NZDCHF BUY IDEA FAILED SWINGBUY @0.58299
STOP @0.58299 (45 PIPS)
TAKE PROFIT @0.59302
TRAIL @0.58073
Nzdchfforecast
Will the support line of NZD/CHF have the power to stop Bears ?Hi Traders,
hope you all have a fantastic Sunday afternoon.
Today we take a look at NZD/CHF price forecast for next week. Since 19th of March price has been in nice Ascending channel. Support line of this channel has been tested couple of times since the start of channel. However, we here at Triple Pips think that the biggest test is going to happen in start of next week. Last 2 trading days have been all Bears. Does the support line has strength to stop them ? We don't know that yet that's why we are going to wait for either Long or Short. For Long we will wait for price to bounce back from the support line and if the price will breakthrough the line we will open Short positions. The Relative Strength Index shows us the down-side pressure is only starting. (RSI 47.59)
Let us know in comment section what do you think is going to happen ?
NZDCHF FORMING NEW TREND TO RETEST THE WEEKLY RESISTANCEFOREXCOM:NZDCHF forming new trends to retest the weekly resistance which is now forming new HIGHS&LOWS
NZDCHFI will be looking for long opportunities should price close above @0.59059 with a target to @0.6013
like and comment your ideas!!
NZDCHF Long Position In Near TermNZDCHF has been testing the current resistance of 0.59075 level in its strong upward move. It has already touched this resistance level FOUR TIMES! Yes, you read it right, four times! As can be seen in the chart, NZDCHF really seems determined to continue it's upward move. I expect the uptrend to continue, and for NZDCHF to touch the next resistance level of 0.59350, which is where I have placed my take-profit level.
#NZDCHF SHORT.. #NZDCHF short.. I expect a price action as I mentioned in the chart..
Disclaimer: Please do your own due diligence when it comes to forex-trading.. Invest at your own risk..
I wish you all the best..
NZD/CHF Short possibilityWe can see a formation of a triple top which implies a reversal trend
We may want to short from there
Waiting for signals
Like if you agree with me!
Educational purpose only
NZDCHF Long Short Term TrendUpward movement from strong support of 0.5775 levels seen, with expected TP levels around 0.5800 where there is some good bit of resistance. For now, I expect NZDCHF to make an upward move to 0.5800 levels in the short term, as can be seen in the chart above.
NZDCHF techncially based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NZDCHF technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line, NZD the strongest currency currently, CHF one of the weakest.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
NZDCHF technicaly based - structure break
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 NZDCHF technicaly based idea, we can see price is break trend line, candels foramtion is strong bearish, technicaly indicators showing we can expect higher push down in price, SUPPs can be used for TP targets.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
SHORT NZD/CHFHI
Depending on the pattern of the head and shoulders, you can wait for a small one to enter the deal after the failure.
And the rsi indicator also shows a divergence that is promising for a downward trend.
Please follow my support and like my posts.
see you later
GOOD LUCKY
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#NZDCHF - Short/Long Currently at a very key area.. two great opportunities..
Just wait for one to present itself
NZDCHF LONG! Idea: Choose Color, Co-ordinate, and Ride it!Check comments section for future updates on idea.
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NZDCHF LONG! 4Hr IdeaCheck comments section for future updates on idea.
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NZDCHF potential reversal!
NZDCHF expected to rise up to 1st resistance at 0.58937 where it could potentially react off and drop down to 1st support at 0.58167.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCHF bounce and breakSoon to break. Wait for a proper moment and enter.
This trade idea was created for Global Traders Team portfolio managers. For more trade ideas , join our proprietary trading
NZDCHF - 4 Year low!!!OANDA:NZDCHF --------Broken the four year low and falling.See how the price reacting in black dotted lines for reversal.Else it will fall again.
Happy trading,
Tamilkumar
