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...
Wait for the 0.87914 level to break. Then it is possible to reverse the market till 0.86077
Hello 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...
FX:NZDCAD Please note that we are not a Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult your...
I think its now going for a retest and then go down
* 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 Weekly Chart, We think it is going to the Supply Zone ahead at 0.9136 to 0.9243. Good Luck!
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.
It tooks a support from oldest support line 3 time and move in the upside direction.
Note :- Given trades are for educational purpose only . Trade at your own risk
NZDCAD Long R/R: 1:3 Feel free to share your opinions in the comment!
Trading 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...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.8778). . 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...
will go high if breaks this resistance.