The pair plunged from the top with a great momentum. Now, it has hit the brick wall which has been its long-term support zone. And as expected, it has bounced back sharply too and in the due process it has broken the bearish trendline. Hence, a profit booking rally seems imminent. So, traders can buy on the short-term pullback (dips) and expect a rally to the...
On 24-25th March, the price crossed above Downtrend and came back, showing that BEARS are taking control for the time being. Plus there's support @price 0.89200 and it may retrace 38% / 50% and fall back again. Target 1: 0.89200 Target 2: 0.8600
On 24-25th March, the price crossed above Downtrend and came back, showing that BEARS are taking control for the time being. Plus there's support @price 0.89200 and it may retrace 38% / 50% and fall back again. Target 1: 0.89200 Target 2: 0.8600
WE HAVE TAKEN A LONG NZD CAD nice dodgi bounce in an area of interest looking for target of 92
SL can be maintained at 2ATR 3/2 Risk Reward can be used while booking profit
NZD/CAD has formed a head and shoulder pattern in the 15-min chart. Also, it broke its neckline with a strong bearish candle. Hence we expect the pair to head south from here.
Welcome to my first analysis, !NZDCAD is a pretty simple setup ---> RSI making lower low ----> price making lower high. im expecting a retrace to about 0.901xx for initial target and 0.899x for the next. if it achieves that we shall take it from there. (( seems to be making some sort of a diagonal ))
NZDCAD: - PAIR RESPECTING THE FALLING RESISTANCE LINE NICELY FROM PAST ONE YEAR. SELL LIMIT@.917 SL@.935 TP1 .889 TP2@.867
NZD/CAD is currently in a range bound move. It has taken resistance at its upper range end is on it way to its to lower range. Also, it has crossed its critical support at 0.90131, hence we expect the pair to move to its support at 0.89132.
ALERT SIGNAL FOR WEEKLY SIGNAL TRADER PAIR NAME - NZDCAD DATE -29/0/2018 BUY LIMIT 1 - .85150 STOPLOSS- .84707 TARGET 1- .85900 TARGET 2- .86500 LIMIT VALIDITY = 5 TRADING DAYS RISK REWARD-3.06 THANK YOU U WIN = V WIN TEAM FFXSIGNAL
Sell at the market. SL would be just above the swing high of the Pattern. TP would be 0.618 of 0-5 move
The price falls just kicked up another gear We forecast most of the danger is behind As long as 0.9100 is resistance, sell the rallies favors the near-term trend NZDCAD traced out a near-term price top near 0.9060-0.9100 via the formation of a multi-top pattern. The daily oscillators are very bearish with the RSI is propelling down, and the oscillator has...