after breaking the trendline it will just go for high chancesafter breaking the trendline it will just go for high chances
NZDCAD trade ideas
NZD CAD - A SMALL FLY MODE TO RESISTANCE HERE we can see that price formed consolidation after that took a break out to support balanced the liquidity at higher tm frames price created a double bottom pattern now price has to fill the liquidity at up resistance zone a small lone entry as shown in the picture follow for more live updates...
NXDCAD: further correction?A price action below 0.8095 supports a bearish trend direction.
Increase short exposure for a break below 0.8075.
The target price is set at 0.7985.
The stop-loss price is set at 0.8185 (its 200-day simple moving average).
An incomplete falling wedge patterns seems to be developing.
NZDCADWe can attempt to short NZDCAD from specified level as LH , 0.5 FIB , trendline resistance , EMA 100 occur.
SL , TP mention in chart
NZDCAD - LongEntry: from the bullish zone.
Stop Loss: below the bullish zone.
TP: TP1 and TP2
Don't Forget to practice proper risk management.
Continuing Bearish Trend: NZDCAD's Pattern of LH and LLThe NZDCAD pair persists in a bearish trajectory, characterized by successive lower highs and lower lows, indicating a likelihood of continued downward movement.
NZDCAD SHORT - WAIT FOR RETEST!Waiting for a break and retest of 0.81072 to short NZDCAD back to 4H swing low at 0.80510
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NZD-CAD Growth Ahead! Buy!
Hello,Traders!
NZD-CAD went down but
Will soon hit a rising support
Line so a bullish rebound is
To be expected
Buy!
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DAY TRADER SWING TRADER GBP/NZDHigher time frame clearly bearish but we can profit for a bullish correction after swing from the place i put the arrow swing sell good luck
✅NZD_CAD LONG FROM RISING SUPPORT🚀
✅NZD_CAD went down but
The pair will soon retest
The rising support from
Where we will be expecting
A local bullish rebound
LONG🚀
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NZDCAD Date 22nd April Week Analysis22nd April to 26th April Week Analysis.
It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it!
Watch the charts, If you like then do follow on X and Tradingview.
nzdcadAfter beautiful profits selling this asset we´ll look for buy opportunities.
Type of order: pending buy order.
Risk:reward 1:2.5
If price continue going up, we´ll remove it.
Blessings.
Good luck.
CADNZD Bullish Momentum Detected - Actionable Analysis InsideCADNZD is currently demonstrating a robust bullish momentum within a significant support zone, coupled with adherence to an ascending trendline, suggesting a favorable bullish trajectory. This analysis delves into key technical indicators to assess potential trading opportunities.
Key Technical Factors:
1. Bullish Momentum:
CADNZD exhibits a notable bullish sentiment, underscored by a sustained upward movement. This momentum is indicative of a strengthening buying pressure within the market.
2. Support Area:
The currency pair has encountered a key support zone, reinforcing the bullish bias. The confluence of buying interest at this level further bolsters the potential for upward price movement.
3. Bullish Trendline:
The presence of a bullish trendline underscores the continuity of the upward trajectory. The adherence to this trendline serves as a technical validation of the bullish sentiment prevailing in the market.
Trade Recommendation:
- Entry Point: Initiate long positions near 1.2255 to capitalize on the ongoing bullish momentum.
- Stop Loss: Place a stop loss order near 1.228 to mitigate potential downside risks and protect capital in the event of an adverse price movement.
- Take Profit Targets:
- TP-1: Set the first take profit target at 1.2314 to secure profits as the price continues its upward journey.
- TP-2: Aim for a secondary take profit target at 1.2358 to capitalize on further bullish momentum and maximize gains.
Risk Management:
It is imperative to exercise prudent risk management strategies, including the use of appropriate position sizing and adherence to stop loss levels, to safeguard against unexpected market fluctuations.
Conclusion:
In conclusion, CADNZD presents a compelling bullish opportunity supported by strong momentum, a key support area, and adherence to a bullish trendline. Traders are advised to consider the aforementioned trade parameters and exercise diligence in managing risk while pursuing potential profit opportunities in the market.
NZDCAD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
NZDCAD Short - CRAB HarmonicHarmonic Pattern: The Crab Harmonic pattern is a reversal pattern that indicates potential trend exhaustion. In this case, the presence of a Crab Harmonic pattern suggests a possible reversal to the downside for NZDCAD.
Technical Indicators:
Confirmation: Look for additional technical indicators or chart patterns to confirm the potential reversal signaled by the Crab Harmonic pattern. This could include overbought conditions on oscillators like RSI or stochastic, bearish candlestick patterns, or a break below key support levels.
Trade Setup:
Entry: Place a sell stop order below the recent swing low, anticipating a continuation of the downtrend once the price breaks below this level. The sell stop order ensures entry into the trade once the downward momentum is confirmed.
Stop-loss: Set the stop-loss order above the recent swing high or the X point of the Crab pattern to protect against potential losses if the price reverses unexpectedly. Ensure that the stop-loss level is placed outside of the potential reversal zone (PRZ) defined by the Crab pattern.
Take-profit: Determine the take-profit target based on key support levels, Fibonacci extensions, or a favorable risk-reward ratio. Consider scaling out of the position as the trade progresses to lock in profits.
Risk Management:
Position Size: Calculate your position size based on your risk tolerance and the distance between your entry point and stop-loss level, ensuring that you only risk a predetermined percentage of your trading capital per trade.
Risk-Reward Ratio: Aim for a risk-reward ratio of at least 1:2 or higher to ensure that potential profits outweigh potential losses.
Conclusion:
With the Crab Harmonic pattern suggesting a potential reversal to the downside for NZDCAD, a short position with a sell stop order presents a favorable trading opportunity. However, always conduct thorough analysis, practice proper risk management, and remain vigilant for any unexpected market developments.
NZDCADA strong sell trend here for NZDCAD we are within the triangle structure and below neckline too
NZDCAD SHORTPrice Action
BIAS
Daily : Short
4Hourly: Short
Price retraced to H4 horizontal level and created a H&S pattern. Price formed a lower low.
Set a short trade in H1 H&S neckline (Horizontal Level) Targeting daily swing low.
NZDCAD BUY SCENARIOI'm expecting to see price rallying from that price point i have shown since, where price is, i see a very deep price discount which is a nice place to buy
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NZDCAD: Price Action Bearish Signal 🇳🇿🇨🇦
NZDCAD formed a head & shoulders pattern after a test
of a recently broken horizontal structure support.
I think that the pair may continue falling, after
the release of Crude Oil Inventories data today.
Initial target - 0.8115
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NZD CAD PRICE - BACK TO IMBALANCE ZONE NZD CAD PRICE - BACK TO IMBALANCE ZONE we got a break out of up trend line nd takes retest after price will be down fall till support zone make a short entry as shown in the picture follow for more live updates
NZDCADNZDCAD is trading in strong bearish trend and consistently printing LL LHs. and is about complete ABCD pattern at strong daily resistance level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 0.80200
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