Nzdcadshort
NZDCADThere are a lot of very good short signals
you can enter short right now and use the shown stop loss and targets
but I recommend waiting for a breaking out and retesting the uptrend because there's a chance of forming a Wolfe wave by breaking the downtrend
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SHORT ON NZD/CADPrice has broken a support level and created a downward wedge pattern.
This by default is a bullish reversal pattern.
However price is still below the 8 and 50 period moving average. Along with a Long wick rejecting sellers at the old support now resistance zone.
I will be taking this trade short for a good amount of pips.
NZDCAD SELLEntry at 8:30 pm
Weekly: downtrend, last week closed extremely bearish under 0.085000 zone
Daily: downtrend, under 50 ma m yesterday closed super bearish below the last days close
4hr: Downtrend, just broke structure looking to sell the retracement
Under 50 MA
1hr: Downtrend, under 50 MA
30 min entry
NZD/CAD New Short Setup After Our Res Retest To Get 200 PipsThis 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, a 500 pips setup.NZDCAD / 1D
Hello traders, welcome back to another market breakdown.
NZDCAD has been trading in a down-trend, the price has rejected the trend line and broke down from consoladation.
As trend following strategy, traders will be looking for another leg down side ways.
Trade safe,
trader Leo.
Short NZDCAD for the week of 11/04/22 The recent bullish move met with some solid resistance in the 0.8760 region and formed support at 0.8625. Price was stuck in this range for about 3 weeks, but has now broken convincingly below it (on Fri). Most of the price action is below the 200dma and I believe that the bearish trend is ready to resume.
A pullback to 0.8625 would be ideal as it gives us the possibility to have a reasonable stop loss while targeting the next support in the 0.8340 area. We have a 2.6R – 3R trade possibility that is line with the major trend.
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Always use sound money and risk management in all your trades.
NZDCAD | ASCENDING TRIANGLENZDCAD has been trading in ascending triangle for more than 2 weeks. Recently price has taken the support from rising trendline and heading towards sellers zone again.
We remain watchful on the sellers zone, where two break above or below is possible.
Trade your levels accordingly
NZD/CAD Trying To Retest Broken Trendline , Short Setup Valid 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
Mon 28th Mar 2022 NZD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a NZD/CAD Sell. As you can see by al the lines and note son my chart, I have been busy on this pair. The main thing is that I am still in a partial Buy trade also, which gives me some protection. Enjoy the day all. Cheers. Jim
NZDCAD | IMPORTANT ZONENZDCAD has been trading in a right triange as prominent on the charts. We have important watchout level around 0.87900 - 0.88000 where two possibilies can happen;
a) A breakout above will result in 200 pips atleast
b) A break below from the resistance zone towards the rising trendline.
Trade your levels accordingly.