A new opportunity to Sell in NZDCADMidterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend. Technical analysis: .While the RSI resistance #1 at 73 is not broken, the probability of price increase would be too low. .A peak is formed in daily chart at 0.9160 on 06/08/2018, so more losses to support(s) 0.9110, 0.9065, 0.9000 and more depths is expected. Price is above WEMA21, if price drops more, this line can act as dynamic support against more losses. . Relative strength index ( RSI ) is 64. Trading suggestion: There is possibility of temporary retracement to suggested Sell Zone (0.9170 to 0.9240), if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.9170) Ending of entry zone (0.9240) Entry signal: Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak", in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.9110 TP2= @ 0.9065 TP3= @ 0.9000 TP4= @ 0.8930 TP5= @ 0.8860 TP6= @ 0.8785 TP7= @ 0.8640 TP8= @ FreeShortby ForecastCityUpdated 4
i am in based on only momentum lets see.this one i looked for sell at 4h 1d but i noticed the weakness of sellers above the breach area of 4 h guys . so i jumped to lower timeframe to trade this one 4h 1h buy . spot the money spot only . but only i worried about the v formation becz . the v is not good . 1h ttf Longby ChimpanzeesUpdated 0
(IN MY OPINION) CAD IS THE MOST STRONGEST CURRENCY ON D .cad is very strong on d so i ll sell that after v and test phase . TTF OANDA:NZDCAD Shortby ChimpanzeesPublished 0
Another trading opportunity to sell in NZDCAD.Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast resumption of downtrend. Technical analysis: While the RSI resistance #1 at 60 is not broken, the probability of price increase would be too low. A trough is formed in the daily chart at 0.8785 on 05/17/2018, so more gains maximum to Trend Hunter Sell Zone (0.9110 to 0.9170) is expected. Price is above WEMA21, if the price drops more, this line can act as dynamic support against more losses. Relative strength index (RSI) is 56. Trading suggestion: There is a possibility of temporary retracement to suggested Sell Zone (0.9110 to 0.9170). if so, we would set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. Beginning of entry zone (0.9110) Ending of entry zone (0.9170) Entry signal: Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting Star" or "Peak" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @0.9000 TP2= @ 0.8930 TP3= @ 0.8860 TP4= @ 0.8785 TP5= @ 0.8640 TP6= FreeShortby ForecastCityPublished 4
NZDCAD looks good to BuyNZDCAD broke the resistance zone and trading above the zone its good to buyby MarketNeetiPublished 0
NZDCAD ELLIOT WAVE study...NZDCAD ELLIOT WAVE STUDY KEEP WATCH TAKE MUCH PROFIT Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your own financial situation. I am not responsible for any liabilities arising from the result of your market involvement or individual trade activities. Hope this idea will inspire some of you! Don't forget to hit the like/follow button if you feel like this post deserves it Longby sakthidevaUpdated 1
NZD CAD DOWNAfter a "crab Pattern" and a "divergence", the pair seems directed dawnwardby SharingTradingPublished 0