{"id":12143,"date":"2022-06-17T17:47:18","date_gmt":"2022-06-17T17:47:18","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12143"},"modified":"2023-05-10T17:49:38","modified_gmt":"2023-05-10T17:49:38","slug":"nzdcad-buy-upon-a-pull-back-target-the-1d-ma200","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/06\/17\/nzdcad-buy-upon-a-pull-back-target-the-1d-ma200\/","title":{"rendered":"NZDCAD Buy upon a pull-back, target the 1D MA200"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The NZDCAD pair has been trading on a Channel Down within a Bearish Megaphone pattern. Right now the price is testing the 1D MA50 (blue trend-line) as a Resistance and is struggling, trading below it since April 13.<\/p>\n<p>Both the 1D RSI and the candle action resembles the sequence at the start of the Megaphone, which after one last pull-back upon rejection on the 1D MA50, it rebounded to the Lower Highs. As a result, we will be waiting for one last opportunity to buy near the bottom of the Channel and target its top or the 1D MA200 (orange trend-line) should it come first.<\/p>\n<p>&nbsp;<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/NZDCAD\/v3WUW5NX-NZDCAD-Buy-upon-a-pull-back-target-the-1D-MA200\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/NZDCAD\/v3WUW5NX-NZDCAD-Buy-upon-a-pull-back-target-the-1D-MA200<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The NZDCAD pair has been trading on a Channel Down within a Bearish Megaphone pattern. Right now the price is testing the 1D MA50 (blue trend-line) as a Resistance and is struggling, trading below it since April 13. Both the 1D RSI and the candle action resembles the sequence at the start of the<\/p>\n","protected":false},"author":611,"featured_media":12144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12143","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12143"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12143\/revisions"}],"predecessor-version":[{"id":12146,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12143\/revisions\/12146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12144"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}