SWING TRADE NZDCHF BUY LIMIT ENTRY: 0.64286 SL: 0.638589 TP 1: 0.64583 TP 2: 0.64983 TP 3: 0.65365 TP4: 0.65746 TP 5: 0.66575 TP 6: 0.67522 [323PIPS}
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDCHF rebounded from downtrend line price below key level around 0.6480 price below SMA 100 MACD shows start of bearish momentum RSI broke uptrend line below 50 so its expect bearish movement to support level around 0.6380
Based on Elliott Wave Theory, NZD/CHF might have completed a W-X-Y correction which concludes Wave 4 (if no further corrective combinations, i.e W-X-Y-X-Z) Utilizing chart patterns, we have broken out of an Ending Diagonal (Labeled Subwave C) In my opinion, the next bullish impulse will be Wave 5 - to complete a larger Leading Diagonal from March 2020s low
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF respects minor downtrendline Price is based below key level at 0.6475 Below SMA 100 It's expected the continuation of bearish momentum to target level 0.6350
All the signals in this post are generated by the Autonomous Machine Learning (Neural Nets) System, from this post; Note; While that system is not, yet, integrated into TradingView, we will attempt to push the signals directly into this post, in a timely manner.
Placing some buy positions at the current weekly demand level
As we can see, the NZDCHF price recently breakout the recent higher high support, and this is where we can expect a short term downtrend.
NZDCHF is moving below a descending trendline. The price after that reached a weekly support and tested it a few times. Currently, the market broke below and now re-testing the resistance. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
NZDCHF The pair is creating a corrective pattern in the form of ABC. This is an analysis based on the Elliott Wave theory. The correction could be a different (extended) one which can only be concluded after seeing further moves on the pair.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Bull Flags are a Range and they are repeatable trading chart patterns. Bull Flags are a descending chart pattern that will have a directional bias (long) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for...
NZDCHF is moving below a descending trendline. The price reached a weekly support and tested it a few times. According to Plancton's strategy if the market will break below we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡...
This pair has been mostly bullish since May2000 but is consolidating in a downward sloping channel since February this year. As you can see the channel structure is very clean and price has been respecting it both to the up and down side. Note also the area around 0.6480 that has been a good support. I am looking for price to come down to this area and if it...
NZDCHF Potential Bearish Cypher Pattern. Wait for price to reach PRZ zone and form price action pattern and then go short. TP @0.6515