M15 and M30 are overbought There is a double top with divergence This is with the trend There is a pattern on H4
NZDCHF on a trend line resistance with a confluence of golden fib level and LH approaching. Let’s see if it plays out.
Dropped this also last week... Did crazy risk to reward although I wasn't in... It was a wonderful opportunity... Correct analysis ✅✅
The NZDCHF pair has been trading within a Channel Down pattern since March 2021. It made its most recent Lower Low on July 01 2022 but since July 08 it has been consolidating sideways. This has caused the 1D MA50 (blue trend-line) to get very close. If it breaks, that would be a technical break-out buy signal. However as long as it fails to break, there are...
NZDCHF reached a key structure resistance last week. The market was rejected nicely from that and broke a support line of a rising wedge pattern then. I believe that the pair will keep falling. Initial target - 0.596 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
hello everyone x) looking at the higher time frames, nzd/chf is looking pretty bearish, broke past a 4-hour uptrend as well as also crossed 20/50/100 moving averages suggesting selling power. 1-hour bearish engulfing candlestick closure to confirm the entry. Both currencies are being slightly bought by the hedge funds but I believe this trade has a good potential...
Hello, Friends! I was watching NZD/CHF for a while Waiting for this moment And now the price action On the lower timeframes Has given me what I was expecting to see Making me bearish on NZD/CHF mid-term! SELL! ✅LIKE AND COMMENT MY IDEAS✅
Hello Friends, happy new week. NZDCHF's dominant trend on the HTF is downward so here on the 4hr timeframe, a reversal setup (what you have on this chart is the most simplified form of whychoff) has been printed to potentially continue the Overall bearish Trend that the market has been in Since... I'd be applying my entry/confirmation model within the red and blue...
Here is our technical view on NZDCHF. Our analysis is based on purely technical outlook. According to our chart NZDCHF is trading within a resistance area. Based on our view the price will dump to the next support level. Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️
As long as we can hold 0.60582 expecting to see a bearish swing back down to swing lows at 0.59022. If you agree drop a like and f you have any questions leave a comment:)
Hey traders, in the coming week we are monitoring NZDCHF for a selling opportunity around 0.60200 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
A bearish doji has been spotted on 1H Chart. A downtrend is in progress. A parallel channel is also prevailing.
Expecting a minor rise towards an area of liquidity for more sell orders and then price to fall towards our target of 150 pips from entry price as main order Flow is bear market.
Hello Everyone This is just a market idea its not 100% sure. So please take entry on your own risk and proper money management. It is just a market idea for all my traders. If you like it please share with your friends and family on social media. Press like button. Thanks
M15, M30, and H1 are overbought M15, M30, and H1 all have double tops with divergence Counter trend but patterns on H1 and M30 Stop loss should be 40 pips 1st target is 0.60274
Hello,Traders! NZD-CHF is going up form the level below Because the pair as oversold But now the price has almost reached A Daily horizontal key level Therefore, it is reasonable to expect The price to go down In a local correction Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
The pair should retest support in the short term. External scenario still does not allow trend reversal. Like and follow if you like this idea. Thank you for your attention..
As long as we do not break through 0.60582 will look to short NZDCHF and expect the HTF bearish trend to continue back down to swing lows at 0.59022. If you agree drop a like and if you have any questions leave a comment :)