Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here on your Service, Also hit thumbs up 👍 and support the work NZDJPY Showing a bear leg breakout on H1 time frame and would be a nice opportunity for short term target. Sketch up your own trade setup and make sure you meet with the required...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 dynamic...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 dynamic...
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.
We are at the end of “Wave B“ as per Elliott Wave Principle, we are expecting the price to start to move downward with the " Wave C". Stop Loss: 0.6305 Entry Point: 0.6245 Target Profit: 0.5990 Do not hesitate any question for clarification. Good Luck!
price is showing weakness at a key level of resistance, indicating it wants to reverse back down at this area. simple. Quality > Quantity
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.
We’ve got two pretty tight potential support/resistance lines looking back at past reaction points. I’m inclined to think it might want to break up to the higher line before falling to hopefully retest the untested line as marked on the chart. We also have slightly overbought conditions. It could become more overbought.
NZDCHF rebounded from daily supply zone at level 0.6190 Price rejected from upper edge of rising wedge pattern MACD shows weakness in bullish momentum RSI reached overbought region It's expected for coming correction to target key level at 0.5970 which corresponds to lower edge of rising wedge
NZDCHF SAW STRONG SELL PRESSURE ON THE MONTHLY LOWER ZONE AN IMPULSIVE MOVE BY TH PRICE WE SAW A PUSH TO THE DOWNSIDE ON THE 4H TIMEFRAME NOW WE WAIT FOR EXHAUSTION ON THE 1H (RETEST OF THE SELL PRESSURE) AND RE INJECTION OF SELL PRESSURE THIS TRADE WILL BECOME INVALID IF PRICE BREAKS MONTHLY ZONE TO THE UPSIDE
Evening, Today’s analysis, NZDCHF respecting the 2.618 Fibonacci Extension with the next projected trade location at structural resistance Points to consider, - Oversold bounce recovery - Structural resistance retest - 21 MA breached - RSI swing low failure NZDCHF’s oversold bounce recovery is projecting structural resistance to be tested. A bearish...
Just like the other NZDXXX pairs. 2 3% wins and 1 1% loss. Simple. Follow the chart the signals and trades automatically appear on your chart, be the right side of the market moves. Less analysis (not needed) Less emotion, trade what you see. Regards Darren
From the monthly and weekly perspective, price is approaching to the major resistance level before it goes down, a further downside is expected, since monthly perspective shows to us a clear bearish impulse followed by a correction, and next impulse to the downside is coming soon. From the COT perspective, hedge funds are bearish bias on NZD and bullish bias on...