Hey Traders, in today’s trading session we are monitoring NZDCHF for a selling opportunity around 0.52800 zone, NZDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.52800 support and resistance zone. Trade safe, Joe.
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H4 - Bearish convergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
#NZDCHF 4H SET UP Bullish then Bearish Buy short Sell Long Buy Now Sell limit 0.6360
Here we have a bearish tendency in H4. Supply zone in H4 with a beautiful accumulation order in a zone that means a momentum trade.
A potential sell trade of NZDCHF reversal. Price trading in a symmeterical triangle and expect a breakout to the downside.
Hi there, this pair could drop, so observe the price action.
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A good entry for me will be at 0.61150 Please hit Like & Follow to support more analysis. You can also comment to share your bias.
NZDCHF MONTHLY OUTLOOK AUGUST 2020
NZDCHF SHORT IDEA. Just waiting for the breakout and retest.
Going short here after good consolidation near resistance zone of the down-trend! 35pips SL and lets get it! :D
W1 - Price still has room lower towards the bottom of the bearish channel. D1 - Potential bearish hidden divergence. H4 - Bearish trend pattern, currently it looks like a correction is happening. We have two important resistance zones that has formed based on the fibonacci retracement levels of the bearish trend pattern and the fibonacci expansion levels of...
W1 - Price is holding below the downtrend line, bearish hidden divergence. D1 - Bearish convergence, price broke below the most recent uptrend line. H4 - Bearish trend pattern, looks like the pullback that we were looking for happened, bearish hidden divergence. We may now start looking for more bearish setups with more bearish evidences in order to join the bears.