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Nzdchfshort

NZDCHF: The price up to the MAIN WEEKLY RESISTANCE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : NZD/CHF ⚪ Technical Analysis : On the 28th of Janury 2021, the price reached the main trendline and it got a strong bullish impulse, moving quickly up, breaking through the daily S/R zone at about 0.64300. It is currently following the same uptrend without any sing of weakness and it will probably reach and re-test the main weekly resistance zone. 🔴 Conclusion : This is clearly an interesting impulse and I'm confident to see soon an upcoming trend correction once the price will eventually reach its main weekly resistance area. Only if the price will get a rejection on the level at about 0.65250, I'll start planning my short position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Short
by FXtrades-gp
16
Watching and waiting .. will NZDCHF drop? 26 Jan 2021Price has arrived at the 0.6420 region again and as you can see this is an area of interest, especially for swing traders. NZD has been strong and CHF rather weak recently but as we all know that can change any time. Both options are possible, a break above or a reversal. As per my weekly chart I would say the long-term bias should be bearish and this region may be a reversal point once again. Price action on the H4 chart is supportive of my bias, but we need to see some real signs of reversal before we commit to a trade. I will be monitoring PA on H8/H12 for any signs that a short trade is viable. Obviously a strong break above the zone will negate my analysis and I would look for a pullback entry to go long. We could have a nice Multiple R trade either way. If you like my analysis please give it a “thumbs up” and follow me to get immediate notifications. As always, please use sound money and risk management in all your trades.
Short
by Trading_Vista
2
NZDCHF Looks Ready for a SelloffFX:NZDCHF buying looks significantly weaker and it appears ready for a drop. I have identified 4 potential targets of retracement and while this isn't the ideal entry it will do. I will be monitoring my trade closely as it was very choppy on the way up and volatility could be a reoccurring theme throughout the week with much happening in both the European and US markets. Note that there a few economic releases for both of these currencies however, they shouldn't have much impact on the exchange rate.
Short
by crawfordpaul
NZDCHF: A possible DOUBLE TOP Market Reversal (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : NZD/CHF ⚪ Technical Analysis : Since the end of December 2020, the price has been following a clear uptrend until the main resistance zone at about 0.64350, getting a second rejection on the 26th of January 2021. During this long period, the price reached few times its daily trendline and it is currently re-testing the same level. The next price action around that zone will be essential to understand the next trend direction. 🔴 Conclusion : Few weeks ago, the price reached an important weekly resistance zone that rejected it many times is the past. I believe that we could see an upcoming market reversal and I'll be waiting for a breakout of its trendline before planning my short position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Short
by FXtrades-gp
12
NZDCHF Short (Sell) Trade Setup IdeaPrice sliced straight through a sell zone where we were looking for a potential short and is now heading towards a slightly stronger supply zone. We wait to see if there will be good price action from this zone, signaling for a potential short opportunity. The two areas in the middle of lighter green are potential supports where you may want to book some profits but the stronger demand zone is at the very base of this move and would be our final targets.
Short
by AEFX786
NZDCHF 1H👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Short
by med-aaris
NZDCHF - Bearish BiasNZD - BEARISH 1️⃣ Troubling Covid-19 trends as US President Joe Biden signed 10 executive orders aimed at jump-starting his national COVID-19 strategy to increase vaccinations and testing as the country continues to struggle with the pandemic. 2️⃣ European Central Bank President Christine Lagarde warned the virus continues to pose a serious risk after policy makers voted to keep pumping unprecedented amounts of stimulus into the economy. 3️⃣ The BusinessNZ Performance of Manufacturing Index sank to 48.7 in December, as rising COVID-19 uncertainty and a slow global vaccination program dented sentiment. CHF - BULLISH 1️⃣ The negative risk tone support the safe-havens CHF. ===== Technical ===== We are looking to sell the NZDCHF at SBR + below SMA 50 on the H1 chart.
Short
by MonsunAsia
Short Opportunity For NZDCHF!!! Retesting 161.8% Fib Level...As you can see, we managed to see a nice 261.8% fib rejection with price heading all the way down. For now, we are seeing a short term BULLISH movement which I believe wil be a retest to 161.8% fib level before further BEARISH continuation. I have identified the supply zone as seen from my chart. I am expecting great BEARISH pressure at this zone. I will be expecting price to move till 0.6200 ish price level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
1