NZDCADDow theory bearish making LL to LH .
price move in Bearish channel.
no any divergence.
entry price 0.80732
Stop Loss 0.81467
Take Profit 0.79997
RRR 1:1
CADNZD trade ideas
ICT/SMC NZDCAD Sell Failed to Close Above Strong SwingICT/SMC NZDCAD Sell Failed to Close Above Strong Swing
NZDCAD-BULLSIH IDEANZDCAD is in bullish trend as it is making new HH's and HL's within the bullish channel.
nzdcadits making bullish flag and there is no divergence as well so I have placed buy stop on top of hh incase of breakout I'm bullish.
NZDCAD - Potential Long from Support ZoneThe NZDCAD pair is currently approaching a significant demand zone near the 0.80200 level. Historically, this area has acted as strong support, leading to bullish reversals. The recent decline into this zone suggests a potential for buyers to regain control and push prices higher.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would support the likelihood of a move upward. If the scenario materializes, the price may head toward the 0.81438, where sellers might step in again.
This setup aligns with a potential short-term rebound within the broader market structure. Traders should wait for confirmation of buying pressure before considering long positions.
What are your thoughts on this outlook?
NZDCAD Bullish Reversal: Buy at 0.618 FibNZDCAD shows potential for bullish continuation after a bearish rally, with a bullish divergence double bottom pattern and a break of its neckline. The price has broken a long-term trendline and formed a higher high without divergence, now moving in an ascending channel. A buy opportunity may arise at the lower boundary of the channel, around the 0.618 Fibonacci retracement level, offering a favorable risk-to-reward setup for continued bullish movement.
NZDCAD - Follow the Bears!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCAD has been bearish trading within the falling wedge pattern in red.
Currently, NZDCAD is approaching the upper bound of the wedge.
Moreover, the green zone is a strong structure.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green structure and upper red trendline.
📚 As per my trading style:
As #NZDCAD is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCAD - Potential Buy From Key Support ZoneThe NZDCAD pair is approaching a significant demand zone marked by prior price reactions. This area aligns with a key support level, and the market structure hints at a potential reversal. The overall context suggests that buyers may take control at this level, leading to an upward move.
I anticipate that if the price shows a clear rejection from the demand zone, the market may head higher toward the 0.81446 level. This setup aligns with the idea of trend exhaustion near support.
If you agree with this analysis or have any additional insights, feel free to share your thoughts in the comments!
NZDCAD GARTLEY PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
NZDCAD: Short Trade Explained
NZDCAD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell NZDCAD
Entry - 0.8104
Stop - 0.8133
Take - 0.8055
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
NZDCAD1#dow theory is bearish parice making LH to LL
2#no any divergence .
3#also beraish channel fallow
# so my bias is bearish .
Entry price 0.80847
Stop Loss 0.81725
Take Profit 0.7998
RRR 1:1
NZDCAD Trade RecapA short position I took the beginning of last week for a breakeven. Top down analysis explained in the video and also my reasons for the weighted timeframe entry in combination with the management decision.
FX:NZDCAD - Breakeven
Trade Recap CW3Trade Recap of calendar week 3 with just NZD/CAD covered that didn't get triggered in the end
NZDCAD Potential DownsidesHey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.81100 zone, NZDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.81100 support and resistance area.
Trade safe, Joe.
NZDCAD: Consolidation Continues 🇳🇿🇨🇦
NZDCAD is currently consolidating with a horizontal parallel channel.
We see a nice bearish reaction to its resistance:
the price formed a tiny double top pattern and started to fall.
Chances are high that the price will reach 0.804 level soon.
❤️Please, support my work with like, thank you!❤️
NZDCAD-TREND REVERSALNZDCAD is changing its trend as it has formed bullish divergence at D point of AB=CD,broked its bearish channel
SELL NZDCAD - CAD correlation with OILTrader Tom, a technical analyst with over 16 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
We are proud to be an OFFICIAL Trading View partner so please support the channel by using the link below and unleash the power of trading view today!
www.tradingview.com
Atlas - Market Mid-Week Update for Assets - Jan 15th 2025Atlas - Market Mid-Week Update for Assets - Jan 15th 2025
.
By: Noble.Mike.Jamison
NZDCAD in bearish parallel channelfollowing the DOW theory we can see a series of LHs and LLs in the parallel channel right now the price has also been rejected from Golden Fib pocket .618 which is another indication of a bearish trend with no major signs of reversals currently. A good short setup can be found on 1HR TF with decent RR
EUR/USD Long, GBP/USD Short and NZD/CAD ShortEUR/USD Long
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach forms, 15 min risk entry within it.
GBP/USD Short
Minimum entry requirements:
• 1H impulse down below area of interest.
• If tight 15 min continuation follows, 5 min risk entry within it, or reduced risk entry on the break of it.
NZD/CAD Short
Minimum entry requirements:
• If 2 touch 1H continuation forms, 15 min risk entry within it.
