NZDCHF has broken the channel but we are still bearish due to anticipated NZD weakness and short term bullish on CHF (thanks Paris for the heads up!). Looking to take NZDCHF down once more back down to double bottom. Goodluck and trade safe!
Trade details 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 arrow is entry point and purple line is stop loss. Previous trades also shown on charts. Can we go three out of three? In draw down at time of writing. But markets will go where they want to so...
What we see on NZDCHF chart, is quite clear, after strong manipulation on NZD, we expect now price to drop as fund confirms due to quarantine in New Zealand. As you see technically we are in strong Supply area, price rejected for several times, we can open our sell position just now and watch how price drops ... Such a nice order with lovely R:R 1:7.3 ...
NZDCHF Market is moving in bearish channel. Currently not able to cross falling resistance and showing buying pressure. Great selling oppurtunity.
Hello,Traders! NZD-CHF went up and has reached falling resistance Just as I predicted in my previous analysis Now, the pair is trading in a downtrend Therefore, It is natural for us to expect a bearish reaction With the target being a mid-wedge level While there is a potential to see a retest of the lower levels too! Sell! Like, comment and subscribe to...
Hello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. If you enjoyed this free analysis and it was useful for you, like it and share it with your friends. Please leave your comments below this post
Price at the top of channel. Expecting strong push to downside
Trade details 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 red arrow is entry point and purple line is stop loss. Previous long trade also on the chart which hit TP. Trade history can be seen at the foot of this trade idea too for full transparency. Lets see...
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...
I was stopped out on this sell idea. Price printed a double top on hour 4 and I did trade it small, but i used a tight stop loss. In a way.... i guess that was a good thing. Im looking to sell this again and I have not entered the sell yet, but im looking to enter it soon. This is a downtrend and im expecting a new low here. This is why im looking to sell.
Hello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. If you enjoyed this free analysis and it was useful for you, like it and share it with your friends. Please leave your comments below this post
A lower low is expected in the trend. The 4 hour chart has a double top pattern. Price moved down from that double top pattern. 2 take profit areas are on the chart but it can fall even lower.
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...
We took profits on the first push up this week, now we're looking capitalize on the next leg of the impulse, All we have to do is to wait for the correction to complete. I'm comfortable with all types of entries on this play whether Risk entry, breakout entry or a LTF correction after the breakout entry.
NZDCHF long/short setup. Pair is at critical price.
Hello,Traders! NZD-CHF is moving up in the bullish rebound After a retest of the weekly horizontal support And even though the pair is trading in a downtrend The falling resistance of the wedge is still far away Which means that there is still some way to go Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅NZD_CHF is trading in a massive falling wedge And now the pair is making another move up Within this wedge pattern, thus, I think we will see bullish continuation With the price retesting the falling resistance SHORT🔥 ✅Like and subscribe to never miss a new idea!✅