NZDCHF Price Has Bullish Harmonic Pattern please like and comment
May take a while to set up but the overall bias is short, waiting for the corrective wave to finish and then waiting for a big short to the downside. Two possible entry points, dont be surprised if its the 2nd one to catch people on the wrong side of the market
Please support this idea with LIKE if you find it useful. Initiate Long. Entry - 0.64334 TP1 - 0.65378 TP2 - 0.65728 TP3 - 0.65933 SL - 0.64095 Reason: Price was supported by Ichi Cloud. Also we see a retracement from strong horizontal support, Ascending Channel's support and S2. Thank you for reading this idea! Hope it's been useful to you and some of us...
ENTRY: 0.63900+- TP: 0.63600 TP2: 0.63400 SL: 0.64130 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
we have nice bulish impulse wave and retracement of 61.8 Fibo lewel, now we see bulish price action signal for buy
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
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.
NZDCHF (1H) - short term bullish bias The Swiss franc is showing weakness across the board on Wednesday. After a rally above the psychological level of 0.6400, the New Zealand dollar has been consolidating in a 50-pip range between 0.6370 and 0.6420. Buyers have been looking for an opportunity to push the price back up ever since the RSI showed an over-extension...
Even though I would agree we are still in an overall bearish trend. Price has begun to stall at a support level, which previously acted as resistance on the Daily chart. This level also coincides with the 0.5 FIB level. Target placed below previous high to take into account the overall bearish momentum. Let me know what you think!
OANDA:NZDCHF We have little to analyze here! If it breakup we have to find a resistance that is tested twice, while if it breakdown we have to overcome the support. Now, as we often do, we set alerts and wait for the signal. Even if it warns us, we must always consider that all the conditions foreseen by our strategy are in place to enter, otherwise we monitor anyway.
W1 - Price is holding below the downtrend line, bearish hidden divergence. D1 - Bearish convergence, price broke below the most recent uptrend line. H4 - Bearish trend pattern, looks like the pullback that we were looking for happened, bearish hidden divergence. We may now start looking for more bearish setups with more bearish evidences in order to join the bears.
nzdchf broke the major uptrend line retested it price rejected by strong supply zone around 0.64200 price trading in short term downtrend line price below SMA 100 MACD ,RSI negative divergence price formed AB=CD pattern its expect bearish movement to demand zone around 0.62800
continuation pattern forming, looking to break out of the resisting trendline
If you believe in "Phase one" and looking to buy NZD in my opinion you should consider to buy it against CHF. TP1 0.6530 area, target 0.6650. Start watching closely with the move below Sep 2018 lows around 0.6300. I'm trying to sell CHF for a while(linked ideas). Share you thoughts in comments below
NZDCHF has reached a very important demand zone. we have a perfect confluence of 382 retracement / horizontal support / trendline. I am watching a bear flag formation and will wait for a bullish breakout of it to buy the market. target levels will be 0.650 0.655 for trend followers and swing traders, the targets can be extended to 0.66 / 0.67 levels
Price is showing the potential to re-test the marked level before advancing lower to our marked take profit levels.