NZDCHF is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1...
Please manage your risk. Use Stop loss. And do not take blind entries. If you have question let me know. If you want to analyze any pair let me know. This is just an idea. what we see. Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Very bearish price action this week. 4 HOUR Price closed below main sr level, expecting another push to the downside. DAILY Overall very bullish market turned now! - FOREX SWING SELL NZDCHF ENTRY LEVEL @ 0.61570 SL @ 0.62760 TP @ 0.59840 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 above the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 above the 21-Day WEMA which acts as a dynamic...
NZDCHF rebounded from daily supply zone at level 0.6190 Price rejected from upper edge of rising wedge pattern MACD shows weakness in bullish momentum RSI reached overbought region It's expected for coming correction to target key level at 0.5970 which corresponds to lower edge of rising wedge
NZDCHF SAW STRONG SELL PRESSURE ON THE MONTHLY LOWER ZONE AN IMPULSIVE MOVE BY TH PRICE WE SAW A PUSH TO THE DOWNSIDE ON THE 4H TIMEFRAME NOW WE WAIT FOR EXHAUSTION ON THE 1H (RETEST OF THE SELL PRESSURE) AND RE INJECTION OF SELL PRESSURE THIS TRADE WILL BECOME INVALID IF PRICE BREAKS MONTHLY ZONE TO THE UPSIDE
Hello👋, here is my analysis for NZDCHF. Let me know in the comments if you guys have any questions. If you like my analysis please hit like. Thanks.
possibility to go short on NZDCHF. As you can see, we have got a breakout and a pullback. let me know your thoughts!!!
TF: 4 HR Looks like price is heading hard to the trend line currently. I'm looking for a nice move down is price breaks the trend line and continues down with confirmation.
We saw prices break the previous resistance at 0.59124, now expected to become a new support level. Buy at the new support level and prices will continue to new resistance at 0.60350. Like if you agree.
1. NZDCHF is currently held resisted at the 0.59675 level. This level is very significant as it marks a huge supply origin on April 30th and serves as an inflection point supported on April 29th. 2. We're currently seeing this level hold up. You'll notice that we're not seeing large bullish candles, but rather alternating red and green bars. On a lower time...
There is potential for a long position here when you consider the 200EMA and the market baseline. Please wait for tdi to cross back long, may think about throwing in a stochastic over the top just to get a sense of if it is a pull back.