NZD - BEARISH 1️⃣ Investors assessed a deteriorating coronavirus situation in many large economies around the world. CHF - BULLISH 1️⃣ The risk-off tone boosted the safe-haven currencies such as CHF. ===== Technical ===== We are looking to sell NZDCHF at the SBR on H1 chart.
Hello Traders, here is the full analysis for this pair, let me know your opinion in the comment section below
I wanted to share my research for today in a pattern I have begun to notice regarding the BBK Squeezes. Often times a "squeeze within a squeeze" is a great precursor to a breakout move. This really just goes back to the classic chart patterns of wedges and flags which many people use to great success. By coding it up though it lets me do two very important...
Hello Traders, here is the full analysis for this pair, let me know your opinion in the comment section below
We have a nice clean break here. As long as the candle can close above we can expect a continuation 0.64500
NZDCHF on the bigger picture is moving inside an ascending channel below a weekly resistance. The price attempt to break below and created a false breakout before moving back inside the channel. ON the 4h chart the price is currently testing a daily resistance at 0.61100. IF the market will break and close above, at the retest of it we will set a nice long order...
Welcome Back. Please support this idea with LIKE if you find it useful. *** It is possible that it will return to the support of the channel for testing, in case the support is not broken, it will return to the upside again. *** 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...
Eventually price is going to breakout of this ascending flag pattern because price cannot sustain this type of uptrend over an extended period of time. Set alerts and monitor on a lower time frame for a breakout and retest before looking for a bearish entry. Happy trading!
NZDCHF is currently in a good short-term uptrend, with the price that is just breaking another area of resistance, setting a new 12-day high. If we have a closer look at the price action, we can see that the setup of the moving averages is slowly turning bullish and the price is also breaking last moving average, the long term one. There is still a possible...
NZDCHF is testing the pennant resistance. RSI printed a bearish divergence signal on 4H timeframe. Bearish pin bar ( shooting star ) formed on daily timeframe. The market is printing a rising wedge pattern. Sell entry - price breakdown below wedge support + previous swing low ⬇️.
waiting for a break below the wedge for a short position
Trading Signal: There is a Trading Signal to Sell in NZDCHF Currency Pair. Traders can open their Sell Trades NOW If you liked our ideas, please support us with your likes 👍 and comments.