Market Analysis

NZDCAD WATCHLIST 📉

Potential sell area: 0.8068–0.8075

Invalidation area: above 0.8086

First downside objective: 0.8031

Main liquidity objective: 0.8012 weak low

I'm letting price reaction inside the POI determine whether the setup deserves execution.

Yesterday's loss is already irrelevant to today's decision.

That's something I've been working on with my trading.

I don't need to "win the money back" on NZDCAD.

I simply need to wait for another valid setup, define my risk, execute it properly and allow my edge to play out over a series of trades.

NZDCAD SELL IDEA

Price is retracing into the same region from which we previously saw bearish delivery.

If supply remains in control, I'm expecting this retracement to eventually roll over.

The interesting part is the weak low around 0.8012.

That's where the liquidity sits, and that's ultimately where I'll be watching for price to deliver.

NZDCAD UPDATE 📉

Yesterday I was buying NZDCAD expecting the retracement to continue higher, but price stopped me out.

Today the picture has changed.

Price has retraced back into the 1H supply/POI, and I'm now looking for sells.

Yesterday's loss doesn't determine today's bias. Price does.

Since CAD is weak due to trade tensions between itself and the us , New Zealand dollar was able to recover fast after the sell off, but wait for the double top neck to break which can signal a trend change, because such fast recovery can give a bullish break above that level

NZDCAD SELL 📉

Entry: 0.80679

Stop Loss: 0.80863

Take Profit: 0.80123

That gives roughly 55.6 pips potential reward vs. 18.4 pips risk, or about 1:3 R:R.

The idea remains bearish while price respects the 1H supply. The weak low around 0.80123 is the main liquidity target.

Just watch the reaction and take conservative entry, that means drop down to lower timeframe for more bearish confirmation instead of been aggressive

GBPCAD has more potential to the downside next week.

GU-Price didn't break free, but respected the zone and bought as I expected.

That might be true

But I'm sticking to the bearish narrative until proven otherwise

It's okay but do not put your limit yet just wait for the reaction,when the probability increases then you can take it

Price took me out on that sell

The sells you projected in the morning that zone I circled red? Was it spread? Because the high was protected

It wasn't spread. I took the trade

So how did you get stopped out?

NZDCHF SETUP 📉

The 1H structure remains bearish, but price is currently delivering a strong retracement from the weak low.

I'm not chasing the bullish move.

My interest is higher around 0.47605, where I'll be looking for sellers to potentially regain control and continue toward the weak low.

NZDCHF has rallied aggressively from the lows, but a strong retracement doesn't automatically mean a bullish reversal.

The broader structure is still showing bearish characteristics.

I'm allowing price to retrace into my POI before looking for another move lower.

Patience over prediction.

NZDCHF SELL PLAN 📊

Entry: 0.47605

SL: 0.47710

TP: 0.47085

My preferred scenario is for price to complete this retracement into supply before bearish continuation.

No need to sell prematurely.

The weak low around 0.47085 remains an important liquidity objective on NZDCHF.

Price has moved away from it aggressively, but unless the bearish structure changes, I'm still interested in seeing whether price eventually returns to attack that liquidity.

First, I want the retracement into premium.