NZDCAD SHOWING A LONGTERN UP MOVE WITH 1:10 RISK REWARDNZDCAD SHOWING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
NZDCADANALYSIS
NZDCAD - TIME TO GO SHORT ?Symbol - NZDCAD
NZDCAD is currently trading at 0.84600
I'm seeing a trading opportunity on sell side.
Shorting NZDCAD pair at CMP 0.84600
I will be adding more if 0.85000 comes & will hold with SL of 0.85300
Targets I'm expecting are 0.83500 - 0.82900
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NZDCAD - TRADE ON SHORT SIDESymbol - NZDCAD
NZDCAD is currently trading at 0.83500
I'm seeing a trading opportunity on sell side.
Shorting NZDCAD pair at CMP 0.83500
I will be adding more if 0.83750 comes & will hold with SL of 0.84100
Targets I'm expecting are 0.82660 - 0.82100
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NZDCAD FOREXCOM:NZDCAD
- Break the supply but not closing above the supply
- Wait for the Confirmation in LTF
-2 Higher High....Looking for the 3rd High
-Chance to Sweep the IDM(x) & Reverse
- V-shape recovery
- High Volume in Buying Candle
...............here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
💡Don't miss the great buy opportunity in NZDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (.086473).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 62 .
Take Profits:
TP1= @ 0.86818
TP2= @ 0.87144
TP3= @ 0.87396
TP4= @ 0.87679
TP5= @ 0.87976
SL= Break below S2
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NZDCAD GARTLEY pattern on 1 hr chart. Hello Trader, Here is the full analysis on NZDCAD
1) On 1hr chart we can see it as formed gartley pattern and possible reversal expected.
2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of gartley and strong resistance one can look for short.
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