Nzdcadshort
NZDCAD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 0.84200 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
NZDCAD is in Downtrend and It is Expected to Continue Downtrend.
NZDCAD, We are in sell zone areaHello everybody
According to the chart you can see after breakwave that we made and the trend that changed to downward and the power of the bullish and correction was became weak its time to take short position until reach to the target .
In our way we have another minor resistance that the price can impact to it and after that its ready to break that down and continue the wat toward the target.
Dont forget use stop loss and trail your position and manage it
Good Luck
Abtin
NZDCAD Technical Analysis & Trade IdeaTaking a look at the NZDCAD chart, we've broken a key level of support, now re-testing the level. If we fail here and continue to the downside there's a decent price gap to our next target. In the video we take a look at how we can enter, manage risk and potentially capitalise on the opportunity. This is not financial advice, trading the currency markets carries a high level of risk.
Wait for confirmation signal and sell opportunity with NZDCADH1 time frame.
Structure: Downtrend.
After forming a double top reversal pattern with divergence signal, the price broke the Key level at 0.87000.
Wait for a retest and a signal to confirm the return of the downtrend, then you can look for selling opportunities.
The profit target is the 0.86500 price zone.
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Wish you all have a good trading day!
NZD/CAD:DOWNTREND | TECHNICAL ANALYSIS | PRICE WILL GO DOWN ?NZ unemployment in the three months to the end of September has slumped to 3.4 per cent, Stats NZ has reported. This date will let's grow the price ?
We think in Downtrend continuation....
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NZDCAD instant short order Hello traders.
this time I mapped NZDCAD with a risk reward ratio of 1:6.5 if it is in full accordance with the farthest target.
the assumption is that if you risk 2% of the capital, then when the price reaches target 1, you have saved 1:3 if it is according to the plan, the farthest target saves profit is 12% of the capital.
this analysis is not an invitation ... please make an entry consideration .
and if it is useful, you can like it and share it with friends. thanks
good luck
Wait for a sell signal with NZDCADH1 time frame.
Structure: The uptrend was broken at Key level 0.88000.
The price is forming a retracement confirming the downtrend.
Wait for the downtrend to complete and a bearish pattern to appear, then you can find a selling opportunity.
Profit target is 0.86000 price zone.
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Wish you all have a good trading day!