A folding triangle pattern is formed which can collapse if the support is broken to the specified target
Hello guys, today I would like to share my thoughts on NZD/CHF from the longer time frame perspective. So, today’s analysis will be a “ swing ” trade analysis and I will be using a Daily time frame. What I found interesting about the NZD/CHF was a very sharp price reversal. There was a strong sell-off lasting 6 days, but then the price has suddenly turned and...
Reason: 1. Mitigated LTF OB 2. Price action trading inside expanding triangle 3. Mitigated OB in the LTF structure
✅NZD_CHF is trading above the strong support And the pair is going down to retest it again The whole price action does not look super bullish Yet is is clear to me that the level is being defended So once the price reaches the support A local rebound is likely and we can profit from it LONG🔥 ✅Like and subscribe to never miss a new idea!✅
NZD FUNDAMENTAL BIAS: BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, NZD has benefited from the market's improving risk outlook over recent months as participants moved out of safehavens and into riskier, higher-yielding assets. As a pro-cyclical currency, the NZD enjoyed upside alongside other cyclical assets going into...
If we see a price break above 0.6570 level, and the ascending triangle, we could see further bullish momentum up to the channel resistance.
Here is our today's forecast for NZDCHF. Our analysis is based on purely technical outlook. According to our chart NZDCHF is coiling on demand cluster. Based on our analysis the market will accumulate. Like, comment and subscribe to our TradingView Page. ❤️ Please, support our work with like & comment! ❤️
Hello,Traders! NZD-CHF is now going up After the pair broke the falling resistance And as our long term bias changes from bearish To bullish, I am projecting growth towards 0.69-0.70 levels Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Good morning guys and girls. I hope you're doing well. So AUD/JPY is doing what I suspected it might do whilst I was creating my Thursday Forecast and now it looks like it might be ready to give me a risk entry by the end of today. I also know from the testing that I've done that very corrective pairs such as NZD/CHF are also very reliable where risk entries...
Good morning guys and girls. I hope you're doing well. So AUD/JPY is doing what I suspected it might do whilst I was creating my Thursday Forecast and now it looks like it might be ready to give me a risk entry by the end of today. I also know from the testing that I've done that very corrective pairs such as NZD/CHF are also very reliable where risk entries...
NZDCHF has hit a HTF bearish order block, and may be indicating a bearish response. Price has formed a 1H OB here, and price dropped a bit, and is now returning for a retest of the OB. I expect further declines. If price breaks the high of the OB, this invalidates this short setup. 0.65500 is the area I am watching for signs of reversal. Look for your...
Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full...
I am already long on NZDCHF although I feel the Longs will be confirmed when it breaks the previous HIGH Looking to hold this trade long term
Sell: NZD / CHF SL @ 0.65960 TP @ 0.65152 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone
Trade details for current trade are shown on the chart. We are working the 15M time frame on this strategy. We're looking for the green line which is take profit target. Little blue long arrow is entry point and purple line is stop loss. Trade history can be seen at the foot of this trade idea too for full transparency. Previous trades shown on chart, one TP...
nzdchf making new lows in smaller time frames. got the potential to reach the selected area
If this pair could break this resistance, we could see a moving upward around 60pts for the first profit line or around 144pts for the second profit line
✅NZD_CHF broke the massive falling resistance Retested it having formed a new smaller channel And broke out again, signaling a trend change Which makes me bullish biased And I think that the pair will now keep going up With the target that you can see on the chart LONG🚀 ✅Like and subscribe to never miss a new idea!✅