Nzdcad Showing signs Of massive recoveryover all forming descending channel in h4 timeframe
recently bounced from lower line now as per descending channel it needs to test uper line
falling wedge & bullish flag breakout has already done and indicating bullish move too
now expecting major trendline test ( .8590 to 0.8620 area) and if trendline broken too then expecting move towards 0.89 area
NZDCAD
NZDCAD: Bullish Continuation is Expected! 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 up.
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NZDCAD Potential UpsidesHey Traders, NZDCAD is approaching an important Supply and demand zone so i will be watching a buying opportunity around 0.835 zone as it has been rejected multiple times as mentioned in the chart. i would set 0.855 as a potential target which is considered the trend resistance in case of a decent rejection from the demand area. i would also recommend to take a look at the stock market to confirm the trade as we have some sort of positive correlation between American indices and NZD pairs.
Trade safe, Joe.
NZDCAD Short Term Buy IdeaD1 - After the strong bullish rally currently it looks like a correction is happening in the form of double wave down.
Price has reached a key support zone.
Bullish divergence.
H4 - Higher highs.
Currently it looks like a correction is happening.
Until the key support zone holds my short term view remains bullish here.
A valid breakout above the most recent downtrend line would be the validation for this bullish view.
NZD/CAD Bearish BiasHi,
Any input and feedback would be appreciated, I'm still learning and this is not a signal.
Bearish biased as the price has been setting lower highs and lower lows since it's last peak in Dec 2022. On the intraday the price is forming a bearish triangle on the 1HR, I am waiting for the close below to sell on the retrace at the confluence zone of the falling trendline and vertical broken support
NZD/CAD continue with the Uptrend ☝️On NZD/CAD is nice to see strong buying reaction from the price 0.84390 , 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
NZDCAD : Long Trade , 1hHello traders, we want to check the NZDCAD chart in the 1-hour time frame. The price has managed to break the descending channel and also the key level of 0.84500 and then make a pullback to this level. We expect this level to act as a support level. Let it play for us and maintain the upward trend. In case of price growth, the targets that can be imagined are 0.85500 and 0.86500. Good luck.
NZDCAD buy Risk/Reward Ratio : 3
NZDCAD Buy SetupSee the Picture for analysis.
Price reacting off of daily RBR demand plus 4hr timeframe confirmation buy setup.
NZD/CAD Giving Good Bullish Price Action , Risky Long Trade !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: Long Trade with Entry/SL/TP
NZDCAD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Buy NZDCAD
Entry - 0.84332
Sl - 0.83532
Tp - 0.85535
Our Risk - 1%
Start protection of your profits from lower levels.
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NZDCAD 4H, Bullish Price ActionNZDCAD has been shaping up for the Impulse phase as we can see on the the HTF price had a strong push upwards now consolidating within a continuation structure.
Looking at the LTF, we can see price approached the lower boundary of the HTF in a corrective structure with a strong impulse breakout followed by continuation structure to push price higher.
I expect price to rise to upper boundary of HTF structure.
Wait for an entry thst fits your trading plan.
Thanks
Trade Safe
NZDCAD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for NZDCAD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich