Price is at first level and I believe it will drop for at least another level. R:R 1:4
NO INDICATOR JUST PATTERN AND NAKED CHART !!! ENJOY!!!
I see potential move to the downside, set your pending orders below the trend line.
NZDCHF SHORT IDEA. Just waiting for the breakout and retest.
Divergence correction of the previous idea.... TP at 0.61636
#NZDCHF Best Set Up For Coming Week... For me this Minor Pair looks really good We can see a H&S Formation in the TOP of the structure Also WE can se a Hidden Channel and how price reacts is lovely Personally I would expect a Drop Nice Areas For Sell Entries: 0.6225 and 0.61575 Invalidation Level: >0.6275 Profit Area: 0.6025 And 0.5925 🔱38 and 62 Emas (Price...
possibility to go short on NZDCHF. As you can see, we have got a breakout and a pullback. let me know your thoughts!!!
If the price respect this resistance zone and get a good rejection confirmation we can have a good sell oportunity here. Affter the trendlines
Double Top retest confirmation, now we need to break this line and get some retest
An ABC ZigZag with a target of the lowest low or daily fibonacci fan. The C with analysis on a lower time frame has started. 1min & 15min are showing 5 clear impulsive waves short. With the C starting a 38% fibo retracement im targeting the low using the fibo extension of this move so the distance it should travel is 1.61% from the start of A.
A breakout to the downside with confirmation on the MA Cross and sentiment change. TDI Baseline starting to decrease from an over bought position. Also looking like a double top on H1.
Waiting for the price to continue in a bearish direction after the rebound at the level of 0.63500
NZDCHF , Price is now at the zone where previous support and now turn into resistance and as we can see price is moving withing the channel ! I will wait for the price to breakout first then entry on a retest !
NZDCHF had created a liquidity void that needs to be filled in other confirmations that I have following this trade are slowly coming together I still haven't got in the trade Im waiting to see if the market goes up to a higher price and will drop down after that. Just sharing a trade idea.
Hello and welcome to my Trade Idea of the currency pair NZD/CHF. Lets start with the Top Down Analysis. Monthly: The monthly timeframe is very bearish with strong bearish candles. Weekly: On the weekly timeframe we see the strong bearish waves. Daily: We see on the daily timeframe a pullback to the upside. H4: Here we draw the counter trendline and expect...