Hello traders! ‼️ This is my perspective on NZDCAD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look only for long position. I wait price to continue the retracement to fill that huge imbalance lower and then to reject from trendline + FIBO 0.618 level. Like, comment and subscribe to be in touch with my content!
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis (attached on the chart), NZDCAD rejected the lower bound of the red channel and traded higher. What's next? 📈 NZDCAD has been overall bearish, trading within the falling channel in red. At present, NZDCAD is undergoing a correction phase, trading...
The NZDCAD pair just completed a Death Cross on the 1D time-frame, the first since June 20 2023. Even though the price rebounded inside the 1.5 years Higher Lows Zone, the prevailing pattern since December 2023 is a Channel Down. With the July 14 2023 High formed (and rejected) on the 0.786 Fibonacci retracement level, it is possible to see a rejection on the new...
NZD-CAD has reached a Horizontal resistance level Of 0.8247 and the pair is Locally overbought so I will be expecting a Local bearish correction !
NZDCAD may retrace from a key daily horizontal resistance: The price formed a rising wedge pattern on an hourly time frame and violated its support line after the text of the underlined structure. I expect a pullback to 0.8212 ❤️Please, support my work with like, thank you!❤️
The pair NZDCAD is expected to make a sharp bearish move depending upon the fundamentals and technicals as indicated and explained on the chart.
NZDCAD is decelerating after completing the bearish harmonic pattern. The market overall is consolidating, bouncing from resistance and support levels. There was a big drop from this resistance level. We expect a sell-off from the resistance level since the market is decelerating and losing momentum. ------------------- Share your opinion in the comments and...
#NZDCAD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDCAD. NZDCAD is breaking the main Falling Wedge Pattern. We can see a Good drop in price here. In this drop we can see gain upto 100Pips+. Keep in touch we will update further soon
Lately on NZDCAD price has retested the daily fair value gap and also closed below it, indicating a sell wave on top on that price has just taken out the previous monthly high now heading for the previous monthly low.
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83000 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.83000 support and resistance area.
Nzdcad bearish forecast just waiting for fvg for sell trade conformation.
✅NZD_CAD is going up to retest a horizontal resistance around 0.8257 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 0.8225 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Market Structure Bearish on Multiply Time Frames Daily Broke Structure on Friday to the downside My Entry is potentially at the Daily AOi There is Weekly Rejection at this level Daily Rejection at this Level Daily Bearish Engulfing Previous Daily Structure point Around Psych Level 0.82500 H4 Candlestick Rejection Rejection from Previous structure SOS...
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H4 and H1 time-frame. D1 is also entering Overbought Conditions. - Price action is close to last month's Resistance Trendline - Price action is in a consolidation zone - Targeting the 61.8% Fibo retracement Suggested Trade: Entry @ Area of Interest 0.8210 - 0.8230 SL @ 0.8244 TP 1...
Hello,Traders! NZD-CAD hit a horizontal Resistance of 0.826 and Made a nice pullback so We are locally bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDCAD - LONG Look for buy setups on this level, it can push up anytime soon V.Ragu
Hey guys hope you are all having a wonderful and blessed weekend so far! Just wanted to come on here and make a post for a potential setup I see for the week ahead on NZDCAD! Not going to go super in-depth but will give a general breakdown of why I am looking at this pair to potentially trade. Lets dive in! OK so starting on the weekly timeframe price seems to...
Bearish trend was broken on Daily and Weekly last week, which made the Market bullish again Market Structure Bullish on HTF Weekly and Daily at the same AOi Weekly Rejection from AOi Previous Weekly Structure Point Daily Rejection Candles Daily EMA Retest Previous Daily Structure Point Around Psychological Level 0.81500 H4 EMA retest Candlestick Rejection at...