CADNZD trade ideas
💡Don't miss the great buy opportunity in NZDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8717).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 54.
Take Profits:
TP1= @ 0.8738
TP2= @ 0.8754
TP3= @ 0.8766
TP4= @ 0.8795
TP5= @ 0.8832
SL= Break below S2
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Current scenario on NZDCADPrice action at its finest shape and form and previous data giving extra confidence
After an Impulse move to upside and breaking a 4H zone ,the price is currently moving in a extended descending channel or bullish correction before moving more to the upside. While analysing previous weeks price movement we can see a very similar extended bearish correction at the same area before movement to the downside by breaking an ascending channel
I tried my best to the represent the movement with path tool ,hoping it will be usesful for someone
{=GOOD BUY OPPORTUNITY IN NZDCAD=}There is good buying area after retestment. If broke below it will change its direction otherwise go long
!Happy trading
NZDCAD DAILY ANALYSIS 26-11-2021#forexsignal #freeforexsignals #dailyforexsignals
#NZDCAD current 4 hour momentum looks bullish. Buyers price of interest are 0.8670, 0.8660
The possible targets are 0.8737, 0.8800
These analysis are based on current market swing and we update our views up on the upcoming future swing
{=SELL OOPORTUNITY IN NZDCAD=}It may continue its down trend after a big fall of market from the resistance. So we can look for sell after a retracement.
NZDCAD Trading Plan - 22/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect NZDCAD to go up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
{ =SHORT OPPORTUNITY IN NZDCAD=}Wait for the 0.87914 level to break. Then it is possible to reverse the market till 0.86077
NZDCAD Trading Plan - 10/Nov/2021Hello Traders,
Hope you all are doing good!!
I expect NZDCAD to go UP correctively.
Look for your BUY setups accordingly.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
nzdcadFX:NZDCAD
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NZD/CAD * 0.618 Half Bat
* 1.618 XABCD
* 2.24 ABCD
* 0.88 strong support level
* RSI oversold on 4 and 1HR
* RSI divergence on 1HR
* Bollinger squeezed on 1HR
* Price action box
NZDCAD is going Up!NZDCAD Weekly Chart,
We think it is going to the Supply Zone ahead at
0.9136 to 0.9243.
Good Luck!
NZDCAD is going upside in coming weeks!NZDCAD is in a up trend channel in weekly chart.
It is approaching to channel top and Fib level 50, resistance at 0.8870 at the Supply Zone as shown.
NZD/CAD at a support.It tooks a support from oldest support line 3 time and move in the upside direction.
Long opportunity in NZDCAD Note :- Given trades are for educational purpose only . Trade at your own risk
💡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 ❤️
