PRICE AT AN IMPORTANT ZONE ACTED AS SELLING AND BUYING ZONE BEFORE, NOW PRICE HAS SHOWN WEAKNESS IN MOMENTUM. I AM EXPECTING THE PRICE TO GO DOWN.
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** If the third resistance is formed and to break it, this may be a breakable channel down. *** 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...
There is currently a large bull flag forming in NZDCHF. It is also in the top of a rising wedge right now, so we should be seeing a correction down to our bottom trend line in our channel. We should hold the support and then try and break out of bull flag. we should get rejected right now but a breakout is possible now as well but i believe we will have one more leg down.
Price is currently making lower highs and lower lows on the 8H time frame. IF...and I mean IF price respects this trend line and does not break through it, there could be a short sell back to the green support zone before a possible buy. Drop to a lower time frame in order to see if price will form a reversal pattern before the possible sell and then the buy....
We didnt get our last push down , however its still valid to enter now ! Buy NZDCHF @ 0,60930 Stoploss 0.60543 Take Profit 0.62800
Price is currently consolidating in a descending channel. A break of structure will confirm the bullish bias.
NZD_CHF IS HAS BROKEN OUT OF THE DOWNWARD WEDGE AND IS BULLISH CHARGED| (1) LONG now at pullback, after the first breakout (2) Reaching T1 would mean a second confirmatory breakout>>> double the position (3)T2+T3=realistic targets (4) IF flops and goes down to the horizontal support>>>small retracement long from there...
Welcome to our weekly trade setup ( NZDCHF )! - 1 HOUR Bullish market open and pressure. 4 HOUR Price closed above main sr level, good long entries! DAILY Overall bullish market in a downside movement, good reverse entry.. - FOREX SWING BUY NZDCHF ENTRY LEVEL @ 0.60780 SL @ 0.60450 TP @ 0.61360 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** It may move towards the upside to the resistance if it does not break the resistance above, it may head towards the downside according to the scenario that was decreed. *** Here is the full analysis for this pair, let me know in the comment section below if you have any...
We have encountered a break of the falling wedge but more importantly, we are seeing signs of a structure shift on the 4-hour time frame. I will be waiting patiently for the price to pullback into the key zone marked and show signs of rejection before considering my long position. This looks like a fantastic setup to take advantage of today. COT Data - 49% Long
good morning, traders! NZDCHF finally broke above a resistance line of a falling wedge pattern. the price also formed a double bottom formation and went rejected on the second low confirming bearish weakness. now the expanding area between the current price level and a falling broken trend line serves as support. goals: 0.613 0.617
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach. The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
NZDCHF Entry1 Price 0.59947 Entry2 Price 0.60409 Target Price 0.61945 Parallel Channel
Broke out of a triangle pattern in a descending channel. Currently re-testing the price level again. A rejection will prove this trade valid.