-Waiting for a little pull back on NZDCHF pair.
-After pull back it will be great time for shorting
-SL 0.59300
-TP1 0.57500
-TP2 0.57000
-TP3 0.56900
STAY CONSISTENT, TRADE YOUR ANALYSIS!
NZDCHF Pair has been rejected from the Support Levels, this time it will go to upwards until they meet the target which is 0.618 Fibonacci Level.
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Hello Bunny's, here is my analysis for NZDCHF. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
HI
Depending on the pattern of the head and shoulders, you can wait for a small one to enter the deal after the failure.
And the rsi indicator also shows a divergence that is promising for a downward trend.
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The Zone is broked!
And the price shows us pullback, that's why we can look for the long trade.
Potential profit will be 3 times bigger than the risk.
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NZDCHF Potential Bullish Movement
we are waiting for a momentum candle close above 0.5820 to buy this one
Reason:
1- Objective Trendline (in orange)
2- Objective Ascending Triangle (in blue)
3- Support Round Number from Daily (in purple)
Three confluences are enough to consider Buying NZDCHF, after a break below 0.5820 (in gray)
** unless price breaks below...
Hello Bunny's, here is my analysis for NZDCHF. Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
Similar to AudChf, NzdChf encounters strong resistance at 0.58. The pair is consolidating now in a tight range and a break of support looks imminent. I'm looking to sell this pair with a target of 0.55 and a good R:R ratio of 1:2,5
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