NZDCAD BULLSOn the Weekly and Daily chart price is moving downwards. Price retrace the 61.8% Fibonacci level on the 4 hour chart. FVG filled. Wait for a reversal candlestick.
NZDCAD trade ideas
NZDCAD BULLSRetracement to ward the low that created a new HH and broke structure. Current demand zone is the POI... Currently waiting for price to pull-back to the demand zone for buy entries!
Nzdcad sells Selling NC again break and retest of this trendline, sending her back to the downside tp 0.82830
NZDCADNZDCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
Bullish bounce?NZD/CAD is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as a pullback resistance.
Pivot: 0.84367
1st Support: 0.83708
1st Resistance: 0.85278
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NZDCAD LONGMarket structure Bullish on HTFs 30
Entry At Daily AOi
Weekly candle stick Rejection
Strong bullish momentum
Daily Candlestick Rejection
Previous Structure point D
Round Psychological Level 0.85000
H4 Candlestick rejection
Rejection from Previous structure
Levels 7.1
Entry 90% A
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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NZDCAD TRADE RECAP AND KEY LESSONSI shared this forecast today, and I hope most of you who follow my forecast got into this because price gave us nice entry and it was exact at the same area we forecasted! Watch this video to the end to see how I took it and the reasons of taking it!
NZDCAD - A Bull Trap after a Bear Trap?NZDCAD continues its bullish run and is entering into the Parabolic trend zone.
There have been signs of bearish momentum divergences on the indicators which has led people into shorting prematurely and being caught in a bear trap.
Many short traders are watching in anticipation of a violent move to compensate for the continued fake-outs. It's proximity to the last pivot high could result in another move with either a bull trap or a breakout. Patience needed.
NZD CADTHIS IS MY SETUP FOR NZD CAD
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
NzdCad Trade IdeaNc at the moment is extremely bullish at the moment. NC longs are definitely valid here as long price can respect the retest and flip smaller time frame bearish structures to bullish to then be in sync with the higher time frame trend. If price comes back down the current level its at then we can expect price to drop below 85000 and possibly tap 84300 again.
Sell NZDCADSell limit order place at fib retracement level, Nzdcad making a bearish divergence at 1h timeframe and also break their last Higher Low.
NZDCAD short movePrice is currently rising towards our resistance level, any bearish reaction cloud leads to downside movement in price.
NZD/CAD Bearish Reversal: Break of Higher LowNZD/CAD has broken its higher low, and the bearish divergence suggests a potential bearish reversal.
@NZDCAD SELLFX:NZDCAD
NZD CAD SELL
ENTRY Area = 0.85600 - 0.85400
TP = 0.85000
SL = 0.86150
NZDCAD break trendline and will hit 0.85000 as a demand Area
NZDCAD FORECASTThis pair seems to have bigger potentials on the coming days, what we need to do is just to stay patient and wait, because in these areas most of people are tagged in and out, we need to wait for the confirmation as the market communicates every time!
I just appreciate you for taking time to follow my contents! Let's grow together
Bullish bounce?NZD/CAD is falling towards the support level which is a pullback support that slightly below the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.85288
Why we like it:
There is a pullback support level which is slightly below the 38.2% Fibonacci retracement.
Stop loss: 0.84756
Why we like it:
There is a pullback support level.
Take profit: 0.86072
Why we like it:
There is a pullback resistance level.
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NZDCAD - Long from bullish order block !! Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. My point of interest is price to fill the imbalance lower and then to reject from bullish OB.
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NZDCAD idea pt1This weak is looking even slower than last week but last week we still managed to catch a move so let's see if we get the same thing this week. All timeframes in sync need price to get the that zone and round number and hopefully hold to create new highs ⚐
NZD_CAD LOCAL SHORT|
✅NZD_CAD went up just as
I predicted in my previous analysis
But is now approaching a supply level of 0.8624
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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NZD/CADFull analysis of the NZD/CAD pair
1- An ascending price channel on a 4-hour frame
2- Touch the left channel from the top
3- The emergence of strong display areas
4- The appearance of divergence on the RSI and MACD indicators
So we start looking for deals to sell
NZD_CAD BULLISH BREAKOUT|LONG|
✅NZD_CAD is trading in an
Uptrend and we are seeing a
Strong bullish breakout of the
Key horizontal level of 0.8520
Which is now a support so
After a potential local pullback
We will be expecting a
Further bullish continuation
LONG🚀
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Ncad more upside to come,it seems :)Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Should be getting to see more upside
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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