CADNZD trade ideas
Potential bullish rise?NZD/CAD has reacted off the support level which is an overlap support that lines up with the 50% Fibonacci retracement and could rise from this level to our take profit.
Entry: 0.82069
Why we like it:
There is an overlap support level that lines up with the 50% Fibonacci retracement.
Stop loss: 0.81698
Why we like it:
There is a pullback support level.
Take profit: 0.82727
Why we like it:
There is a pullback resistance level that is slightly below the 78.6% Fibonacci retracement.
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NZD/CAD MARKET SHIFT Hi,from 30min there is a change in market structure happen,so it's great opportunity to long this pair for a long term,don't buy when price is high wait for a pullback then enter.trade safe
NZDCAD FORECASTTraders! We have started this week with a lot of energy guys, the market itself is looking good. In this pair everything is looking good however we are waiting for the price to complete structure. This will be right time for us to position in the market. Have a good start of the week.
My view on NZDUSDNZDCAD still bullish on the long run. A mere retracement to my POI before a massive push to take out the previous high.
NZD/CAD NOW IT'S THE TIME After a long time NZD/CAD was taking downside liquidity,and now it's look like the time for buyers to step up in the market again.just wait for a pullback and start looking for a long entry.
NZDCAD: Bullish Continuation & Long Signal
NZDCAD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long NZDCAD
Entry - 0.8192
Sl - 0.8169
Tp - 0.8232
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCAD: Bearish Trend Continuation 🇳🇿🇨🇦
NZDCAD broke a support line of a wide consolidation range on a daily.
It opens a potential for a further decline.
Next support - 0.816
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NZDCAD - LONGWEEKLY
- 4/4
+ Big trend line.
+ Closed above buy zone.
+ Impuls - corretion now possible impulse
- IC could hold the price down.
DAILY
- Pat in pat
+ Market open was very impulsive to the downside, possible impulse back to the upside.
- Buy zone is just underneath my SL
4H
- Limit placed
NZD/CAD: Near Completion of Bullish Harmonic PatternNZD/CAD: Near Completion of Bullish Harmonic Pattern
NZD/CAD is nearly completing a bullish harmonic pattern.
The price is expected to spend some time in the current zone due to generally low market volume, but a rise is anticipated.
I'm expecting a normal price recovery for short-term trading, with the first target near 0.8250 and the second target at 0.8290.
You may find more details in the chart!
Thank you and Good Luck!
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NZD/CAD BIASthere is a change in market structure from 15 min,also there is liquidity to the upside.pullback and we are looking for longs
NZDCAD: Time to Sell?! 🇳🇿🇨🇦
NZDCAD looks bearish after a test of the intraday horizontal resistance.
As a confirmation, I see a bearish breakout of a neckline of a head & shoulders pattern.
The price will continue falling at least to 0.8186 support.
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NZDCAD-LONG - SENTIMENT TRADING - DIVERGENCEBULLISH INDICATION:
1- sentiments are high for the pair NZDCAD currently 92 percent of traders are buying this
2- Bullish Divergence matured on 1H time Frame
3- Market has also formed inverted hammer on 4h time frame near it support level of 0.81662
TradeCityPro | NZDCAD : Approaching Key Support Levels👋 Welcome to TradeCityPro!
In this analysis, I will review the NZDCAD forex pair for you. The analysis will be conducted on the daily timeframe.
📅 In this timeframe, a gradually sloping upward channel can be observed, with the price currently positioned near the bottom of the channel. The nearest support level to the current price is at 0.81376.
🧩 If the RSI manages to stabilize above 56.22, upward momentum could enter the market, allowing the price to potentially move towards the 0.83869 level.
📈 If 0.83869 is broken, the next resistance level will be at 0.86836, which approximately overlaps with the upper boundary of the ascending channel.
🔽 In the bearish scenario, as mentioned earlier, the first support level is 0.81376, and if this area is broken, the next support level will be 0.79789, which is one of the strongest support zones on the chart.
🔑 Overall, considering the more bearish momentum and the gentle slope of the ascending channel, I believe the likelihood of the channel breaking downward is quite high.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Wed 11th Dec 2024 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. Enjoy the day all. Cheers. Jim
NZD-CAD Risky Long! Buy!
Hello,Traders!
NZD-CAD made a retest
Of the horizontal support
Of 0.8196 and we are
Already seeing a bullish
Rebound so we will be
Expecting a further
Local bullish rebound
Buy!
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NZDCADLong trade idea for NZDCAD
Entry : market order
RR : 1:2
SL : 40pip
TP : 80pip
( I should point out that I use the 200 hourly ema when determining the trend )
Impulse after correction and then we need impulse move
picture has other explain to enter this trade, So will see💸
BUY NZDCAD - Price Action Strategy explained Trader Tom, a technical analyst with over 15 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.
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NZDCAD strong bullish for expect
NZDCAD price break CHANNEL PATTERN, we are can seen bounces on structural zone on 6.Dec.
Consolidation zone is breaked, price is not make some specials moves still, for me from here is good to go long.
SUP ZONE: 0.82050
RES ZONE: 0.83920, 0.84420
NZDCAD Breaks Through Descending Broadening Wedge PatternNZDCAD Breaks Through Descending Broadening Wedge Pattern
NZDCAD is breaking through a descending broadening wedge pattern, indicating bullish momentum and potential further growth. The price may linger in the current zone, given the empty economic calendar. However, movement is expected to begin soon.
Let's see how the NFP data tomorrow will impact the market.
The first resistance zones will be found near 0.82900 and 0.8350
You may find more details in the chart!
Thank you and Good Luck!
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NZD/CAD STRUCTUREFrom 4hour there is strong bullish momentum,in 1hour market is creating higher high and high low it's about pullback and find buy entry
