Hi Friends, In this analysis, I am sharing about NZDCHF. Follow proper risk management and the minimum risk to reward ratio should be 3. I am new to TradingView So, Do support me and share your views in the comment section. **Trading is all about strategy. All I have done above is Technical Analysis
Hello,Traders! NZD-CHF is trading in a falling channel And the pair has just reached the resistance cluster of the horizontal key level and falling resistance line We can see a nice breakout from the rising local channel on 1H timeframe as well All that makes me bearish on the pair and I am expecting a move down Towards the local support, but the fall might...
Been in this one couple of days now. Would love to close this one out for Friday. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. We don't know where the markets will go and there is good profit on the table already but we stick to the back tested proven plan....
USD/JPY: • If price pushes up to and ideally just above our previous high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which...
Here is our technical view for NZDCHF. Our analysis is based on purely technical outlook. According to our chart NZDCHF is coiling on support area. Based on our stand point the price will go higher to the next resistance level. Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️
When deciding on a Forex pair one must clearly be thinking: - What is the best currency (economy) to buy -Which is a 'suffering', weak currency (economy) to short For the first part I find NZD (the New Zealand Dollar) to be in the first category for a variety of reasons (good relations with China, data has been strong, Central Bank) For the second part I choose...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6419). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6419). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Potential raise to first Resistance Area 0.6530 after breakout and price is above the Pivot point 0.6420 which is in line with 23.6% Fibonacci retracement and Experts Bullish Analysis
Price kept one to one geometry. Descending wedge pattern and more probable breaking up to continue uptrend.
NZDCHF DAILY CHART If this analysis is useful for you, you can support me with your likes and comments. If you have different opinions about the analysis, I will be happy to know these opinions. ----GOOD LUCK----
An ABC flat or an ABC to 1.61% of fibonacci extension.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6406). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6406). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic...
GBP/AUD: • If price pushes up to and ideally just above our rayline, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets...
Price is also in this descending channel which is in an overall bullish flag pattern. Currently waiting on price to either make the next touch of the channel's bottom before reversing or break above the channel's top, wait for a retracement and then long after successive price action
NZDCHF has shown a bullish breakout from the descending trendline resistance, where we could see a bounce from the Buy Entry level, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. Price could rise further towards Take Profit level, which is in line with 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding...