Nzdchfanalysis
NZDCHF two way split What's up guys!
This is a very tricky one but have to be careful
Price is currently hovering over a major support trendline in Red and it seems to be hovering over it
On the Daily time I will be waiting for the break downwards of the this trendline with momentum candles within that time frame to validate that bears are now in full control
On the 1H timeframe which involves digging deeper ,price can still make higher highs and approach the major resistance zone before the break of the red trendline but only experienced people can handle this situation cause I won't want to buy around the resistance , my focus is to find a good sell setup
What do you guys think ?
Waiting for a buying opportunity with NZDCHFDaily timeframe.
Structure: The uptrend was confirmed after the bulls broke the Key level at 0.65000.
Wait for the price to have a move to retest this support level and appear a buy signal, then enter an order with NZDCHF.
The profit target is the 0.67500 zone.
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Wish you all have a good trading day!
NZD/CHF Multi-Timeframe analysis - update !!!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; buying opportunity exposed
For a couple of weeks now the price has been trading in a bearish channel. Right now we see a clear breakout of the channel which might be a signal for the buyers to push the market higher. From this scenario, I'll look for a buy entry after the retest of the highlighted level.
Please show your support with a like and a comment!!
Wait for a buying opportunity to appear with NZDCHFH4 time frame.
Structure: Descending channel.
After down to the 50-61.8 Fibonacci zone of the previous strong up move, divergence signals are now appearing.
It is likely that from this price zone will appear reversal patterns.
Wait for a buying opportunity when the price completes the reversal pattern or breaks the descending channel and has a confirmed by retest.
Profit target is 0.66000 zone.
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Wish you all have a good trading day!
NZD/CHF LONG BUY OPPUTUNITY .......
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Opportunity to sell with NZDCHFH1 time frame.
Structure: Downtrend.
After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500.
Wait for another retest to this price, then you can look for selling opportunities.
The profit target is the 0.63700 and 0.62400 zones.
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Wish you all have a good trading day!
NZDCHF Sell trade ideaLooks like NZDCHF is in a combination of corrections,53535 Combination comprising of an ending diagonal(5) followed by a flat(3) followed by another ending diagonal(5) followed by an expanding flat(3). If the count is correct i will be expected a 5 wave bearish impulse. will be looking for a bearish impulse before considering any sell trades targeting 0.61320