Technical Analysis: - The pair has broken above 200-DMA at 0.6944 after breakout at major trendline resistance. - We see price action has broken out of daily cloud which is now strong support at 0.6927. - RSI strong above 60 levels and rising. - ADX above 25 levels and rising, +ve DMI dominance seen. - 200W SMA at 0.7015 is major resistance, break above will see...
The pair is currently in a Flag pattern, or for the Wave traders in a Zig-Zag correction. The pair is showing bullish signs: 1) Bullish Divergence on the 4H 2) Shooting star at the lower level of the channel on the 1H We don't know if the C leg of the Zig Zag correction is over therefore any profits you make it's wiser to lock them in as soon as possible. My...
In the 2018 trading year I will be looking for both of these pairs to fall short.
Have a look at NZDCHF. Earlier Shark entry actually hit TP1 and bounced back up to the entry levels again. Now we are in for a Type 2 entry. Also on the H1, you should be able to measure out a bearish Bat pattern to go short too. Next week is the Christmas week, I believe that the market will be slow. Let's track this one and see how it plays out next week, else...
NZD/CHF has been trading in a long-term channel down since mid-June. The pair’s latest test of its bottom boundary occurred five weeks ago. The Kiwi has since been constrained in a channel up, while the most junior channel was formed within this pattern. It is expected that the New Zealand Dollar continues its current movement towards the senior channel located...
Hello young wolves! This is NZDCHF Daily chart, Price has reached to bottom, and we are expecting move higher. This pair rejected key monthly level, broke out of the reversal pattern, and now we will be monitoring the lower TF. 4/1H for entryes. - Please use this analyse only to support yours trade with correct MM and Strategy!
price complete double top and break the trendline, i will wait price retest the structure on neckline to short or 61.8 level to use 2618 trade setup for another short. RSI also shown bearish divergent target on chart, stop above double top
Fundamental: CHF: Still an easing currency for now. However, SNB meeting today might change the current policy NZD: Easing currency with mostly weak data, and no new release scheduled for this week Technical: Price Action currently rejecting Fib 0.382 level, which is also the same as the weekly resistance level Note: Suggest to half your lot size due to SNB...
Watch for a break of the CTL for shorts, price reached the top of its daily downtrend line & made its "3rd touch" many times being the one that leads to a strong move...
D1 - Big double cycle and triple cycle completed, we may now expect the price to reach the 38.2% retrace of the double cycle and 50% retrace of the triple cycle. Two trend lines and bearish hidden divergence has formed. H4 - Bearish divergence, price is respecting the 100 fibo level. H1 - Three false breaks and bearish divergence. If we get a break below 168.65...
NZDCHF / H1 / Bat Pattern Market : Forex Pair : NZD CHF Time Frame : H1 Strategy : Cypher Pattern Risk Ratio : max %2 If you dont know how to trade with this analyses, please scroll down and look at the educational ideas at comment part
possible back to the trend line and below the cloud ...
NZDCHF / H1 / Bat Pattern Market : Forex Pair : NZD CHF Time Frame : H1 Strategy : Cypher Pattern Risk Ratio : max %2 If you dont know how to trade with this analyses, please scroll down and look at the educational ideas at comment part
NZDCHF looks like short. If it breaks trendline, wait for flag for confirmation then sell. Lets wait and see!!!