Trend lines and Chart pattern combo trading strategy. the white trend lines has been tested two times on both side trade on third attempt or breakout with primary trend being bullish
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Bullish break and closure above main sr level. 4 HOUR Small pullback towards our support zone with great long entries! DAILY Expecting prices to push again towards previous highs. - FOREX SWING BUY NZDCHF ENTRY LEVEL @ 0.60510 SL @ 0.60190 TP @ 0.60960 Max Risk. 0.5% - 1%! (Remember to add a few pips to...
NZDCHF on the daily chart hit the descending trendline and now and got rejected. The market is moving in a lower low lower high move. If the price will break below the 0.60500 and consequently break the minor channel and the support we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure ->...
NZDCHF is in downtrend Pair broke lower edge of up-channel pattern with strong bearish movement Price is based below resistance level at 0.6074 Below HVN at level 0.6100 Below SMA 100 MACD shows bearish momentum It's expected forming bearish Elliot wave (5) to target level 0.5850
NZDCHF on the daily chart is testing the bottom of a channel trendline and a daily support. The market couldn't create new highs and with the last two 4h candles we have seen a clear false breakout. IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣...
NzdChf appears to have formed a defending triangle formation,, Preference is to take up a short position, but only once price has broken out of the support and retested
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Bearish break and closure below main sr level. 4 HOUR Looks like prices might turn bearish now.. DAILY Good short entries to follow midterm trend. - FOREX SWING SELL NZDHCF ENTRY LEVEL @ 0.60900 SL @ 0.61130 TP @ 0.60570 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
Price has been in a downtrend since before covid. Rejected monthly support on a higher timeframe. Below 50 & 200 ema. Rejecting golden fib zone which could also end up being wave E(after wave E a breakout normally occurs). -61.8% target also matches with W formation that hasn't been tested. Like and LMK your thoughts :-)
NZDCHF, for now, is unstoppable. the pair keeps falling without pullbacks breaking key daily levels. the next safe buy zone will be 0.5964 - 0.5934. this area is based on a horizontal daily structure, 618 retracement of the major bullish leg, and completion point of a harmonic bullish bat pattern. from that zone I will expect a pullback at least to 0.6024...
NZDCHF on the weekly chart is moving inside a huge descending channel. The price on the daily chart couldn't break the weekly resistance around 0.62 level. Recently the market created a double top and broke below the daily support at 0.60500. If the price will retest the daily structure and turn back into a bearsih outlook on the higher timeframe, we will set a...
NZDCHF started to rise and the price may reach the target area
NZDCHF on the 4h chart retraced back till the 0.618 fib level of the previous bearish move. The market created a bear flag inside a minor channel. IF the price will break and close below the support structure and consequently break the channel, we can set a nice short order according to Plancton's strategy. ------ Follow the Shrimp 🦐 Here is the Plancton0618...
NZD_CHF IS HAS BROKEN OUT OF THE DOWNWARD WEDGE AND IS BULLISH CHARGED| (1) LONG now at pullback, after the first breakout (2) Reaching T1 would mean a second confirmatory breakout>>> double the position (3)T2+T3=realistic targets (4) IF flops and goes down to the horizontal support>>>small retracement long from there...
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Bullish market open and pressure. 4 HOUR Price closed above main sr level, good long entries! DAILY Overall bullish market in a downside movement, good reverse entry.. - FOREX SWING BUY NZDCHF ENTRY LEVEL @ 0.60780 SL @ 0.60450 TP @ 0.61360 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
NZDCHF on the daily chart hit the discending trendline and started a retracement move. Market is currently testing the 4h structure. IF the price will break below the support area we can set a nice short ordr according with Plancton's strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question....