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Nzdcadshort

NZDCAD SELL ZONE UPDATED! Hi Traders, here is the full Update Analysis / Breakdown for NZDCAD. Please Press Like and follow!! Keep this pair on your watch-list. Conditions - 1.Wait for confirmation(Wait For Price Action Confirmation / Market Environment Change ) 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this! 5.Always Be reactive & Not Predictive ! A like and a comment will create more Free Analysis & Forex Education. Your Support is Appreciated! See You in the next Educational Video / Analysis Global Fx Education
Short
by Global_Fx
NZD/CAD approaching key resistanceLet's take a look at NZD/CAD on 4H chart. We can see price is closing in on strong resistance line that has not been broken for quite some time now. NZD/CAD could see some down movement if price bounce of the resistance line one more time. We are placing pending SELL orders shown on chart. Let us know what you think about this idea and don't be shy to leave a comment as we always try to reply to them :) Don't forget to follow us here and like our ideas as it helps to grow our channel. Good luck !
Short
by UnknownUnicorn3249870
1
NZDCAD H1 SHORT PRICE ACTION FORECASTWith price action trading close to a resistance level, together with the 50EMA and downward trendline, it could bring the opportunity for a short trade as a sell-limit entry setup. When checking the intraday charts at H1, the candle forming was a clear Doji bar signaling the possible fatigue of the short correction from the more significant downtrend bias. S/L: 30 pip with an R:R | 1:2 with the T/P right from last week's previous support level.
Short
by OGFXTRADER
NZDCAD short trade ideaPlan: trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **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
Short
by GWBFX
2
NZDCAD- Bearish Momentum On The Reversal Of The Supply Zone!-Very good opportunity to sell at the supply zone which is in confluences with the 38.2% level. -The Ema is above price suggests Medium term bearish momentum on the pair. -Price previously broke the ascending channel which is also another indication that price could retest the supply zone and then we could start to see bearish momentum for this pair. Wait for price to reach the zone and look for bearish candlestick formation to enter this pair.
Short
by LDForex_