NZDCAD
NZDCAD: Bullish Forecast & Outlook
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
❤️ Please, support our work with like & comment! ❤️
NZDCAD: 2 variants for LONGInstrument: NZDCAD
Chart pattern: Bullish Flag
Optimal technical indicator: RSI DYN 28 EMA 20
Current signal of optimal tech indicator: LONG
Optimal technical indicator win-rate: 37%
Days for backtesting: 2231
Timeframe for backtesting: 1D
Price at the moment of forecast: 0,8684
Enter point: 0,8684
Take-profit: on chart
Current stop-loss: on chart
Multiple for stop-loss strategy: ATR(14) x 2
Average trades per month with optimum technical indicator: 2
Average time for 1 trade with optimum technical indicator: 9
Average profit per 1 trade: 0,12%
Projected annual return w/o leverage: 5,4%
Technical analysis applicability for 3325 technical strategies: 63%
Technical analysis recommendations:
Long: 93%
Short: 7%
Neutral: 0%
Stable long-term profit for FOREX, CRYPTO, Equity based on backtesting optimization algorithm. Instant analysis of 3.3K technical strategies
NZDCAD: Classic Trend-Following Setup 🇳🇿🇨🇦
Hey traders,
NZDCAD is trading in a bullish trend since October.
Reaching 0.88 resistance, the pair initiated a correctional movement.
The price dropped to a trend line and perfectly respected that one more time.
Yesterday, the pair broke and closed above 0.86 - 0.8625 horizontal resistance.
It is a very important bullish clue, and it signifies a dominance of buyers again.
Look for buying opportunities from the underlined blue zone:
it is based on a horizontal resistance and a trend line.
I will expect a bullish movement from that area at least to 0.88 level.
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
NZDCAD - 4hrs ( Buy Trade Target Range 250 : 500 PIP ) 💲Pair Name : NZD/CAD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( / long )
Type : Mid Term Swing
———————————
Bullish Break
0.85650 Area
Reasons
- Visible Range Poc
- inner Trend Break Out
- Major Reversal Traded Volume
- AB = CD pattern shape
- Fixed Range Hvn
- inner Head & Should Trade
Bearish Reversal
0.87750 Area
Reasons
- Major Turn level
- Main Reversal
- M / High
- Y / HIgh
- Q / High
- 2 Q / High
- 3 Q / High
Bearish Reversal
0.90500 Zone
Reasons
- Major Reversal
- Major Reversal AB = CD
- Fibo Golden Zone
NZDCAD - 4hrs ( Up + 60 PIP / Tp 1 > Full Tp 240 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 60 PIP.
Target Hit ( 1 )
Account Growth 5 %
NZDCAD - 4hrs ( Up + 120 PIP / Tp 2 > Full Tp 240 PIP ) Pair Name : NZD/CAD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 120 PIP.
Target Hit ( 2 )
Account Growth 15 %
NZDCAD - 4hrs ( Buy Trade Target Range 250 : 500 PIP ) 💲Pair Name : NZD/CAD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( / long )
Type : Mid Term Swing
———————————
Bullish Break
0.85650 Area
Reasons
- Visible Range Poc
- inner Trend Break Out
- Major Reversal Traded Volume
- AB = CD pattern shape
- Fixed Range Hvn
- inner Head & Should Trade
Bearish Reversal
0.87750 Area
Reasons
- Major Turn level
- Main Reversal
- M / High
- Y / HIgh
- Q / High
- 2 Q / High
- 3 Q / High
Bearish Reversal
0.90500 Zone
Reasons
- Major Reversal
- Major Reversal AB = CD
- Fibo Golden Zone
NZDCAD: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the NZDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
NZDCAD Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for NZDCAD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 0.85429, where the 50% Fibonacci line is. Stop loss will be at 0.84845, where the recent low is. Take profit will be at 0.86341, where the 50% Fibonacci line is.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDCAD Trading Plan - 10/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect NZDCAD to go Up after finishing this correction.
Look for your BUY setups below 0.85 level.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer : This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.