Why I think NZDCAD is bearish!!!Hello traders Hope you are having a wonderful week.
A trendline with more than three touches.
I went to the 2h so that you can see this divergence better. This is an RSI divergence which is showing us the weakness on this uptrend.
As we look at this pivot we can see that If we sell we would be respecting the pivot as I always buy above the pivot and sell below the pivot as it acts as resistance giving me a safe spot to put my Sl.
After putting the daily high low indicator we can see that breaking the white line will result in breaking a 3day resistance that we could not break out of.
cherrs good luck!!!!
NZDCAD trade ideas
NZDCAD: Short-Term Trading OutlookNZDCAD: Short-Term Trading Outlook
NZD/CAD has dropped below a key structure zone on the 60-minute chart. Over the past two hours, the price has tested this area twice.
There’s a good chance that a short-term bearish move could start from the resistance zone at 0.8295.
If the price declines further, it may find strong support around 0.8265 and 0.8245.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your 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.
NZDCAD Trading Opportunity! SELL!
My dear followers,
This is my opinion on the NZDCAD next move:
The asset is approaching an important pivot point 0.8279
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 0.8264
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
NZD/CAD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are going short on the NZD/CAD with the target of 0.812 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
NZD_CAD RESISTANCE AHEAD|SHORT|
✅NZD_CAD is going up to retest
A horizontal resistance of 0.8350
Which makes me locally bearish biased
And I think that we will see a pullback
And a move down from the level
Towards the target below at 0.8275
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCAD Discretionary Analysis: Bounce at 0.83Hello traders and happy Easter Monday!
I'm expecting a bounce on NZDCAD. I'm interested in this 0.83 zone. It might turn into a strong bounce point. If the signs are there, I'm jumping in with a short.
Discretionary Trading: Where Experience Becomes the Edge
Discretionary trading is all about making decisions based on what you see, what you feel, and what you've learned through experience. Unlike systematic strategies that rely on fixed rules or algorithms, discretionary traders use their judgment to read the market in real time. It's a skill that can't be rushed, because it's built on screen time, pattern recognition, and the ability to stay calm under pressure.
There's no shortcut here. You need to see enough market conditions, wins, and losses to build that intuition—the kind that tells you when to pull the trigger or sit on your hands. Charts might look the same, but context changes everything, and that's something only experience can teach you.
At the end of the day, discretionary trading is an art, refined over time, sharpened through mistakes, and driven by instinct. It's not for everyone, but for those who've put in the work, it can be a powerful way to trade.
NZDCAD: Break & Retest Setup 🇳🇿🇨🇦
NZDCAD broke and closed above a key daily/intraday horizontal resistance.
We see a strong bullish reaction to that after its test
and, from a current perspective, we see that it turned into support now.
I expect a bullish continuation at least to 0.8327
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZD_CAD SHORT SIGNAL|
✅NZD_CAD has reached a supply level
So according to our strategy
We can enter a short trade
With TP of 0.8258 and the
SL of 0.8352 as we will be
Expecting a local bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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.
Institutional Supply: NZD/CAD shortsHey,
Next on my list is NZD/CAD.
Like many other pairs, it’s in an extreme move — with our zones acting like magnets where price may finally pause and take a breath.
In these conditions, it’s all about patience. Whether you’re riding strong trends or waiting for a reversal, let the market do its thing.
And as always, be careful trying to catch falling knives.
Kind regards,
Max Nieveld
NZD/CAD Chart Analysis (30m TF) Market Outlook: BearishNZD/CAD Chart Analysis (30m TF)
Market Outlook: Bearish
Entry Point:
Sell at 0.82192 (current price zone marked with horizontal line and price tag)
Take Profit Targets:
TP1: 0.81483 (first horizontal support line)
Final TP: 0.80768 (second and lower support zone)
Support Levels:
0.81483 — Minor support (first target)
0.80768 — Strong support (final target area)
Resistance Level:
0.82192 — Immediate resistance (entry point zone)
Minor intraday resistance near 0.82350 (local highs)
Technical Observation:
Price formed a lower high and is consolidating below resistance.
Bearish breakout setup drawn with projection to the downside.
Confirmation to sell upon clear breakdown below support area and continuation pattern forming.