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Nzdchfidea

NZDCHF - GLobal uptrend Preconditions - local uptrend - global uptrend - accumulation (blue zone) - triangle break up - key zone You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
8
NZD/CHF Major Trendline BreakoutThis broke above a major trendline last week and has now retraced to test the trendline again. If this continues to drop then it will just be a false breakout but momentum seems to be with this as NZD is strong at the moment and CHF has not been great. Looking for this to turn higher from current price or slightly lower at 0.382 Fibonacci. Also need to see EMA's cut back for long before entering a trade. Target 0.66047 although there is resistance between current price and there so there could be some hold up in that area.
Long
by olly48
NZDCHF Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of NZDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 49 - Dec 02 M > Market is respecting downward resistance trend-line, price is approaching to test the trend-line. From there we can expect a rejection to the downside. W > We can see two W patterns and their neck will be Short targets. Price is currently testing weekly supply zone. D > Price has decelerated and rejection to downside is building up. Bearish divergence can be seen suggesting correction to the downside. As per COT NZD further added both Long and Short bringing Long to the highest for the year, ZXY has gained strength all of November, it is now testing a major resistance level. We can expect some correction to the downside for NZD. CHF saw addition of both Long and Short. SXY recovered slightly during the said period and it further strengthened last week. 4H > Price has been consolidating at current level for over a week, price can move up for a last final attempt to break the consolidation before making a downward move. Pair Correlation > NZDCHF has positive correlation with NZDCAD, NZDUSD, NZDJPY and GBPCHF negative correlation with EURNZD and GBPNZD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX
2