Plan : trendline or resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
wait for price to bounce off the demand zones before buying and apply good risk management.
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.
#Analisa NZDCHF Naik Selengkapnya bisa dilihat pada chart Jangan lupa untuk share ke rekan traders yang lain untuk saling berbagi analisa dan pandangan terhadap pasar. Tradevelling Trading jalan, kita jalan jalan Disclaimer tanggung jawab di serahkan kepada masing masing individu _____________________________________________________________________
Following on from my previous analysis, I predicted a short to long trend, going from 0.58060 - 0.65680, the pair went short but broke through 0.58060 and ended at 0.55161, this changes my predicted long exit position to around 0.68643 - 0.7000
Descending triangle .. price might move like this .. will keep an eye on this pair to look for opportunities on lower timeframe
Watch this BearFlag for sell trade setups. ThankYou
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NZDCHF is in downtrend based below SMA 100 on H1 frame Price is based below HVN at level 0.6026 which indicates that pair is in distribution phase Pair broke key level at 0.5847 MACD shows bearish momentum RSI is below level 50 It's expected for selling to target 61.8% Fibonacci level of preceding bullish wave at level 0.5693
NZDCHF expected to rise up to 1st resistance at 0.58937 where it could potentially react off and drop down to 1st support at 0.58167. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
The price reached a minimum historic level, 886 of the main trend and near the zone of his own harmonic AB=CD correction creating a PRZ zone. RSI indicator it's very oversold but without divergence, currency strength index is NZD near the zone of oversold and CHF near the zone of overbought. The main trend is bearish so just wait a correction 1414cd stop loss, 618cd tp
A break of the daily fibonacci and re-test provides a buy signal through to the next resistance. I'm a little later than hoped expecting the support to hold against my stop loss
in the name of ALLAH who is most merciful and the master...
in the name of ALLAH who is most merciful and the master...
NZDCHF end 2 AB=CD and can go up easy from here if will fall more strong support at BUY 2 at the big AB=CD+TrendLine SWAPS are for Long Positions so you make money also on the Swaps
Plan : trendline breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment...