NZD-CHF
NZDCHF cutting for short 🦐The market after an upper move inside a channel has recently move to the downside.
After a double top, price has move out of the channel cutting the EMA 21 and now testing the first resistance structure.
If the market will break and close below the structure we can look for a short position according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.618). 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 dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.6125
TP2= @ 0.6070
TP3= @ 0.6040
TP4= @ 0.5970
TP5= @ 0.5910
SL: Break Above R2
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Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.618). 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 dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.6125
TP2= @ 0.6070
TP3= @ 0.6040
TP4= @ 0.5970
TP5= @ 0.5910
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDCHF - SWING - 20. JULY. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bearish break towards previous support zone.
4 HOUR
Prices look like they´ll follow main bullish trend.
DAILY
Good long entries, expecting a push to previous highs!
-
FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.61510
SL @ 0.61210
TP @ 0.62020
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
30min opportunity on NZDCHF by ThinkingAntsOkMain items we can see on the chart:
a) The price is on an ascending channel just on the edge of it
b) We saw the breakout of the corrective Structure
c) Currently, we can see a throwback after the breakout (the trading opportunity)
d) On the 30min chart, we can focus on the throwback (defining the correction and trading above it)
e) Target will be 0.62950
What we are waiting on NZDCHF by ThinkingAntsOkMain items we can see on the chart:
a) The price is inside an ascending trendline
b) Currently, we can see a corrective Structure (yellow line)
c) What we are waiting is a bullish breakout of the correction
d) If that happens we will wait for a corrective structure on a lower timeframe like 1H or 30M
e) The target we will be aiming is 0.62900
NZDCHF - SWING - 30. JUNE. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Sideways moving market structure.
4 HOUR
At range low, expecting another push to the upside.
DAILY
Overall turning bullish now, good long entries!
-
FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.61050
SL @ 0.60720
TP @ 0.61520
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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 dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6070
TP2= @ 0.6040
TP3= @ 0.6005
TP4= @ 0.5965
TP5= @ 0.5935
SL: Break Above R3
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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 dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6070
TP2= @ 0.6040
TP3= @ 0.6005
TP4= @ 0.5965
TP5= @ 0.5935
SL: Break Above R3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDCHF ANALYSISNZDCHF rebounded from major uptrendline with bullish movement
Pair is based above demand zone at level 0.6040
Price broke corrective downtrendline
MACD shows start of bullish momentum
RSI rebounded from oversold region
It's expected for the continuation of bullish momentum to first target key level at 0.6170
then finally target supply zone at level 0.6300
NZD/CHF Rejects 0.63 handle, turns lower. The NZD/CHF rejected the 0.63 handle and turned lower. As of this writing, the NZD lost the 0.62 handle and is in the process of losing the 0.61 handle.
I'm looking for a minimum test of the 0.60 handle, where you can see clear resistance before price finally managed to close above. This serves as my first profit target on a short position.
If we get below the 0.6 handle convincingly, I'd be interested in layering on another short on a retest.