Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.8985). 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 downtrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
We evaluate short entry at the break of the support with target 0.87400
Educational Purpose. Trade with stop loss
Dear friends, Don't follow me blindly...what i am sharing here, is my knowledge not signals I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view...
Description: The counter NZDCAD forms a peculiar chart pattern, the head and shoulder formation from 26th February. The high at the price of 0.9328 forms the head and the two lower highs around the price of 0.9255 form shoulders. The neckline is the core of this pattern at the price of 0.9204. This pattern is very supportive of the bearish trend. Yesterday the...
Midterm forecast: While the price is below the resistance 0.9330, beginning of downtrend is expected. We make sure when the support at 0.8985 breaks. If the resistance at 0.9330 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: There is a divergence in RSI and price between the peak at 0.91615 on 2020-12-03 and...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.9225). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Description: The counter NZDCAD started moving in an ascending triangle .A support trend line tested at the prices 0.9037 and 0.9135 and the flat-top resistance line at the price 0.9229.The price is moving near the top line of the triangle and it is expected to break the line. Buying pressure of the market may pull the price even more upwards. If the price...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9165). 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 uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.9162). 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 downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
NZDCAD is looking for great short, formed ascending channel, Has the possibility to fulfil move to the downside.
NZDCAD looking strong short for the downside & has the move to the downside!
NZDCAD is looking really good for the sell side by using reduce risk entry for the sell side to kickstart 2021!
NZD/CAD Has Broken the 0.90 Resistance and Retest is Done. NZD/CAD Has Broken the Neckline of Double Bottom in H4 Timeframe. Entry ,SL, Target on Chart. Trade with Proper Risk Management.
NZD/CAD BUY LIMIT ORDER - 0.8870 TP - 0.9121 SL - 0.8737