level - 0.8223
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8103
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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
NZDCAD SHORT Market structure bearish on HTFs DW
Entry at Daily and Weekly AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Daily EMA retest
Previous Structure point Daily
Around Psychological Level 0.81500
H4 Candlestick rejection
Levels 6.67
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
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 SHORT Market Structure bearish on HTFs DW
Entry at both Daily and Weekly AOi
Weekly Rejection At AOi
Weekly EMA retest
Daily Rejection at AOi
Previous Daily Structure point
Around Psychological Level 0.82500
H4 Candlestick rejection
Levels 5.31
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
NZDCAD Elliot Waves forecast: Is wave 1 complete?NZDCAD have completed wave 2 which have unfolded as a complex correction WXY. Looks like currently price is making wave 1 of lower degree. If this count is correct we should expect price to retrace to the golden zone fib 50% to 61.8% before resuming the bullish momentum. Lets continue to monitor it a possible short setup when the 1st wave is completed.
NZDCAD Will Go Up! Long!
Please, check our technical outlook for NZDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.825.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.847 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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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NZDCAD Buy Limit Setup
Timeframe: 15 minutes
Direction: Long (Buy)
Entry Type: Limit Order
Risk-to-Reward Ratio: 2.9
Technical Context:
The trade is based on a clean bullish structure following a strong upward impulse. The pair broke above a significant resistance zone, which has now been re-tested as potential support. This zone aligns with a prior consolidation area and serves as a key decision level.
Entry Level:
A Buy Limit order is placed at 0.82162, anticipating a retracement into the broken resistance-turned-support zone.
Stop Loss:
Placed just below the lower boundary of the structure at 0.82037, accounting for potential volatility while maintaining structural invalidation.
Take Profit:
Targeting 0.82463, aligning with the upper boundary of the previous range and offering a favorable risk-to-reward profile of 2.9.
Trade Rationale:
This setup is designed to capitalize on a pullback within a strong intraday uptrend, taking advantage of market structure shifts. By waiting for price to return to a high-probability zone, the entry maximizes precision and minimizes drawdown.
Notes:
This trade was considered only after a successful earlier setup, reinforcing the psychological discipline of not overtrading. The entry is conditional—if price does not return to the desired level, the trade will be skipped, maintaining the quality-first approach.