✅NZD_CAD WILL KEEP FALLING|SHORT🔥
✅NZD_CAD is trading in
A downtrend and the pair
Is now making a bearish
Pullback from the horizontal
Resistance level of 0.8257
Which reinforces our bearish
Bias and makes me think that
The pair will keep falling
SHORT🔥
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NZDCAD
NZDCAD: Bearish Outlook Explained 🇳🇿🇨🇦
NZDCAD broke and closed below a key daily structure support.
After a breakout, the price retested a broken zone and formed
a symmetrical triangle on an hourly time frame.
The support of a triangle was broken.
It is a strong intraday bearish confirmation.
I expect a bearish movement to 0.8225
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NZDCAD Will Explode! BUY!
My dear followers,
I analysed this chart on NZDCAD and concluded the following:
The market is trading on 0.8233 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.8270
Safe Stop Loss - 0.8209
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCAD - Keep It Simple 📊Hello TradingView Family / Fellow Traders,
On 4H: Left Chart
NZDCAD has been overall bearish trading within the falling channel in blue. Currently, NZDCAD is approaching the lower bound of the channel so we will be looking for sell setups on lower timeframes.
On 1H: Right Chart
📈 For the bulls to take over, we need a momentum candle close above the neckline highlighted in gray.
📉 Meanwhile, NZDCAD would be bearish short-term and can still trade lower.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
NZDCAD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
NZDCAD Bearish stocks and potential downsidesHey Traders, in the coming week we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD is trading in a uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.82800 support and resistance area.
We would also consider the current bearish bias on stock market and indices, due to the correlation when stocks are bearish the NZDCAD is under pressure
Trade safe, Joe.
NZDCAD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity NZDCAD
I still did my best and this is the most likely count for me at the moment.
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NZDCAD Will Go Up! Long!
Please, check our technical outlook for NZDCAD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.827.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.834 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Yemi_Fx1 | SELL OPPORTUNITY ON NZDCADLooking at OANDA:NZDCAD from the 4HTF we see how price tested the zone at 0.83780 , Price approach it In a corrective manner showing the low momentum in bulls power.
The zone at price 0.83780 holds, resulting to a double Top pattern.
And at 0.83573 also we can see how price react to it, moving out of this area with high momentum.
Currently the pair is building up for a continuation move as we can see it's forming a pattern to move downward.
Having this in mind I will be preparing myself to enter at the top of the flag pattern provided there's an entry signal.
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NZDCAD: Expecting Bearish Movement! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move down.
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NZDCAD Will Go Up! Long!
Take a look at our analysis for NZDCAD.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 0.827.
The above observations make me that the market will inevitably achieve 0.832 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDCAD Will Move Higher! Buy!
Please, check our technical outlook for NZDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.826.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.829 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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NZDCAD I Intraday LONG from execution area
Welcome back! Let me know your thoughts in the comments!
** NZDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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NZDCAD: Price Action & Swing Analysis
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the NZDCAD pair price action which suggests a high likelihood of a coming move up.
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NZDCAD Bullish, dip buy opportunity targeting 0.85400The NZDCAD pair has hit the 1D MA50 (blue trend-line) yet again today and remains under Resistance 1 (0.84300) since July 14 2023, having multiple rejections on it. We do see however the potential for the emergence of a Channel Up, as the 1D RSI is printing the same pattern as the October 20 2023 Low, which initiated a Bullish Leg.
If the Channel Up prevails, that can be its new Bullish Leg to a Higher High. As a result we turn bullish on the pair, aiming for Resistance 2 at 0.85400.
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NZD/CAD Gave Yesterday +60 Pips, New Entry Valid After D ClosureThis 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 I Potential long opportunity from supportWelcome back! Let me know your thoughts in the comments!
** NZDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
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.