Hello,Friends!
In this market situation, I am looking at multiple indicators
And I can see bullish momentum accumulating on the pair right now
This setiment makes me bullish biased and I am considering a long!
Like and subscribe and comment my ideas if you enjoy them!
NZDCHF price is moving in a sideways channel. If the price moves up and breaks the area around 0.63400 then bulls will enter or the price has to retrace and test the support zone again at 0.92900 level and then jump up. So wait for the price action. Good Luck!
Hello,Traders!
NZD-CHF has finally reached a horizontal support level
Which is a strong weekly strucutre
Which makes me exopect a rebound
And a bullish correction, with the first
Target being a resistance above
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Technical view on the market, which isn't an invitation to buy or sell, But only for learning purposes, sharing my thoughts and dragging your attention on this opportunity.
Attention :
Always use a proper risk management in trading.
Be safe and trade responsibly
Do not forget to FOLLOW me so you don't miss the upcoming analysis ✅
Here is our today's forecast for NZDCHF.
Our analysis is based on current market fundamental sentiment.
According to our drawing NZDCHF is trading within a support.
Based on our view the price will go higher
to the next resistance level.
Please, support our analysis with like and comment!
❤️ Please, support our work with like & comment! ❤️
Since March's high, NzdChf has started to trade in a range with a very clear bottom at 0.6260
I'm bullish as long as this low support is in place and, in the medium term, the pair can rise to 0.6570 resistance
Buy dips towards this support can be a good idea for a trade with great R:R
Price on a bearish momentum. We spot a potential sell entry at 0.63448 in line with 127.2% Fibonacci extension towards our Take Profit at 0.62648 in line with 161.8% Fibonacci extension and Fibonacci Projection. Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
Here is our technical outlook for NZDCHF.
Our analysis is based on current fundamental situation.
According to our drawing NZDCHF reached a strong demand cluster.
Based on our view the price will accumulate.
Like & Comment Our Analysis, Please!
❤️ Please, support our work with like & comment! ❤️
Prices are abiding to our descending trendline. We see potential bounce from our Pivot at 0.64040 which is an area of Fibonacci confluences towards our Take Profit at 0.64572 in line with 78.6% and 38.2% Fibonacci retracement . Technical indicators are showing bullish momentum.
Any opinions, news, research, analyses, prices, other information, or links to...
Hello,Friends!
Indecision in the market is changing
Towards a clear bullish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a good idea to go long!
Like and subscribe and comment my ideas if you enjoy them!
Prices are abiding to our descending trendline. We see potential bounce from our Pivot at 0.64040 which is an area of Fibonacci confluences towards our Take Profit at 0.64572 in line with 78.6% and 38.2% Fibonacci retracement. Technical indicators are showing bullish momentum.
Any opinions, news, research, analyses, prices, other information, or links to...
NZDCHF H4 CHART
Hello Traders .If you find this analysis useful, please support me with your likes and comments.
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Trade details for current trade are shown on the chart.
Using POW reversal strategy for this trade.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue arrow is entry point and purple line is stop loss.
Previous trade can be seen on chart.
Trade history can be seen at the foot of this...
✅NZD_CHF is falling down sharply
But a key support level is nearby
From where I would be expecting a rebound
And a retest of the resistance above
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Price on a bearish momentum and abiding to a bearish trendline. We see potential for a short at our sell entry at 0.64718 in line with 100% Fibonacci extension towards Take Profit at 0.64261 which is an area of Fibonacci confluences. Technical indicators are showing bearish momentum.
Any opinions, news, research, analyses, prices, other information, or links to...
Price is trading on a descending trendline and is near the sell entry price of 0.65162 which is also 61.8% Fibonacci retracement and graphical overlap resistance. Price can potentially dip to the take profit level of 0.64810 which is also 61.8% Fibonacci retracement. Our bearish bias is supported by technical indicators.
Any opinions, news, research, analyses,...
