NZDCHF W4 MAY 2020 Short Setup Daily forming a rising flag pattern. H4 forming a ABCDE correction. Now E wave is in play. A break of this bullish flag, confirms only the ABC pattern. Buy setup will be analysed if this occurs
1. Price forming ascending flag pattern and approaching the resistance trendline. 2. Expect price movement either hit the resistance trendline and pullback, or breakout the ascending flag pattern and move south. 3. Notice there's RSI divergence formed, lesser buyer in the market and thus price will go down south soon.
Nchf trapped sells and made a small running flat in the process. NzdJpy already broke out, and I expect nchf to do the same. If you look at my NZDCAD markup you'll see I expect continued upside for NZD so whenever Nchf pulls back after the breakout, I expect it to just be a buying opportunity.
Hello👋, here is my analysis for NZDCHF. Let me know in the comments if you guys have any questions. If you like my analysis please hit like. Thanks.
Confirmaciones: Fibonnaci: Rechazo en el 61.8 / Rejection on 61.8 Ichimocku: Confirmado en 15 hasta diaria (6,13,26,13 configuracion) Moving Average: Rechazo en 15 min en todas las temporalidades MACD: cruzado en 15 min con alta divergencia Restesteo: confirmado en vela eletante y una vela martillo en H2 Estructura de mercado: En pleno canal bajista y roto el...
As our channel strategy,we will be looking for downmoce on the channel as it is broken inside together with the expectation of weakness in NZD pairs. Price seem like it has left the choppy area and ready to move down. A nice form of divergece is also there. NZD pairs are showing divergence on 4H charts.. NZD can show up some weakness this week! If you had some...
possibility to go short on NZDCHF. As you can see, we have got a breakout and a pullback. let me know your thoughts!!!
Short selling idea available in the video. Trade Safe - Trade Well Cheers!
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NZDCHF Sell expectation after rejection from going long.
After a head and shoulders breakout pattern, I think we are now seeing a inverse head and shoulders pattern starting to form with the left shoulder complete, now the head is forming. I want to see price reject the support and with minimal risk I will be looking for longs into 0.58450 level before looking for a continuation of the buy or a sell to form the right shoulder.
On my last analysis I missed an important trend line. Now we can see that if the price break it then we will have a good sell oportunity
This trade is attempting to catch the continuation to the downside as price has reached an important ascending trendline. Price had made a lower high on two occasions so we are anticipating the third. Due to the fact on the higher time frames (1W & 1M) this pair looks to be bullish I will be using a smaller stop loss than normal Always use 1-2% risk per trade...
We will analyze two timeframes on NZDCHF Let's start with the Daily one: a) The price made a Bear trap after breaking a massive support zone and then re-entering the zone b) Currently, the price is above the support zone and is above two channels also providing support c) Now we can see the price finding resistance on a descending trendline d) If the...