NZDCAD Analysis H1Here is my analysis for NZDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Nzdcadshort
NZDCAD Inverse Cup and Handle target 0.7590Inverse Cup and Handle formed since 15 Nov 2023.
The price has broken below the brim level (but barely).
We could have a spike up to make a lower high before the big breakdown.
Then it'll be all steam ahead downside.
200>21>7 - Bearish
RSI<50 Lower highs
My first target will be 0.7590
NZDCAD - descending channelThe price is moving in a descending channel and has reached the top of the channel and a strong horizontal resistance. From there, it is expected to move towards lower support levels.
1W:
1D:
Good trading!
If you find it useful, like, follow, share!
NZDCAD - Oil Price On The Rise, Could Mean A Bullish CAD!Analysis:
Firstly just by looking at the charts we're able to tell that price is in a downwards trend. We've seen a series of lower lows and lower highs being formed confirming that we are in this downwards trend. We're now approaching a key level that has held as support and resistance multiple times so we expect this to happen again this time around. To add confluence to our area price is about to touch the 50% fib retracement level which we expect sellers to be sat at wanting and willing to enter into short positions pushing price down further. For more added confluence even though our trendline isn't at the area we're interested in it is still key as it shows that price is respecting this downwards trend that we're in, signifying that price is likely to hold the level we're at currently. Fundamentally the NZD is the 4th strongest major currency where as the CAD is the 2nd weakest major currency. This fundamentally really doesn't look good for our setup however if we dig a little deeper we'll see why we actually favour the CAD over the NZD. We have a speculation that oil prices will soon be on the rise again. Now why does this matter? Well Canada is the 4th largest oil distributer in the world meaning that the CAD is very often correlated to oil prices. If we see oil prices rise then so will the CAD. With our speculation on oil it starts to show early signs of a bullish CAD which is why we are bearish on NZDCAD both technically and fundamentally as well.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all.
Stay Safe - JPI
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
NZDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts from premium zone. For now I expect price to make a retracement to fill the imbalance higher and only that to reject from 4H bearish order block + institutional big figure 0.84000.
Fundamental analysis: On Wednesday we have news on CAD, will be released Cash Rate, as well on Friday will be released Unemployment Rate in Canada. Important news for CAD, so pay attention to the results in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
Bearish NZDCADThe daily trend is Bullish on the NZDCAD(its trading above the 200 Daily SMA). With that said, there is a retracement playing out going to either the Fibo 50% or the Fibo 61.8%. At the moment it is at the top of a downward channel eyeing the Fibo 50%
Also sentiment on the pair is at an astounding 90% long. Sentiment is contrarian so short-term shorts are suggested to at least the Fibo 50% and the bottom of the channel.
Entry @ 0.8430 === SL @ 0.8550 === TP @ 0.8225
NZDCAD SHORTWe have a shift in market structure from bullish to bearish. Presently we have a BOS and a possible bullish correction targeting the fresh OP (FOB) before resuming the bearish continuation.
NZDCAD are you rdy? 🧨😉currency pairs NZDCAD
At the moment, we can see a good entry point for this currency pair to open the trade up and buy.
The entry point is $0.82031, the stop loss point $0.82080 can be good, and in the target we can see $0.84387 and $0.84975 to profit from this currency pair.
NZDCAD Sell TF H4. TP = 0.8325 On the 4-hour chart, the trend started on May 5 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.8325
But do not forget about the SL = 0.8540
Good luck!
Regards, WeBelieveInTrading
NZDCAD - Short active ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: We are here in a bearish market structure from 4H timeframe perspective. As I expected in my previous analysis price filled the imbalance and rejected from institutional big figure 0.85000.
Like, comment and subscribe to be in touch with my content!
NZDCAD: Harmonic Structure on 1H ChartSimple bearish setup on the FX:NZDCAD pair, from the technical point of view, the formation of a harmonic structure on hourly chart is possible. This setup has high risk of failure but at the same time we have a good Risk/Return ratio.
Trade with care!
🚀 Like if my analysis is useful.
Cheers!
NZDCAD AnalysisD: Price in a bearish channel
4hr: Price formed double top,
broke neckline and trendline
30min: Price is in a bearish flag
I am expecting a sell
NZD/CAD +45 Pips 0 Drawdown From Last Video , New Entry Now !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.
NZDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: We are here bearish after the price changed the character and started to broke the structure. Now I expect price to make a retracement to fill that huge imbalance higher and then to reject from institutional big figure 0.85000 for a short position.
Fundamental analysis: Tomorrow we have news on CAD, will be released CPI, pay attention to the result in order to validate the anaylsis.
Like, comment and subscribe to be in touch with my content!
NZD/CAD Made Double Top Pattern , Still Not Confirmed To Enter !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.
NZDCAD - Short Opportunity - H4NZDCAD - Short Opportunity - H4
Lets star the week with this trade.
Cad is a bit stronger...let see if the continuation pulls through.
NZDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDCAD
Technical analysis: Here we are in a bearish market structure on higher timeframe, so I am looking for shorts, as we can also see that price made an intermediary CHoCH. I expect price to go a little bit higher to fill the imbalance and then to reject from bearish order block + institutional big figure 0.85000.
Like, comment and subscribe to be in touch with my content!
NZD CAD just journalling my back tests, this is not financial advice
trade short idea using the asian range to get a potential manipulation of the highs during london open to then go on and manipulate the lows of the london range also breaking structure to the downside causing a potential trend reversal
NZDCAD - Short opportunity - H4NZDCAD - Short opportunity - H4
Trend continuation on the 4 hour time frame.
Waiting for the daily candle confirmation.
NZDCAD Technical Analysis and Trade IdeaThis video is an in-depth analysis of the EURUSD, concentrating on its recent trading patterns. The video covers the impact of the EU reaching a significant resistance level and the presence of a price gap below it. These factors could trigger selling activity. Throughout the video, various topics are discussed, including trend analysis, price action, market structure, and price gaps. Additionally, a potential trade opportunity is briefly touched upon.
NZDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on NZDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalances higher and then to reject from bearish order block + institutional big figure 0.84000.
Fundamental analysis: Tomorrow will be released monthly CPI on CAD, but on Wednesday will be released quarterly CPI on NZD which was forecasted to increase this means strength of currency and validation of our analysis.
Like, comment and subscribe to be in touch with my content!
