Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.91). 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 dynamic...
Forming triple top or wait for conformation
It is the analysis of nzdcad on 30 minute time frame. You can see it's a beautiful trendline break, now price needs to retest the resistance zone after that we will short on NZDCAD.
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.875). 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. ....
SELL ENTRY HEAD AND SHOULDER PATTERN
H&S Pattern formed and necline broken and almost retested, waiting to buy at trendline which confluenced with 0.618 fib level ,, RR Ratio looks good (1:5) setup
NZD/CAD SELL - 0.8753 TP - 0.8653 SL - 0.8802
going long after market breaks and retests our level !!!!!!! lets be on alert when the market opens remember good money management,
it made a head and shoulders pattern on the weekly it's finishing the right shoulder with a symmetrical triangle pattern.
THIS IS THE TRADE I TAKE FEW HOURS AGO... THIS IS AN INTERESTING ANALYSIS THAT'S WHY IM SHARING THIS WITH YOU ALL. AS YOU CAN SEE THE RANGE IS BROKEN AND MARKET WAS GOING DOWN SHARPLY... SO I WAS LOOKING FOR A PULLBACK AND DURING PULLBACK THERES A DIGESTION PROCESS GOING ON(in 3 min. timeframe) AND AFTER THE DIGESTION PROCESS IS OVER I WAS LOOKING FOR A SMALL...
Price is forming a bull flag pattern. Hence looking to enter LONG after completely forming the bull flag pattern
FOLLOW FOR MORE SIGNAL.The entry point is blue line
Long term trend - LONG (Soon to change direction to short) Current trend - SHORT Nature - CORRECTIVE PHASE Pattern - BEAR FLAG Stoploss - 50 pips Risk: Reward - 1:4
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.895). 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 dynamic...