Hi trades, Keep your eyes on lower time frame for price action and wait for your sell setup.
Hi there. Price is losing its up momentum. Watch strong price action at the current price for sell.
ENTRY: 0.63050+- TP1: 0.62800 TP2: 0.62600 SL: 0.63400 Chart time frame - 1h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 0.63350 TP1: 0.63050 TP2: 0.62800 SL: 0.63750 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
ENTRY: 0.63150 TP1: 0.62850 TP2: 0.62650 SL: 0.63450 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
Good bulish candle formed on day chart - expecting continuation - trend line good - technicaly good - ENTRY: 0.63100+- TP1: 0.63400 TP2: 0.63700 TP3: 0.64000 SL: 0.62600 Chart time frame - DAY Time for reaching TP - 1 - 4 days Follow, Like, Share or Comment Thanks on supporting! All best!
Pattern: Channel Up on 1D. Signal: Bullish due to an identical RSI occurrence. Target: 0.6400 (1D Resistance).
There are 3 roadmaps here for ideas. Take note of a possible LARGER ABCD move inside a smaller ABCD move. You can clearly identify the possible pattern formations that could play out via harmonics. Price must break the purple solid line to exit the range and become bullish on DAILY. I see this double bottom as a FALSE PATTERN if it does not break the horizontal...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6302). 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 above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6302). 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 above the 21-Day WEMA which acts as a dynamic support....
My opinion after analysis expecting here from Monday bulish market. CHF is start losing power on Friday, NZD keeping self higher. In consolidation, price saturated, RBA Interest Rate Cut Tuesday expecting push in NZD power higher ENTRY: 0.62350 TP: 0.62700 SL: 0.61930 If be chance i will upd TP2. Chart time frame - 1D Time for reaching TP - 8 - 72...
Resistance zone near the Price. Price action short bias confirmation. TP around 0.625.
4H CHART EXPLANATION: We observe that price is on a consolidation after bouncing at the Resistance Zone. We know that near the breakout is the Support Zone at 0.61900, so, we will wait for a breakout of the Structure and also of the Support Zone to take a safer trade. The target of the downside movemente is the Daily Support Zone at 0.60700. DAILY CHART:
The pair is trading on a major 1W Channel Down (RSI = 35.456, MACD = -0.012, Highs/Lows = -0.0100) that is approaching the Lower Low trend line following a rejection on the 1D MA50 on the median of the Channel. This has 0.60800 as the immediate target. There are two scenarios that arise both bearish on the long term. Either a break below the major Channel Down...
After analysis i can say we will see more bearish market. NZD is start losing power, CHF the strongest currency ENTRY: 0.62200+- TP1: 0.61900 SL: 0.62600 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
CHF is today gain power on opening of markets from oil event (plant atack), we can expect much more bigger down trend. NZD is the weakest currency. TP1: 0.62600 ENTRY: 0.62900+- SL: 0.63460 Chart time frame - 1D Time for reaching TP - 8 - 72 hours More information soon! Follow, Like, Share or Comment Thanks on supporting! All best!
With the pullback of the pair on the daily time frame, attention should be paid to support zone below Fib 61.8% level for possible reversal...
PAIR IN FOCUS: NZDCHF ACTION: LONG The overall idea is a counter-trend trade - looking to enter a long position and TP at the trend line which has been broken previously. Price has broken up of a falling wedge, but still in part of a retracement of a larger bearish wave. Price has tested the 38.2 Fibonacci retracement level and slightly rejected it. The Entry...