Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8411). . 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 below the 21-Day WEMA, which acts as a...
With good Risk to reward ratio in Daily timeframe. Took great support and formed reversal candle. Happy trading!
The market is strongly respecting the trend line in DAILY timeframe, if goes up for corrections definitely, have possibilities to move down. !Happy trading
Wait for the proper retracements and enter the position with good risk management !Happy trading
I am looking to go long at this . I am taking 1:2 RRR Tp1 1:1 Tp2 1:2
Two key areas to look upon. Education purpose only
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8661). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCAD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
nzdcad crossed the trendline and even retraced wait for the confirmation
price channal we cango lobg from hear we can trade with minimum 1:2 risk reward ratio
Trading 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...
Price 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...
Short now for tgt 1:1 RRR...if SL trigger wait for fresh call
There is good buying area after retestment. If broke below it will change its direction otherwise go long !Happy trading
Nicely directed in the channel. Buy with the tgt as stated and stop on breaking its support,
#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
It may continue its down trend after a big fall of market from the resistance. So we can look for sell after a retracement.
Hello 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...