NZDCAD Simple Trading Plans (Uptrend)The NZDCAD has tentatively rallied in recent history due to a fast easing cycle out of the BOC.
We have further anticipated BOC easing to come today, we also have an increasingly dovish view from the RBNZ that has caused the tentative rise.
Key levels noted within recent uptrend line(s).
NZDCAD trade ideas
NZDCAD: Breakout & Demand ZoneNZDCAD has successfully broke and closed above a significant an intraday resistance cluster and a prominent descending trend line.
The breached vertical and horizontal formations have created a widening demand area.
I anticipate a bullish trend starting from the highlighted blue region, with a target set at 0.8325.
NZDCAD: Bearish Stocks And Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.83100 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83100 support and resistance area.
Trade safe, Joe.
NZDCAD - Short active !! Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action from here as price rejected from trendline + liquidity zone. As well, on H1 we have regular divergence and for conservative entry you can wait break of structure.
Fundamental news: Upcoming week on Wednesday (GMT+3) we have results of Unemployment Rate on NZD, news with high impact on currency.
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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 - 0.8271
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.8205
Safe Stop Loss - 0.8319
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 shortHello everyone, in a weekly timeframe, price break the weekly structure, now looking at 4hr tf price is below 200sma, price will likely remain bearish for long term... price will likely correct to support trendline or break it if price is too bearish.. correction is possible or not, price can make small low high and drop...
good luck...
Price extended. Potential retracement / reversalAnalysis: Price can be identified as extended towards the downside. Thus, we can take the reversal opportunity as price is due for at least a retracement.
Long opportunity: Long at market reopening as High Risk trade towards 0.81854 as Take Profit - 1 level.
NZDCAD OANDA:NZDCAD After the price reaches the specified level,
if you see the bullish hammer candle in the one-hour ( LONG POSITION),
and if the desired level is broken, after the pullback SHORT.
Consider your risk management before entering a trade.
This analysis is for informational purposes only and does not constitute investment advice.
All consequences of using this signal are at your own risk.
AUD/NZD Short, AUD/CAD Short, WTICO/USD Short and NZD/CAD ShortAUD/NZD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
WTICO/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Short
Minimum entry requirements:
• Tap into area of value.
• 1H impulse down below area of interest.
• If 3 touch 15 min continuation or 2 touch 15 min continuation with 3 touch structural approach, 5 min risk entry within it, or reduced risk entry on the break of it.
NZDCAD SHORTMarket structure bearish DH
entry at both Weekly and Daily AOi
Weekly Rejection from AOi
Strong Weekly Bearish momentum
Daily Rejection from AOi
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.42
Entry 80%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
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NZDCAD: Bullish Sentiment Confirmed?! 🇳🇿🇨🇦
NZDCAD has a nice potential to grow after a test of a major rising trend line on a daily.
I see a clear sign of strength of the buyers on a 4H time frame with a double bottom formation
and a confirmed change of character.
I think that the pair will reach 0.82 level soon.
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We have displacementWe have a daily breaker block as our higher timeframe base and and a broken structure before price hiked to clear the swing high at 0.81600. The gathered data indicates a strong bullish market because price filled the fair value gap imbalance, mitigated the order block and we have a clear displacement due to the body close that spiked 0.81700. From here we ought to expect a flip to the unmitigated fresh demand zone for bullish positions. Going aggressive on this one is optional, looking to execute at 0.81420, stop loss of 15 pips just below the demand zone for price to breathe and we are targeting the supply zone at 0.82020 which adds up to a 60 pip target…
NZDCAD Bullish 4H TF(4Div, BOS)NZDCAD shows bullish momentum supported by bullish divergence and break of previous LH or Break of Structure (BOS). Entry is taken with a buy stop placed at 15 pips above the previous LH and SL below the previous LL. TP is at 1:1 at the passing of falling trendline.
What do you think, will it work?