NZDCAD Supply And Demand AnalysisNZDCAD Short Watchlist:
Higher timeframe:
-Price sitting inside HTF weekly/monthly supply.
-Trend = uptrend so any shorts will be counter trend.
-smaller risk
Lower Timeframe:
-Waiting for 4hr upward ML to be broken
-Waiting for opposing 4hr pivot point demand zones to be removed
NZDCAD
NZDCAD:H1According to the drawn dynamic levels and considering the failures and pullbacks, we can look for a sell position
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Getting a Good Deal..When Trading any Market it is your job to attain value.
Just like any other business that exists in the world you must be Buying for less and selling for more or selling for more and buying for less. It's 6 and 2 3s.
Trading online with a computer is no different. Your job is to structure your capital so that you can consistently attain this value and Trade WITHIN the capabilites of your equity. This means Trading small and gaining market value over time.
In this video we will look more about Where we can buy and sell and basic principles that some fail to grasp so easily..
NZDCAD, how to get long?NZDCAD / 1D
Hello trdaers, welcome back to another market brekdown.
NZDCAD has been trading in a down trend. However, the price has broken strongly above the trend line suggesting higher prices to see.
Checkout out the chart for what I'm waiting for before jumping with FOMO.
Trade safe,
Trader Leo.
[ALERT] Correction Imminent On NZDCAD ??This pair has been on a near 9 week bulllish run and fast approaching a untested Monthly SUPPLY/SELL zone just above 0.85 you should now look for a correction down towards the last swing high in the previous down leg around 0.82 though it may drop down to 0.80 before heading back up and going the higher levels of the Monthly SUPPLY/SELL zone.
So I am now looking for a 4hr or above on my custom indicator to catch this first correction down towards 0.82 or below. I will post updates when the trade is triggered.
Don't forget to boost and follow me for updates
🌟SELL NZDCAD and get +180 pips profit🎁🔰You can see the analysis of the New Zealand dollar to Canadian dollar currency pair in the 30-minute time frame (NZDCAD_ 30min) 🔍🧨
💥Considering that the price has been able to break its up trend line🖤, if the price can reach the meeting point of the SUPPLY zone and the up trend line🖤 (pullback), it can fall to the DEMAND zone🔻
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
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