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Nzdcadshort

💡Don't miss the great sell opportunity in NZDCADTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.8817). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 33. Take Profits: TP1= @ 0.8760 TP2= @ 0.8724 TP3= @ 0.8678 TP4= @ 0.8661 TP5= @ 0.8632 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
NZDCAD - SHORTDescription: The counter NZDCAD forms a peculiar chart pattern, the head and shoulder formation from 26th February. The high at the price of 0.9328 forms the head and the two lower highs around the price of 0.9255 form shoulders. The neckline is the core of this pattern at the price of 0.9204. This pattern is very supportive of the bearish trend. Yesterday the counter broke the neckline of the head and shoulder. Therefore the price is expected to move downwards and the bearish trend is expected to continue further. The curves of the MACD indicator give additional support to the description. The major levels for this counter are R2 –0.9288 R1 –0.9237 PP –0.9205 S1 –0.9154 S2 –0.9121
Short
by WohlstandMarketsLimited
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. How can you support me: 1) Like my idea. 2) Follow me for more analysis 3) I will Opening Telegram and instagram channels soon. Feedback: Please share your feedback in comments and this will help me to improve my drawing and analysis .
Short
by technicalwhale
1