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Nzdcadsell

NZDCAD SHORTNZDCAD also looking promising for shorts. We will need to wait for it to reach the purple box region which has been placed around the 0.86500 level, this also meets with the trend line as well as the 61.8% level giving us multiple confluence for this to be a level of interest. However, we need to wait for further rejection of this zone, so multiple 4hr candle closures forming a spinning top or doji candle (like in the blue circle shown above). If this does become into fruition I will be taking shorts down to the -61.8% Fib level, taking partial profits at the 0% and the -20% to secure some profits. 185 PIP gain 4.5/1 RR LIKE AND FOLLOW FOR MORE !!
Short
by KFX_
Trading Pathways Analysis of NZDCAD H4 Chart The outlined white arrow pathway is the predicted pathway that the NZDCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where NZDCAD will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Short
by Trading-Swing-Pathways
NZD/CAD: Swingsetup and Opportunity#SELLHey tradomaniacs, NZD/CAD has been broken through the trendchannel (a) and has hit a strong key-resistance showing a decreasing volume the closer we got to it. This is a high evidence of a bullish weakness and shows it is time to for bulls to save profits. I expect the market to head towards the previous channel to retest it before the rally continues. The current resistance-zone gives us a great risk-reward ratio and good opportunity to sell. Type: Swingtrade Market Sell: 0,87555 Stop-Loss: 0,88985 Target 1: 0,85965 Target 2: 0,84750 Target 3: 0,83565 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez