Hello,Friends! We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.533 level. ✅LIKE AND COMMENT MY IDEAS✅
✅NZD_CHF surged again to retest the resistance of 0.5383 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
FX:NZDCHF LONG position can be taken in the specified area There is no position before the area
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527...
Hello,Traders! NZD-CHF keeps growing And the pair is locally overbought So I think that after the price Hits the horizontal resistance Level of 0.5341 we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
NZD-CHF broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up !
FX:NZDCHF A short position can be taken on the specified levels There is no position before reaching the surface
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
NZDCHF was trading in descending parallel channel. The price was reacting well the support and resistance of channel. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target...
Hello,Friends! NZD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.526 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
My dear friends, Please, find my technical outlook for NZDCHF below: The price is coiling around a solid key level - 0.5255 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.5279 About Used Indicators: The pivot point itself is...
With H4 and Daily trend There is a pattern on M30 There is a double top with a divergence Stop loss is above 0.53 The target is 0.5245 Quick trade as risk to reward is not that much
A short position can be taken on the specified levels There is no position before reaching the surface
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level. If the sell momentum continues the next target could be 0.5240 What you guys think of this idea?
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCHF is trading within a falling channel on a daily. The price reached its support on Friday. As a confirmation of the strength of a trend line, the pair formed a tiny double bottom pattern on a 4H time frame and broke its neckline. We can expect a pullback now. Target - 0.53 ❤️Please, support my work with like, thank you!❤️