NZDCAD BUY STOPNZDCAD is making lower Highs and lower Lows, it is in down trend but now it formed RSI divergence. it will likely to change its up trend into up trend so place the buy stop order above LH
NZDCAD trade ideas
Opportunity to buy and sell on the NZD/CAD currency pairConsidering the short-term downward trend and the end of correction in the medium-term trend, I think that we can expect the price to move between the specified levels.
You will probably be provided with a selling position first, and then you can enter into a buying transaction by closing the transaction in the opposite area
be profitable
28-10-2024 _ Short Term Bullish Idea _ NZDCAD H41. Price action approaching string Support Zone.
2. Potential Bullish Divergence.
3. Enter at the break of the falling trendline coupled
with some candlestick pattern.
4. SL below Support zone and the Targets as shown in the plan.
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
NZDCAD: Long Signal with Entry/SL/TP
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8297
Sl - 0.8273
Tp - 0.8342
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD REVIEWGuys this is the forecast that we had earlier on the last week, but market didn't allow us to get in. Traders we need to understand that we don't have any control of the market. The market is moving in the way that it wants to move it is our responsibility to evolve with the market and change our bias according to what the market is providing to us
NZDCAD - Bearish TradeNZDCAD in bearish trend formed Descending triangle.
Which is a bearish continuation pattern.
If price crosses down Lower low, it will continue the trend.
NZDCAD 4H Analysis: Bullish Setup with Key Level to WatchThis is my analysis for NZDCAD on the 4H timeframe. The price is forming a potential bullish setup, currently testing a crucial trendline. If price breaks and holds above 0.84321, we could see a continuation to the upside, with the target around 0.86138. However, if the green key level at 0.82942 is broken, it will invalidate the whole buy setup, signaling a possible shift in market direction. Watch closely for price action at these levels for confirmation.
NZDCAD 4H Analysis: Bullish Setup with Key Level to Watch
This is my analysis for NZDCAD on the 4H timeframe. The price is forming a potential bullish setup, currently testing a crucial trendline. If price breaks and holds above 0.84321, we could see a continuation to the upside, with the target around 0.86138. However, if the green key level at 0.82942 is broken, it will invalidate the whole buy setup, signaling a possible shift in market direction. Watch closely for price action at these levels for confirmation.
NZDCAD: Intraday Bearish Movement 🇳🇿🇨🇦
Similarly to NZDUSD, NZDCAD looks bearish after
a test of a key horizontal resistance.
The price formed a tiny horizontal range on that
and violated its support after a release of US fundamentals.
The price may continue falling now at least to 0.8309
❤️Please, support my work with like, thank you!❤️
Trae idea NZD/CAD and AUD/USDI wil show this to the community for what i am gonna trade for this day.
nzdcad trade idea started the analysi from the higher time frame and striped down to thelower tf to find entries if you watch the video you will see that i had basicaly two entry sstem to allow me be a aprt of the bearish continuation ts a simple trand, resistance and suport idea, fx alexg is a mentor and ict aswell a mix of the two with sound logic is my model do well to share your views i would be in the comments
NZDCAD BEARSFailed to create low so price will pull back to the supply zone for bearish pressure. Equal highs = SSL (red arrows). Quick buy toward the supply zone. If price rejects and closes with a reversal candlestick on the 50% or 61.8% Fib level, enter sells.
NZDCADNZDCAD is currently falling due to weaker New Zealand economic data and stronger Canadian Dollar, supported by rising oil prices. Key support levels may determine if the downtrend continues.
Buying NZD/CAD at 0.8318Although we have seen mixed daily results for the last 12 sessions the 8-hour chart suggests we are in the process of completing the BC leg of a large Crab formation. This pattern will be completed at 0.8816. We have support at 0.8316 and 0.8307. On a move through the previous swing low of 0.8288, this pattern is negated. This makes for very favourable risk-reward (11R)
This zone previously attracted buyers on September 9 and 11.
Today we have the Canadian interest rate decision, monetary policy report, monetary policy statement followed later by the press conference. This will be the catalyst. We would prefer to be long (bought) before this release.
SL: 0.8273
TP1: 0.8817
R Rate 11.09
#tradeplan #NZDCAD
NZDCAD BEARS20EMA might cross below the daily 40EMA. Price failed to create new low but 4 hour price is retracing the supply zone for momentum. M15 price closed with a bearish engulfing candlestick, which indicates a reversal on the supply zone. 20EMA below 40EMA on the M1 chart
NZD/CAD (RECAP)Higher timeframe suggests bearish momentum as price has broken above the high(s), pushed to the downside and is currently in the larger continuation phase. We've broken above the hook point to the left and are trading below. I then took this two touch continuation as a risk entry after the pin-bar rejection candle on the 15m timeframe and held up till swaps.
BUY SET UP FOR NZD/CADwait for price to hit that resistance and then buy from there. set SL accordingly
NZDCAD - SHORT series of LH and LL .
Formation of Three black crows at LH (Bearish Engulfing momentum candle)
NZDCAD Is Going Up! Buy!
Here is our detailed technical review for NZDCAD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 0.838.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.843 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.
Like and subscribe and comment my ideas if you enjoy them!
