NZDCHF RETESTS A DAILY RESISTANCELooking back at the daily time frame, price broke below a daily level of support and is now coming back to retest this level as resistance.
We have already seen the rejection from this level, so we'd wait for price to form a lower high before we take short positions.
Targets remain at the previous low that price created.
Nzdchfshort
NZD/CHF New 2 Short Setups Avialbe To Catch 150 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF short just presented👍📉Our reversal strategy has presented a short trade on NZDCHF .
This is working the 15M time frame and trade has only just alerted.
This is a new reversal strategy script we are trialling at the moment.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Yesterday I shared an idea from this very strategy that can be seen below.
Now unfortunately this idea hit a stop loss and I wasn't at the screen when the next trade alerted which went on to hit TP.
I got thanked by someone for them hitting a stop loss in the shared idea!
In all my trade ideas I quote the following two comments below 👇
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
The reason for sharing trades on a social based platform is to seek to engage with fellow traders on the ideas I share be it any opinion.
But do realise I am not forcing any traders to take my trades. Simply sharing our methods and trading journey.
Any questions on the strategy in use or opinions hit the comment box I'll love to share some interaction with fellow TradingView members.
Lets see how this trade plays out 👊
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF further downside from pivotNZDCHF is currently pushing downwards towards 1st resistance in line with 161.8% Fibonacci extension and 61.8% Fibonacci retracement. If prices push down further, prices might take support from 78.6% Fibonacci extension and 127.2% Fibonacci retracement fibonacci confluence zone. If prices reverses from 1st resistance, prices might face resistance from horizontal swing high resistance in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension.
NZDCHF potential short opportunityStrong weekly bearish closure
Daily chart - we are (still) in a uptrend and just retraced to 100% fib level (last place it can retrace too before breaking the structure), however we did gap on Sunday and the gap has not been filled yet, so can this go further down at least to fill the gap.
H4 -currently under a downtrend.
30m chart - downtrend, started retracing and came back to retest previous level of support as potential resistance testing also the 61.8% fib level. lets see if it holds
NZD/CHF New Short Setup Available To Catch 150 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CHF Running In 40 Pips From Last Analysis , Did U Catch It ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CHF New Short Setup Available After Daily Closure This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF - FOREX - 19. APR. 2021Welcome to our weekly trade setup ( NZDCHF )!
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1 HOUR
Bearish closure and price action.
4 HOUR
Expecting more bearish pressure.
DAILY
Looking for a break towards previous lows and support zone.
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FOREX SETUP
SELL NZDCHF
ENTRY LEVEL @ 0.95670
SL @ 0.66180
TP @ 0.64910
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 Made A New Lower Low And Sell Setup Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF SHORTING OPPORTUNITYOkay you know me. Simple trades, simple setups.
This is NZDCHF. From my perspective, it's providing a beautiful setup downwards to the levels of 0.61330.
I am looking to take this trade at market conditions, price, and at the bell.
Let us see how things pan out in the coming weeks.
PSA: This is not trading advice. This is not a signal. This is my setup and any trader taking this trade from my setup is doing so at their own volution.
NZDCHF - Bearish BiasNZD - BEARISH
1️⃣ Investors monitored a sustained surge in long term bond yields locally and abroad. Local 10-year bond yields eased from 22-month highs to 1.761% while the US 10-year rate retraced 14-month highs to 1.679%.
2️⃣ The Westpac-McDermott Miller consumer confidence index edged down 0.8% to 105.2 in the three months to early March, leaving it little changed on its pre-lockdown level a year ago.
CHF - BULLISH
1️⃣ Concerns about a surge in COVID-19 cases and vaccine shortages in Europe boosted the CHF.
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Technical
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We are looking to sell the NZDCHF at resistance + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.