NZDCAD 01/09/2024Weekly:
-Inverse H&S pattern.
-IC acting as support.
Daily:
-Bullish M pattern.
4H:
-Bullish M pattern.
-FVG.
-Fib completion.
CADNZD trade ideas
NZDCAD Low TFBias Bullish
Fundamental
NZD have been bullish movement, CAD is moving bearish.
Price Action
Price retrace back to H1 SR level. Price consolidated and rejected from the H1 SR level breaking and closing above the M15 resistance level. Price also break and close above H1 bearish trendline. Price formed a double bottom pattern. H1 engulfing candle can be seen breaking the SR & Trendline levels
Setup
Strategy break and retest
Long setup at broken M15 resistance level.
SL below the swing low of double bottom pattern.
TP in H4 SR level R:R 1:5
NZDCAD TRADE SETUP✅Pair Name: NZDCAD
✔ Classic bullish formation
NZDCAD is holding continuous up trend so after market retracement I can take buy entry. If your analysis matches it take a trade otherwise skip the trade.
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Lingrid | NZDCAD short from STRONG resistance zoneThe market has reached a significant resistance level on the daily timeframe, specifically at the area where a sharp bearish move occurred two months ago. The price action is currently creating a broadening triangle pattern, which can indicate a loss of momentum and increased volatility. Considering these factors, I anticipate a pullback toward the support level, especially in light of the divergence observed in the price action. Additionally, the psychological level at 0.85000 adds weight to the potential for a retracement as we might look to take profits or reassess positions around this key area. My target is support level at 0.83700
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
NEW TRADE!!! - NZDCAD: ITF CURVE ANALYSIS (4D) - DOWNTREND✨ NZDCAD: ITF CURVE ANALYSIS (4D) ✨ (DOWNTREND)
SLO2 @ 0.8475 - TOTALLY LUCKY TRIGGER.... OLD ORDER
SLO1 @ 0.84502 ⏳
SLO1 @ 0.84477 ⏳
SLO1 @ 0.84398 ⏳
SLO1 @ 0.84367 ⏳
SO @ MO (If you're feeling froggy... jump. It's only 25 pips at most to be in DD if it goes up) ⏳
TP1 @ 0.83364
TP1a @ 0.8250
TP2 @ 0.81702
TP3 @ 0.80614
BLO1 @ 0.80352 ⏳ (DO NOT SET!!!!)
BLO2 @ 0.79717 ⏳ (SET PRICE ALERT ONLY!!!!)
🔑
BLO = BUY LIMIT ORDER
DD = DRAWDOWN
ITF = INTERMEDIATE TIME FRAME
MO = MARKET ORDER
SLO = SELL LIMIT ORDER
SO = SELL ORDER
TP = TAKE PROFIT
NOTE: We ate very well on our first posted trade with this pair.... now I'm back for seconds!!! We weren't able to fully get everything this trade had to off but we were able to shave for some profits and close out add-ons before PA came back and hit all of our +SL's. Luckily, it went right back up to our entries and presented us this opportunity to make that profit back and then some...Let's see what it gives
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
NZDCAD Buyers In Panic! SELL!
My dear friends,
My technical analysis for NZDCAD is below:
The market is trading on 0.8437 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8354
Recommended Stop Loss - 0.8490
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
NZDCAD.. positive bias before PCE data announcementUS PCE (Personal spending) data will be announced in the begining of the American session today with positive expectations, if these positive expectations are achieved this means that the economy is strong and will give boost to AUD, NZD and stock markets.
NZDCAD: Bullish Trend (HH & HL)NZDCAD is moving in uptrend and its forming continually HHs and HLs, and there is no bearish divergence or any bearish sign, so we will wait for the break of the previously HHs that is the confirmation of the bullish trend and to take a long trade.
NZDCAD: Time to Buy?! 🇳🇿🇨🇦
NZDCAD has a nice potential to continue growth.
The price has just retested a recently broken key intraday/daily structure.
I believe that the pair will reach 0.8467 level soon.
❤️Please, support my work with like, thank you!❤️
shortThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
IDEA NZDCAD LONG POSITION Pair : NZDCAD
Position : LONG ( BUY )
Entry Price : 0.83500
STOP LOSS @ 0.83250
TP 1 @ 0.83850
TP 2 @ 0.84050
TP 3 @ 0.84500 ( Trailing SL )
NZDCAD Buy SetupToday, we will analyze NZDCAD
Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
NZDCAD: Bearish Continuation & Short Signal
NZDCAD
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCAD
Entry - 0.8442
Sl - 0.8486
Tp - 0.8370
Our Risk - 1%
Start protection of your profits from lower levels
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NZD/CAD: Symmetric Triangle Awaiting Breakout➡ Symmetric Triangle pattern observed, breakout expected on either side
➡ Resistance at 0.8425
➡ Support levels: 0.8355 and 0.8345
NZD/CAD is currently consolidating within a symmetric triangle, indicating a potential for a breakout that could lead to a significant directional move. Traders should watch these key levels closely to anticipate the next market move.
NZDCAD is in the Bearish direction From Solid ResistanceHello Traders
In This Chart nzdcad HOURLY Forex Forecast By FOREX PLANET
today NZDCAD analysis 👆
🟢This Chart includes_ (NZDCAD market update)
🟢What is The Next Opportunity on NZDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZD/CAD Short idea Bearish flag pattern
4h impulse -correction =impulse
side away bearish rectangle pattern
NZDCAD Bearish Reversal OpportunityNZDCAD is near a key resistance zone. A potential Bearish reversal may occur if the price action breaks the previous Higher Low.
Bears may eventually face a strong support zone around 0.814 till 0.806. If this zone breaks, chances of TP2 will increase.
Trade Plan:
4Hr Time Frame
Entry @ 0.83340
Stop Loss @ 0.84350
TP1 @ 0.8233
TP2 @ 0.8132
No. of Trades: 2
Move Stop Loss to Break even if TP1 hits.
NZDCAD still going up. Might want to get in. NZDCAD has about 70-80 pips to go before price hit major zone.
It's NZDCAD 15 Min time frameMaking some small cash waiting for the market to respect my setup so that I can go long with it🤝
NZD/CAD For Bullishyou can go long now
or
wait for entry point and then go long
- general trend is up trend
- price break current resistance and will retest it
have fun :)
NZDCADHi All... I see possible sell from 4hr Bearish Order Block. Also monitoring FIB @ 0.618.
Coming to 1 hr I wait for confirmations either through Candle Stick or Order Block.
Always take profit at key areas - OB/BB/Candle Wicks and set BE
Good luck :)
