Kiwi Loonie looks very bullish, key structure is broken, and the neckline of our double bottom too, I'm bullish with this pair
Please do find your entry point with lower TM and good confirmation clues.
NZDCAD Buy trade opportunities
NZDCAD it's recently closed above the short-term resistance line its a good opportunity to take a long to the next resistance as we mark in the chart
Always Use Stop Loss
NZDCAD Sell trade opportunities
NZDCAD has broken the Support trendline and closed below with a very strong Bearish candle its a good opportunity to take a sell trade and the target will be the next support line
‘Always trade with Stop Loss "
We forecasted and shared our view of NZDCAD, where we were looking for a BUY up to the the Premium Levels
(Daily FVG & 8H OrderBlock).
We shared the HTF Directional View & LTF Entry Setup with you guys.
The analysis turned out as we wanted and the entry was a SNIPER ENTRY as well 🎯
From this Setup we got:
279+ PIPS, 1:4.3+ Risk to Reward Ratio!
". There is a possibility of temporary retracement to the suggested support line (0.81420).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. NZDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
NZDCAD SELL trade opportunities
NZDCAD currently bearish trend and is expecting to break out if it closes below the support area with a very strong Bearish candle then the market will be further moving into a bearish phase after confirmation of a breakout wait to retracement then enter in sell trade with a very good risk rewards
"Always trade with Stop Loss"
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.
You can see my previous upload of this pair. This the entry I would prefer for long on NZDCAD. clean picture of BOS and order block entry.
In this I’m RISKING 21.5 pipes for 50 pipes.
I always close half of entries after taking 30 pipes of PROFIT and may the other remaining BE.