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Nzdchflong

NZDCHF: Price has started unfolding final wave (Y)Key levels: 0.6520 Price is forming a corrective descending channel for 13 months. Currently, the price is facing resistance at the upper band of the parallel channel. As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y) . Price has completed the intermediate wave (x) and started falling for the final wave (Y). Traders can short for the following targets: 0.6362 - 0.6274 - 0.6124- 0.6052. Invalidation: Breakout of wave (X)
by forextidings
2
Nzdchf longs...The pair has approached a strong HTF support confluence of a daily upward trend line and a weekly support level...After a brief downside manipulation to mop up sells, the stage is set for longs, a 4H minor downside trend line has been breached, though not convincinly enough, minor resistance is also offered by the yellowed region... A cute little bullish flag has been forming (highlighted in the purple rectangle) an impulsive bullish break of that and the minor structural resistances as shown should bring about some bullish action in the nearest future. If this was remotely useful to you, please support my work with a like and a quick Sub...Thanks.
Long
by LexyenHille
💡Don't miss the great buy opportunity in NZDCHFTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6398). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 0.6440 TP2= @ 0.6472 TP3= @ 0.6507 TP4= @ 0.6534 TP5= @ 0.6559 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
4
💡Don't miss the great buy opportunity in NZDCHFTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (0.6398). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . NZDCHF is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 48. Take Profits: TP1= @ 0.6440 TP2= @ 0.6472 TP3= @ 0.6507 TP4= @ 0.6534 TP5= @ 0.6559 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4