Hello everyone we have an opportunity to short this pair based on few things. There are few potential patterns in play and wave count. The first target should not be a problem to hit. Lets see how it plays out! To subscribe to my free weekly newsletter visit alltradingideas.com or email me at alltradingideas@outlook.com alltradingideas.com Snapchat:...
Adding to my short position from my previous NZDCHF post Adding based off the red trend line bounce and the potential double top formation in the green rectangle Target zone is still the white rectangle zone at the bottom at the end of the AB=CD move (black lines) MACD bearish divergence is displayed with the contrasting red and green trend lines
nzdchf Formed double top on H1 where strong Resistance also around 0.7035 level We advice sell nzdchf cmp 0.7010 with sl 0.7050 where tp 0.69
NZDCHF is making a nice bearish flag on h4 and i am waiting for it to break a major tl to enter short on this pair.
Esperemos que el precio rompe el soporte diario para entrar en venta hasta el próximo soporte semanal junto a la linea de tenencia diaria.
A Bearish Gartley Pattern has formed on NZDCHF. Possible downtrend.
-Nzd- Rate day is August 10. Also there is -Nzd- retail sale Q/Q to watch if u stay in after Rate day. Do read WHY Nzd doesn't or does chage rates as it is HIGHLY Important this time around. Knowing WHY rates change is sometimes more important than the rate change itself.
Hello traders have a bat pattern setup with clear divergence and strcuture Cheers
Buy on weekly and monthly pivot overlay TP on the weekly + round number pivot resistence Then Sell on the weekly + round number pivot resistence TP monthly pivot support
Ride with the institutional trader. Money Flow Index divergence.
Type 1 Bullish Bat in HT trend direction. All 3 levels tested and H.S.I + RSI trigger. Targets @ 38.2% and 61.8% with Normal trendline and accelerated trendline for trade management. Since it´s a Type 1 I expect a retracement around structure at 38.2%. SL below structure.
I think that NZDCHF will reverse at .72 then find support at .70. A rally could go all the way up to .75