Trading suggestion: ". There is still a possibility of temporary retracement to suggested resistance line (0.635). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Possible buy. Watch for a double bottom or inverse head and shoulders for extra confirmation. Pattern likes to reach the 78-88% fib zone and sometimes the 100% or slight past that. Pattern is in an ABC correction and currently in wave C.
We expect a huge drop to happen and hit the 0.62300 area of support🙌🏻
Hello Traders ! 😎 Who doesn't love a SWING TRADE ? 🥰 So here we have a nice downtrend on the DAILY CHART. The pair has been respecting the trend nicely, and we are expecting a drop of 470 PIPs during the next weeks. Feel free to use this trade. DON'T FORGET TO GIVE US A FOLLOW SO YOU GET NOTIFIED EVERYTIME WE POST. ZIONTRADES TEAM 🦁
Hello, Traders! Pretty good looking setup on NC. Price is continuing to form next HH and HL. I see a nice break of the most recent high and expect a continuation to the upside. First target 1:1 Second Target 0.64 Final Target 0.645 Cheers! DovyFX
NZDCHF - Harmonic 8 EMA confirmation. Divergence! SellStop: 0.63315 StopLoss: 0.63491 TakeProfit_1: 0.63019 TakeProfit_2: 0.62755 TakeProfit_3: 0.62570
NZDCHF sell signal was valid earlier. Now we have seen price pull back to entry price, you can take another look. Entry 0.62809 SL 0.63029 (22 PIPS) TP1 0.6256 TP2 0.62311 TP3 0.61813 Regards Darren
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Very bearish price movement! 4 HOUR Pressure and closure below main sr level. DAILY Overall bearish market after a pullback, good short entries. - FOREX SWING SELL NZDCHF ENTRY LEVEL @ 0.62810 SL @ 0.63090 TP @ 0.62430 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
NZDCHF broke major uptrendline with strong bearish movement Pair is based below key level at 0.6315 Price rejected from 50% Fibonacci level at 0.6310 and SMA 100 MACD shows weakness in bullish momentum It's expected to target level 0.6200
NZD/CHF had a big push down after that it started having an consolidation faze and them some market manipulation to grab some profits from retail traders. I think it is the end of it and if we can get a nice bullish candle to close above the blue level it will be a nice indication that price will continue pushing higher. Cheers
Hey traders, This week I am currently looking at a potential sell on NZDCHF , as you can see from my chart, we are looking at a Head and Shoulders pattern. Before I do enter a sell position, I will be looking for a break of support which I have marked with a white horizontal line. You may be wish to enter when the 4 hour candle has closed below support or you can...
Possible Head and Shoulders on NZD/CHF! Lets keep watching this pair and see what happens! DovyFX
taking the pair long after the pull back to the neckline
Fundamentals are in line for a long position on this pair. The state of the market on the 1H was a range but the price broke to the up side. The price broke the highest price of todays asia session with almost 80%. The pullback from this breach is +/- 50%, we would like to see the pullback go to 61.8% or lower but we can work with this. On the 3m chart there's a...
here is an area were we would like to see the market take a dive to our highlighted area below
After some strong movement to the upside NZD got exhausted and we saw a pullback. If this trade confirms it might be an end of it. With a nice 1:3 RR Not the cleanest trade so make your risk lower than usual. DovyFX