after institutions huge longing of nzd its time to take profits and nzd may get weaken which gives an opportunity to short nzdchf as chf is getting stronger and nzd getting weaken the probability of this setup is high and hope you guys love it.
NZD started falling in front of CHF. Our first target is 0.6230 and the second one is 0.6123. The market will continue to fall until it reaches the trendline for the third time.
watch out for a push to the down side as we expect strong CHF
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6367). 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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6367). 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...
NZDCHF on the 4h chart after bouncing over the weekly support has created a nice impulse inside a minor ascending channel . The market after breaking above the 4 resistance now turn support couldn't create new highs. IF the price will break and close below the structure and consequently break the channel, we will set a nice short order according to Plancton's...
NZDCHF is showing further bearish potential. It’s moving to a somewhat solid point of support from which we may see price pullback to the marked region. We may see price move bullish retest and then further move bearish.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Traders, Here is the Top-Down Analysis of NZDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 49 - Dec 02 M > Market is respecting downward resistance trend-line, price is approaching to test the trend-line. From there we can expect a rejection to the downside. W > We can see two W patterns and their neck will be Short targets....
Hello everyone, if you like the idea, do not forget to support with a like and follow. Here is the top-down analysis for NZDCHF, feel free to request any pair/instrument or ask any questions in the comment section below. Best of luck!
This pair is looking bearish, hoping to jump in on the continuation soon 👍
hello team, weak NZD for London session. going short would be advised
IF THE PRICE BREAK THE STRUCTURE I WILL BE LOOKING FOR A NICE SHORT