NZD/CAD - A lot of liquidity.. That structure looks like book trend haha
We have to wait for a good bullish pattern for entry.
Lower TF obviously
Keep it Simple!
NZDCAD trade ideas
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 50% Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
NZDCAD sell positionNZDCAD H1 internal structure break / H1 support potential to break down to hit lower H4 zone, targeting 20pips 1:1 SL above previous high, TP at realistic H4 zone area.
Have not waited for proper rejection confirmation on H1. Previous rejection from support at this area could instead present further push up.
NZD/CAD Broke The Support , Can We Sell It Now To Get 100 Pips ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCAD: Classic Bearish Reversal?!📉NZDCAD is currently in a long-term uptrend, but recently it has been consolidating in a horizontal range on the 4-hour chart after reaching a new high.
The support of this range was recently broken, signaling strength from sellers and suggesting a likely bearish correction.
It is possible that prices could drop to the 0.8275 support level.
NZDCAD: Local Bearish Reversal?! 🇳🇿🇨🇦
I see a nice bearish reaction to a key daily horizontal resistance on NZDCAD.
After a test of the underlined blue area, the price started to consolidate and formed
a horizontal range on a 4H time frame.
Its support was violated and for us, it is an import sign of strength of the sellers.
We can expect a bearish continuation now at least to 0.83
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NZDCAD:Bearish Stocks and Potential DownsidesHey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83350 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.83350 support and resistance area.
the New Zealand economy is heavily reliant on its agricultural exports, particularly dairy products, which can also experience reduced demand during periods of economic downturn. Consequently, when stock markets falter, investors tend to favor safer assets, leading to a decrease in demand for riskier currencies like the NZD compared to safe-haven currencies or those perceived as less volatile, such as the US dollar (USD) or Japanese yen (JPY). This combination of factors contributes to the bearish outlook for NZDCAD when stocks are declining.
Trade safe, Joe.
NzdcadWe have definitely uptrend in nzdcad
So best demand we have in 4h with confluence of the last high in 4h
And also Daily demand in confluence
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 am looking for a long. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.83000.
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NZDCAD-Bearish Reversal ExpectedNZDCAD is marking HH and HL for some time. Now, it is moving in range. Bearish Divergence appeared which indicates that possible breakout of ranging market in bearish direction.
1.0 Price is ranging
2.0 Bearish Divergence on RSI and MACD MAs and Histogram
3.0 Due to bearish Divergence, Breakout in selling direction is expected.
4.0 Entry at Breakout i.e. 0.83281
5.0 SL :0.83827
6.0 TP : 0.8273
NZD/CAD continue with the Uptrend ☝️On NZD/CAD is nice to see strong buying reaction from the price 0.82950 , there is nice to see strong volume area....
Where is lot of contract accumulated...
I thing that buyers from this area will be defend this long position...
and when the price come back to this area, strong buyers will be push up the market again...
Uptrend + Volume cluster are my mainly reason for this long trade....
Happy trading
Dale
GRBChannelas we can see price is sitting around a massive resistance zone, where we will be looking for new bearish movements.
Unless price managed to break above this zone from Daily time frame, then a movement higher would be expected, till the upper marked zone .GRBChannel
NZDCAD - Short Sentiments + Bearish DivergenceThe NZDCAD pair is currently showing signs of a bearish divergence, indicating a potential downward movement in price. This technical analysis suggests that despite previous upward trends, the momentum is weakening, and prices might start to decline. Additionally, there is a significant bearish sentiment among traders, with 93% leaning towards short positions. This overwhelming preference for shorting suggests that the market expects the NZDCAD to decrease in value. Together, the bearish divergence and high short sentiment point towards a potential drop in the NZDCAD pair, making it a subject of interest for traders anticipating market movements.
NZDCAD LONG - STRONG BREAKOUT!Waiting for a break and retest of 0.82859 to long NZDCAD back to 4H swing high at 0.84021
If you agree drop a like and if you have any questions leave a comment :)
higher or lower? analyse step by step i want to be honest with you.
nobody cant predict price path before some prices are seen so if 0.83813 and 0.84470 will seen in this week , price will move to higher levels like 0.84869 and we can set our Strategy to buy.
if the price can not reach to the 0.83813 we have bearish trend and we can set our Strategy to sell
NZDCAD daily chart View NZDCAD daily chart View. nzdcad is going to take buyside liquidity . After BSl can reverse from unmitigated OB... in my view nzdcad will be bearish after approaching that ob
