Nzdcadforecast
NZDCAD Technical Analysis D1+ SignalAs you can see in the graph above after each increase the price fell by an average of 1000 pips, At the moment we are about a drop of only 300 pips that means we have about 700 pips of price fall
Our signal: NZDCAD
Entry Price: 0.8932
Stop loss: 0.9150
Take Profit: 0.8300
NZDCAD D1, HnS formation Strong bias on Short positions as soon as the price breaks the neckline where it is currently hovering... Possible bear and bull movements are clearly shown by the arrows.
NZD/CAD Swing OppurtinityPotential swing opportunity forming on the weekly time frame for NZD/CAD.
Confirmations -
1 - Multiple rejections on the long term trend line
2 - Potential Head and Shoulder pattern forming on the weekly timeframe
3 - Retest of resistance
NZD/CAD: First SELL then BUY !!BUY & SELL After Breakout Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
NZDCADPerfect 3 level rise, all timeframes from top down analysis shows this pair about to drop. right now its in consolidation, overall on this pair i like the sell on it.
NZD/CAD Buy limit signal!NZD/CAD
BL@ 0.90350
TP @ 0.92350
SL @ 0.89350
Trading mindset:
1. Use 1% risk
2. 1:2 risk/reward
3. Wait for update to close manual!
In longer term it pays off very well and keeps your capital safe!
Breakeven: If you are correct 33% of the time, your capital is safe.
Adopt this mindset in order to be successful trader.
NZDCAD possible reversal at major level (Counter trend trade!)NZDCAD been moving to the upside in a very strong pace. The pair reached major structure level and giving reversal signals. Watch the recording for all the details needed.
NZDCAD heading down!!!NZDCAD moved to the descending trendline where i personally got short entry at 0.9241 right at the lower timeframe double top and it moved down nicely. Of course there will be another trading opportunities on the lower timeframes. Targets are set and now wait for pullbacks to resistance levels.
NZDCAD (trendline hit, Possible trend reversal)Price hit .92628 which happens to be -
1) .68% FIB level from 2018 high to low,
2) Resistance level
3) Trendline.
2 scenarios can play out, the price moves higher than .92628, break of channel, 300+ pips OR drop back into the channel 300+ pips
The Trigger is on Dec 19th, Q4 NZD GDP numbers come out, prev NZD GDP was a huge surprise - Previous - 2.6%, Actual 2.8, forecast was for 2.5. Recall Australian GDP was a huge disappointment on DEC 4th with a print reading of .3 versus .6 expected.
On the Canadian side
- the unemployment dropped to 5.8 to 5.6 and 94k jobs created
- OIL prices, which looks like its stabilizing, if Oil moves higher, more confirmation of downward move.
- Canadian WTI-WSC spread rapidly decreasing from a high of 55 to 14.75, avg for the year is 35. (alberta cut production)
NZ-CA 10 year spread bottomed on 4th OCT - at .03 and moved higher since then to 40, still around the average.
To summarize -
IF NZD GDP is a big miss, heavy short, top is in place, downtrend begins.
IF NZD GDP takes a big leap, then look for breakout
IF NZD GDP is normal then as is follow PA.
NZDCAD Double Top opportunityNZDCAD Double Top opportunity but it may go up if the above resistance line is broken
NZDCAD : 1D : Bearish Divergence on the Daily Technical AnalysisForex : Technical Analysis : NZDCAD : There is confirmed bearish divergence on the daily chart confirmation is from daily high test and failed break out falling back down below previous horizontal resistance OANDA:NZDCAD
NZDCAD - ENTRY AND EXIT FOR YOU GUYS
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
NZD-CAD ( Short mid-term position )Hi, As you can see there is a strong level which is a good level & probably would make a retracement for the price
we need to see the first rejection then we have a good opportunity to get a trade
Good luck :)
Happy Pips!
NZDCAD UPDATE - READY SET GOfor those following me, you would have made
some gains on this one.
the expected reversal seems to have now happened.
i am expecting this to go up now
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
:)
NZDCAD - BUY ABOUT TO STARTfor those following me, you would have made
some gains on this one.
the expected reversal seems to have now happened.
i am expecting this to go up now
I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
:)
Is NZDCAD going to have another bearish round?!Price tried to breaks the descending trend line but it couldn't make it.
A Piercing line pattern happened right under the trend line.
I believe we should look for bearish positions.
NZDCAD UPDATE - FOLLOW THE CONTINUATIONfor those following me, you would have made
some gains on this one.
i am expecting this reversal before it jumps back up
see previous analysis below
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NZDCAD REVERSALfor those following me, you would have made
some gains on this one. the reversal has started
as predicted. now lets follow the next set of waves
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PLEASE SEE PREVIOUS CHART BELOW
NZDCAD BUY - watch this spaceNZDCAD UPDATE FOR LONG
the blue bar will be my buy zone. it could extend to around 0.82150. watch out for a flag and buy once it get close/enters the blue zone
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:)
