Pair has broken out of a rising wedge pattern and now has come back to re-test its last strong level of resistance. As long as this level holds, we should see it continue its way back down. Target is about 100pips. Stop-loss is a must!
Here is a trade i took on NZDCHF, not my usual pair however the RRR was too tempting. Reasons for this trade was simple. The pair was trending downwards, and it pulled back into a nice fib zone that i have a method of placing. Also into a HTF supply Zone. I waited for confirmation and executed the trade which is now running in nice profit. I do believe we will see...
Price is making perfect Lower Lows and Lower Highs, Price is currently in its pullback phase and enough bears have now shown up to take a short position.
- The trade can be a slow burner, but it has the potential to continue a bullish move since it's trending towards the upside on most higher time frames. - We are seeing a 4-hour bullish engulfing candle formation in process, suggesting bull power in the market as well as a recent MA crossover. - If resistance will be broken, we could potentially see a push >...
#NZDJPY Market has broken out of descending channel at the level of previous support now acting as resistance. Also the market has retested . So i am looking for a sell move in 4-H timeframe.
- NZD FEATURE The NZD FEATURE currently stands at 0.6351 LEVEL. The JPY FEATURE was heavily DOWN before. But is now up. The JPY FEATURE is a bit UP with the RISK OFF of the previous days. Stay tuned for the VIX INDEX. Currently VIX is getting somewhat DOWN. NZDJPY Price is ready to go down below DYNAMIC LEVELS. - Currently the OVERALL MARKET is showing a...
NZDCAD Cup & Handle pattern.... Brewing nicely! I took long earlier this week, let's see how well this goes.. Disclaimer: Not Investment Advice TJ
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. NZDCHF is overall bearish trading inside the blue channel and now it is approaching the upper trendline acting as a non-horizontal resistance so we will be looking for sell setups on lower timeframes. on M30: NZDCHF formed a valid channel in red but it is not ready to go...
G'Day Traders and Analysts, Breakdown: 1. Note 2. Contents 3. Research breakdown 4. Education recap 5. Information on Lupa. A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged neutral, until the opportunity for a close reaches the profit taking zone. This will be activated as long, where an imbalance is formed...
FX:NZDCHF Hi everyone This is an analysis and not a signal. Please use a great signal to enter the transaction. Good luck IRFOFC
NZDJPY has been trading under falling resistance (white line). The price made a swing low of 79.500 where bulls made entry and push the price higher. Currently, the pair is trading at important level of fib 38% where both horizontal resistance and falling resistance meet. For Bulls, the price is already trading above 100 EMA. We just need closing above fib...
GN is showing bullish strength, Currently broke out of symmetrical triangle on 15m tf and at a important 4hr tf resistance. its also respecting 21 ema. I don't see divergence on any tf so trend may be true.
NZDCHF SELL to BUY Move. The previous high was taken out forming an impulse move, waiting for a retracement to the lower curve of the Demand to buy. #myview #supplyanddemand
D1 - Price is bouncing higher from a strong support zone. Bullish hidden divergence followed by continuing divergence. Expecting the price to move higher further. H1 - Bullish trend pattern. Higher highs. Until the two strong support zones hold my view remains bullish here.
NZD FUNDAMENTAL BIAS: BULLISH 1. Monetary Policy At their April meeting the RBNZ surprise economists but not STIR markets by delivering a 50bsp hike, taking the OCR to 1.50%. The bank stressed, like most others, that inflation is a concern and that they will ensure that higher price pressures don’t become embedded in longer-term inflation expectations. The...
Taken a Short on NZDJPY from this level seems logical and very likely to play out