Nzdchfshort
NZDCHF with Christmas around the cornerNZDCHF - with Christmas around the corner and not much volume in the Asian session, NZDCHF has continued to trade in a consolidation channel. After rejection from the support level, the price has been supported by an ascending trendline.
Expecting the candle's closing at H4, above the current resistance level, confirms possible uptrend continuation and long setup.
The setup offers an R:R ratio of 1:3.
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NZD/CHF Short NZD / CHF is on the major trendline, plus it has not done any valid retest on higher timeframes. So, according to us, this pair has two scenarios, the first is to start the short immediately, and the second is the 0.63200 area variety, and since then the short to certainly 0.61700 area. Where they would certainly be interested in long.
NZDCHF - SWING - 14. DECE. 2020Welcome to our weekly trade setup ( NZDCHF )!
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1 HOUR
Very bearish price movement!
4 HOUR
Pressure and closure below main sr level.
DAILY
Overall bearish market after a pullback, good short entries.
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FOREX SWING
SELL NZDCHF
ENTRY LEVEL @ 0.62810
SL @ 0.63090
TP @ 0.62430
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
NZDCHF - short entry on the breakout of the bearish flagThis pair is at the top of H4 TF Rising Wedge Structure. While reaching this top area, it form another corrective rising wedge structure in H1 TF.
Its now breaking below the Risin wedge in H1, and forming bearich continuation flag pattern. I enter short entry on this pair on the break of the flag, with sl above tha flag, targetting to at least to the bottom area of h4 rising wedge structure at 0.60500.
Lets see how will this one play out. Good luck
NZDCHF Sell TRADE IDEA. Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.