Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6036). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
NZDCHF is trading on the edge of the key support area, while being pressed to the level, by the diagonal resistance. Thus, there are two tradable scenarios: 1-Breakout downwards, pullback>>short. SL above the support, TP on the chart. 2-Breakout of the diagonal resistance upwards, pullback>>long SL below the support, TP on the chart. Thank you for...
Main items we can see on the chart: a) The major structure is the white descending trendline b) Currently, we can see the price inside a macro corrective structure (yellow channel) That is a correction of the previous impulse c) However we can work inside that macro corrective structure, and we can see a minor corrective structure (purple channel) d) ...
NZD/CHF got a nice flag on weekly, plus it cut the trendline and bounced off the strong structure it has at an area of 60,600, so I think this pair should definitely go up.
Potential buy on NZDCHF, use appropriate risk management
NZDCHF MONTHLY OUTLOOK AUGUST 2020
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
#NZDCHF (Update) Ascending Channel Broke Downside 📉 Sell it, Expecting 80-110 PIPs Bearish Wave..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!! Thanks for Your Love & Support..!!
Pattern: Triangle on 1D. Signal: (A) Bullish if the Lower Highs trend-line breaks, (B) Bearish if the Higher Lows trend-line breaks. Target: (A) 0.6300 (the Resistance), (B) 0.6000 (the Symmetrical Support). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** Most recent NZDCHF signal:
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. ––––– Follow the Shrimp 🦐 Here is the...
Trading 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...
Trading 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...
I think for this pair there is no more space to go up, he entered at 4h in downtrend, so i think it's time to get to 0.60600 area, or maybe to a deeper retest 0.59600. plus as far as I can see from the reports, money is being pumped into the Chf.
Welcome 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 -...