sell opportunity on nzdcadprice has hit the daily middle band,I expect it to bounced back down to complete the bearish move down at the lower band
Nzdcadshort
NZDCAD sell on 5HPlan : trendline breakdown --> wait for prices to bounce off trendline / key resistance --> 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.
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GWBFX
NZDCAD Market Outlook | Daily Forex Market BreakdownNZDCAD
NC looking like a head and shoulders is forming. Watching very closely. NC might be the best looking sell out of all the NZD pairs at the moment. They are all looking good. Patience will be key we will let the high quality set ups present themselves to us. No need to rush into any trades.
NZDCAD AnalyisisHi Traders, here is the full analysis for this NZDCAD
Keep this pair on your watch-list.
Conditions -
1. Wait for confirmation
2.Use Risk Management
3. Do your Own analysis
Dont forget to give me a like & Follow , let me know in the comment section below if you have any questions,
Have a great week.
See You in the next Video!
NZDCAD Possible Counter Trend Short OpportunityIm looking for a short here NZDCAD on this pullback based on price rejecting at key resistance
NZD/CAD : Buy on the PullbackWatch Correction in LowerTime Frame and buy on the Pullback,
trend is going Bulish and making higher High
NZDCAD SELL SETUPWeakness appeared on NZDCAD, negative divergence on both MACD and RSI (H1 frame)
Price now is below key level around 0.8683
We r waiting to break the bottom at level 0.8656 to retest the support zone
around level 0.8560 near the (HVN region)
NZDCAD Possibility Market move.
In the name of Allah, the Most Gracious, the Most Merciful
NZDCAD Possibility Market move.
Note: This is only for Educational Purpose this is not Investment advice.
Thanks
Adil Khan.
Nzd/Cad (A Candle By Candle Analysis)Here im looking at the last 3 daily candles to get a story about what was happening and the mistake I made by entering early! So as you can see , price actually did find resistance , then created a doji at resistance the next day .... AND STARTED TO MOVE DOWN tricking me into entering the sell! The problem was that I was reading into the news data for Friday Wrong ... thinking news would help push this pair down (Along with Gbp/Cad) and I entered early during NFP that pushed me into the negative!!!!!
However... The Analysis still stands and Im ignoring the last 2 daily Candles because of news... This is a sell! (See The Montly Chart in my other Idea)
I was lucky because I used a small enough lot size to where I could withstand this move up against me!!!!
So in this trade .... I entered at resistance as price began to move down... It seems that I did everything right...
But my problem here was trying to enter this trade before the big news friday! This is a mistake I will learn from in the future and you should too!!!!
From now on , when price reaches daily resistance and begins to fall..... WE MUST SEE IF BIG NEWS COULD BE RELEASED THAT COULD PUSH THE TRADE THE OTHER WAY!!!!!!
Anyway... im still holding in the negative and I hope that someone learns from my mistakes and this chart!!!!
P.S. I made a mistake by saying price made it to the 200 day moving average on Dec 19. I meant to say that price made it to the 200 on December 5th!!!!!
Why Im Holding Nzd/Cad For The Sell (See Montly Chart)It is always nice to look at these higher time frame charts! I have entered a sell early and im holding in the negative but you can see we are at montly resistance!
Not only are we at montly resistance but this trend is "Picture Perfect" !!!!! This is a trending market and im holding the sell all month long or until at least the take profit which is on the chart!
If you can't sell this.... then you should pack your bags and go home! But if you have not entered yet , you should at least wait until you see at least 2 daily Red Candlesticks!!!! Make sure you confirm the sell so that you can get a better entry!
NZD/CAD SHORTNZD/CAD SELL LIMIT
ENTRY 1 .86660
ENTRY 2 .86750
Sl .86877
Tp.1 .86410
Tp.2 .86200
Tp.3 .86920
NZDCAD approaching support, potential for a further rise!
NZDCAD approaching support at 0.86050 where it could potentially rise further to 0.86847.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCAD BEARS ON RALLYBulls smashed TP
We back to bears, simple and clean..
join the Train but pick your stop.
NZDCAD Short setupWe are wathing Head and shoulder pattern in Short time frame. Overnight rate ahead also. We will follow Technical and enter with sell stop at breakout of neckline.
NZDCAD Market Outlook | Daily Forex Market BreakdownNZDCAD Is looking like a decent short! It is a bit early but I will say it looks good! Be careful for stop hunts which could serve as a good entry if we do see one.
NZD/CAD : Buy on the Trendline BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
NZD/CAD : Strong SELL Coming Soon BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
