Nzdcadbreakout
Trading Idea Regarding NZDCADAccording to my analysis this currency pair is going down for the upcoming week
1-Strong Down trend
2-Fallowing key levels repeatedly
Do not get confused by watching dojji canndle to understand the formation of the doji candle take a look at 4 hour chart
as you can see price first make new lower low then retest the key level and start coming down...this move appear as dojji candle on daily chart so don't think it as trend reversal candle
NZDCADprice already broke the uptrend channel and already make an retest to, waiting the candle confirmation and we ready for short trade. But price maybe broke the retest and going uptrend. remember always waiting for the breakout + retest + candle confirmation + money management + psychology. GOOD LUCK
Forex |nzd/cad|learn technical analysis - short term sell signalhello traders and welcome to eg finance
In this video, I’ll give you the full analysis of NZD/CAD
Searching for the best opportunities for trading.
This video will be good maybe the best for anyone Who started his journey in trading and wants to learn technical analysis.
In this video, I will show you my style of trading and how I analyze charts, and how simple it is.
This video is full of information about technical analysis
I will show how to use
Fibonacci tool
Forex patterns like ( head and shoulders, bullish flag, and bearish pennant )
Notice divergence
And how to trade harmonic trading
All of this in this video, so let's get started
NZD/CAD Looking very bearishHi Traders
NZD/CAD Signal (Daily Timeframe)
A high probability, entry to go SHORT is forming @ 0.90366 after the market found resistance @ 0.92347. Only the upward break of 0.92347 would cancel this bearish scenario.
Trade details:
Entry: 0.90366
Stop loss: 0.92347
Take profit1: 0.89197
Take profit 2: 0.87216
Take profit 3: 0.83987
Score: 7
Strategy: Bearish Trend Reversal