Nzdchfsell
NZDCHF - SWING - 05. OCTO. 2020Welcome to our weekly trade setup ( NZDCHF )!
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1 HOUR
Bearish break and closure below main sr level.
4 HOUR
Looks like prices might turn bearish now..
DAILY
Good short entries to follow midterm trend.
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FOREX SWING
SELL NZDHCF
ENTRY LEVEL @ 0.60900
SL @ 0.61130
TP @ 0.60570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup
Notice: This is meant to be a preparation for you. As always we will have to wait vor a confiramtion.
NZD/CHF: Daytrade-Preparation
Market-Sell: 0,60960
Stop-Loss: 0,61300
Target 1: 0,60630
Target 2: 0,60410
Target 3: 0,60170
Stop-Loss: 34 pips
Risk: 0,5% - 1%
Risk-Reward: 2,33
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
NZD/CHF - bearish momentum pushing price lowerNZD/CHF price has been within a respected descending weekly trend channel since 2017. Price did break out of this channel back in March as a result of the coronavirus pandemic, however, re-entered forming an ascending daily trend channel. Price did not retest the upper boundary of the weekly channel as price ran into resistance before that at 0.62 (the lows from September 2019), at which point price formed a lower high on the weekly time frame.
After running into resistance from September 2019 lows and also the 50 DAY EMA, the daily trend channel was broken to the downside in Late-July. As a result, price has been on a bearish spiral ever since. After breaking strong support at 0.59693 we are expecting price to continue further to the downside as a result of the bearish momentum in the market, with an initial price target of 0.5890.
A longer term target would be a retest of the lower boundary of the weekly channel at possibly 0.5750.
NZDCHF CAN GO BOTH SIDES.**ENG**
- Price just reached our reversal area, we had an initial bias of a bullish position from this area, however price is currently very impulsive and can easily break.
- If price starts to consolidate around this area, we would look for a bullish signal and enter long.
- If price breaks this level, we would wait for the retest of the zone, and then enter short.
**PT**
- Preço a atingir a nossa zona de reversão, inicialmente tínhamos uma opinião bullish, no entanto devido ao quão impulsivo o preço se encontra, há uma enorme possibilidade de quebra.
- Se o preço consolidar por volta desta zona, o melhor será aguardar por um sinal de subida e entrar em compra.
- Se o preço quebrar esta zona de suporte, o melhor será aguardar pelo retest e entrar em venda.
NZD/CHF SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: This is meant to be a preparation for you. As always we need to wait for a confirmation!
Sell-Limit: 0,61570
Stop-Loss: 0,62020
Take-Profit: 0,60680
Stop-Loss: 45 pips
Risk: 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
NZDCHF - SWING - 11. JUNE. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Very bearish price action this week.
4 HOUR
Price closed below main sr level, expecting another push to the downside.
DAILY
Overall very bullish market turned now!
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FOREX SWING
SELL NZDCHF
ENTRY LEVEL @ 0.61570
SL @ 0.62760
TP @ 0.59840
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
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NZDCHF held resisted at key resistance level1. NZDCHF is currently held resisted at the 0.59675 level. This level is very significant as it marks a huge supply origin on April 30th and serves as an inflection point supported on April 29th.
2. We're currently seeing this level hold up. You'll notice that we're not seeing large bullish candles, but rather alternating red and green bars. On a lower time frame, this will be observed as a narrowing range.
3. I'm currently bearish because price has slowed after a huge bullish uptrend. What are the odds that we're going to see new volume of buyers coming in at the current price? Those that have gotten long should have gotten in by now. We should be seeing profit taking and fresh sell volume rolling in overnight and through the next few days.