📈💰💡 Review: NZD/CAD Analysis 💡💰📉📈💰💡 Review: NZD/CAD Analysis 💡💰📉
NZD/CAD has caught the attention of traders as it capitalizes on previous liquidity points. This pair has exhibited a promising trend, drawing interest for potential trading opportunities.
🔍 Analyzing the lower time frames reveals clear entry points and potential targets, as indicated on the chart. The bullish sentiment seems evident, with the pair eyeing upward movements.
💼 Traders should keep a close watch on NZD/CAD for potential buy signals, leveraging the insights provided by recent liquidity grabs. This pair holds promise for those seeking profitable trading opportunities.
📊 Overall, NZD/CAD presents an enticing prospect for traders, with clear targets and entry points visible on lower time frames. Keep an eye on this pair for potential gains! 🚀💸
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🔍💼📊
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Happy trading! 🌟📈💵
NZDCAD
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 filled the imbalance and then rejected from bearish order block + institutional big figure 0.82000.
Fundamental news: On Wednesday we will see results of Interest Rate on NZD and CAD, news with high impact on currencies, so pay attention to the results in order to validate the direction.
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✅NZD_CAD POTENTIAL SHORT🔥
✅NZD_CAD will be retesting a resistance level of 0.8193 soon
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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NZDCAD - LONG - BUYLooking to buy after the break above the HMA on the 1HR TF, and will consider partial buying. Will buy again if it dips into the Buy Side LQ Swing/Zone/Order Block. Buying strategy involves waiting for the break above the HMA and retest.
**This is solely my trading strategy and not financial advice.**
**Please trade with proper risk management.**
NZDCAD: Top-Down Analysis & Bearish Outlook 🇳🇿🇨🇦
NZDCAD nicely respected a recently broken key horizontal daily support.
After its bearish violation, an underlined blue area turned into resistance.
Testing the broken structure, the price formed a double top pattern
on an hourly time frame, giving us an intraday bearish confirmation.
We can expect a retracement at least to 0.8136
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NZDCAD Is Going Down! Short!
Here is our detailed technical review for NZDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.807.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.804 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.
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NZDCAD: Intraday Bearish Confirmation 🇳🇿🇨🇦
Yesterday, we spotted a confirmed violation of a key daily support on NZDCAD.
After a retest of a broken structure, the pair formed a nice intraday bearish confirmation.
I spotted a horizontal range on a 4H time frame with a breakout of its support.
Such a violation increases the probabilities that the market will keep falling.
Goal - 0.805
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NZDCAD: Strong Bearish Confirmation 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily horizontal support.
The breakout of a daily structure matches with a violation
of a support line of a horizontal range on a 4H time frame,
giving us a strong bearish confirmation.
I think that the market may reach 0.8115 level soon.
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NZDCAD → Trade Idea | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY NZDCAD
! Great BUY opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
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AUDCAD SELL SIGNALHello guys! its your girl forex potato, i have followed this pair for over a month now looking for signals, finally found one having missed NZDCAD entry.
AUDCAD has been a consistent downtrend for a long time now, it retraced and and now the trendline formed from pull back has finally broken and price is showing a sign of weakness indicating that the sellers are currently strengthened.
CONFLUENCES:
Price is in a downtrend
Pull back trendline is broken
Bearish engulfing
Double top
Hit the follow botton and boost button and let me see your comments if you have a different opinion
NZDCAD:🟢Buy Opportunity🟢
As you can see, the price swept the liquidity below the previous day's low and shifted the market structure.
Now we can expect that the price move lower to collect the inducement and then move higher.
We can define buy-side liquidity as the first target and the previous day's high as our final target.
Please pay attention: We need LTF confirmation in this scenario.
💡Wait for the update!
🗓️27/03/2024
🔎 DYOR
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NZDCAD - Already OverSold ❗️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCAD has been overall bearish, trading within the falling channel in red.
Currently, NZDCAD is approaching the lower bound of the channel.
Moreover, it is retesting a strong demand in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green demand and lower red trendline.
📚 As per my trading style:
As #NZDCAD is hovering around the circle zone, I will be looking for bullish reversal setups (like a double bottom 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: Scalping Bear Trap 🇳🇿🇨🇦
I see a nice bear trap on NZDCAD.
Trading within a wide horizontal range, the price violated its support.
The violation turned out to be false and the market formed a tiny double bottom
on 30 minutes time frame.
We see a strong bullish imbalance now.
The market may keep growing to 0.8175
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NZDCAD - Short from bearish order block ✅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 wait price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.82000.
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More Momentum Ahead in NZD Forex Pairs?After scanning the FX crosses, I'm interested in pursuing trade setups on a few NZD crosses. The NZD crosses have had strong momentum. Until the weekly charts tell me this momentum is fading, I'm going to look to trade this strength.
Essentially I'm looking for trade setups to trade into the PWL/PWH (depending on the cross). I need to see H4 levels respected to then confirm looking for a strong M15 displacement shift to base an entry from.
NZDCAD: Will Start Growing! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move up.
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