NZDCHF Bullish ReversalI am entering long on NZDCHF for the following reasons:
- We are in a current downtrend.
- The previous daily close is a bullish candle, a long lower shadow and tiny upper shadow.
- Price is predicted to pullback to the trendline here, at the very least.
My trade is Entry 0.54340, Stop Loss 0.54040, Take Profit 0.54650, 1:1 RR. This is considered to be a swing trade.
NZDCHF
NZDCHFTo provide a detailed analysis and trading strategy for NZD/CHF moving towards daily support:
Analysis
Current Market Context: NZD/CHF is approaching a significant support zone on the daily chart.
Support Range: 0.54324 to 0.54150.
Stop-Loss: Recommended to place the stop-loss slightly below the support to avoid premature exit due to potential price wicks.
Trading Strategy
Entry Point: Consider entering a buy position within the range of 0.54324 to 0.54150.
Stop-Loss: Place the stop-loss slightly below the support range, for instance, around 0.54000. This will help to avoid being stopped out by minor market fluctuations.
Take-Profit: For a conservative target, aim for the next significant resistance level. For more aggressive targets, consider multiple take-profit levels as the price progresses.
NZDCHF On The Rise! BUY!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5459
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5514
Recommended Stop Loss - 0.5427
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
NZDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5534
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5506
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Heading into an overlap resistance, could it reverse from here?NZD/CHF is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support.
Pivot: 0.55294
1st Support: 0.54666
1st Resistance: 0.55747
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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NZDCHF I Pullback and possible swing long continuation Welcome back! Let me know your thoughts in the comments!
** NZDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
NZDCHF Set To Grow! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5520 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5563
Safe Stop Loss - 0.5491
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZDCHF BREAKOUT AND PULLBACK ON KEY LEVELWe recently observed a significant breakout and rally at a crucial level, followed by a price reversal back toward this key level where the initial breakout was confirmed. We now anticipate a retest of this level, expecting it to act as a support zone before another bullish reversal occurs.
NZDCHF – looking for pullback and bullish continuationThe recent bullish move by this pair has been restricted by the resistance zone around 0.54750. However, this zone was overcome about 2 weeks ago. After breaking through with momentum, price is now pulling back and I think it will find support at the same zone aided by the 50EMA.
Let’s see how this plays out.
This is not a trade recommendation.
Trading carries a high level of risk, so only trade with money you can afford to lose. Anything can happen in the markets at any time. Please use sound money and risk management in all your trades.
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NZD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Previous week’s green candle means that for us the NZD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.547.
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NZDCHF - Potential long !!Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I expect bullish price action if price rejects from trendline + liquidity zone + institutional big figure 0.56000.
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NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Previous week’s green candle means that for us the NZD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.556.
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NZDCHF Trading Opportunity! BUY!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5548 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5559
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
NZDCHF I Impulse correction and potential continuation Welcome back! Let me know your thoughts in the comments!
** NZDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!