NZDCAD - Price May Grow NZDCAD is now Trading at its support level , We may see Price growing from this area to its resistance area.
Nzdcadlong
NZDCAD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GWBFX
NZD/CAD beautiful example of Sideways ChannelLet's take a look at NZD/CAD 4H chart, what we can see there is a beautiful parallel channel. Price right now is rejected from strong support and now is heading back up to retest resistance line. We can enter trade now as we can see that the price has been bounced from support line on multiple timeframes.
BUY @ 0.84157
TP1 - 0.84657
TP2 - 0.85157
SL - 0.83157
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NZDCAD. Growth to the target.Hello dear subscribers!
The price of the New Zealand dollar is more difficult to analyze,
However, I expect growth after a smooth minimum fall.
The price may touch the support level, but will not break it.
Price will rise to the target.
Good luck to you.
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This idea does not provide the financial advice.
Proposed long NZDCAD for the week of 11 May, 2020Both NZD and CAD have made significant gains against the USD during the last week and to pick the stronger between the two is not easy. However, the NZDCAD chart does give us a good perspective.
The trend line shows a slow but consistent grind to the upside, yet a strong resistance at 0.85440. You can see at least 8 attempts to breakout at the top and to me it appears that success will come very soon. If there is another push to the bottom trend line, I will be happy to take a long. If that does not happen, I am also willing to take a trade at current price, the R/R is still good.
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As always please use sound money and risk management in all your trades.
NZD/CAD 4 Hour Break upwards of Triangle Very SoonEnter now 30 pip stop.
Above 50/100 EMA
Stochastic Looking Bullish
Buy Signal on the MACD
Stop Hunt already occurred after accumulation (Market Makers Playbook)
NZD/CAD, Breakout of the Key Level would offer long opportunityNZD/CAD struggles to break the key level. If the price will break it, we would take long entry with our members with awesome risk to reward and probabilities for a nice push to the upside.
NZDCAD LONGSeveral touches and rejections of the ascending trendline. Most recent rejection lines up nicely with the 0.618 FIB.
New higher high formed with several higher lows.
NZD/CAD, Wait for confirmation before entering BuyThis pair has a good chance to break this horizontal key level while staying in this ascending triangle. If it happens, our students will be taking a long position with a nice risk to reward and probabilities for a nice push to the upside.
Ascending Triangle coming to end for NZD/CADWe are considering both scenarios for NZD/CAD because Ascending Triangle has coming to end and that's why we are putting two pending (both directions) orders if either of the triangle lines are broken.
But be careful to put the entry too close to the broken line.
Good luck !
NzdCad Great Sell Opportunity!!NzdCad clearly reversed on a very strong resistance on most timeframes, Sell on confirmation. no much descriptions on this simple chart.. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks!
NZDCAD reversed from resistance, potential drop!
NZDCAD reversed off its resistance at 0.85434 where it could potentially drop further to 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. Please also tell us what you would like to see next.
NZDCAD appraoching resistance, potential drop! | 21 April 2020Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. We will be posting the written version as well so do keep a lookout for that! Please also tell us what you would like to see next.
NZDCAD approaching resistance, look out for potential reversal!
NZDCAD is approaching its resistance at 0.85820 where it is could reverse down to its support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD long trade ideawait for the price to test the key support level --> BUY ,. please do your own research before placing any buy order. good luck!
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
nzdcad nzdcad on the 1H timeframe . nzdcadis currently at a key level of suppord which as you can see has been tested quite a few times in the past. I am expecting it to go long.
always use proper RISK MANAGEMENT
please comment any questions or thoughts u might have about my analysis or this pair
NZDCAD potential reversal!
NZDCAD expected to rise up to 1st resistance at 0.85820 where it could potentially react off and drop down to 1st support at 0.82797.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
