NZDCHF Potential H&S TopNZDCHF potential H&S top. Also most NZD pairs are on important resistance zones.
Nzdchfshort
NZDCHF SHORT WEEKLY AND REASONSwaiting for candlestick bearish confirmation
1) ma 100 as dynamic level
2) trend line
NZDCHF Potential Short soon...Daily chart is displayed above
As you can see in my chart analysis, the price of NZDCHF is approaching this Daily resistance zone and we should be expecting a sell soon.
I would say continue to watch!
NZD/CHF - 100 Pips+ DropNZD/CHF has broken under the 50 ema on the 4H chart. As long as the 50 EMA holds as resistance, the push further below is active.
Wait for the close of the candle on the 8H chart. No trade has been opened yet. This is only an idea and expectation of what can happen. Therefore, we must wait until we have a good signal and confirmation.
That would be to open your position on Sunday EST time or Monday as it confirms its direction.
Trade safe.
NZDCHF TO GO SHORT (PRICE ACTION)I AM LOOKING FOR THIS PAIR TO BREAK THE SUPPORT AND RETEST TO GO SHORT. THE WEEKLY AND DAILY TIME FRAME SHOWS THE PAIR IS READY TO GO BEARISH AND THE 4H CONFIRMS THAT PER WHAT PRICE IS TELLING ME.
NZDCHF: Long-Term Short Trend NZDCHF
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Price action at Strong Resistance Trendline (Since Jan 2015)
- Price action at 61% Fibo retracement levels
- Gap between 8EMA and 50EMA too wide
- Stochastic Overbought momentum
Suggested Trade:
Entry @ Area of Interest 0.6825 - 0.6925
SL: 0.6998
TP: 0.6453
RR: Approx. 3.42 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
NZDCHF shortNZDCHF retested weekly descending channel last week and formed head and shoulders pattern on H4
also failed to break above 61% fibo level
waiting for neckline break out
short term target is 38% fibo level that is last broken major resistance
long term target is bottom of channel
NZDCHF 15 SHORT
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NZDCHF - ShortPair: NZDCHF
Position: Short
Ascending trend line broken, price is approaching 38.2, should the 4hr close close enough i will look for a short position
NZDCHF ShortNote
-NZDCHF showing signs of slowing down after intraday rejection of higher price (long daily wick) by forming a reversal candle (Pinbar/Spinning top/Indecision) AT RESISTANCE
-NZDCHF at long term resistance trend line
-NZDCHF showing bearish divergence on 4H time frames
-Stochastic severely overbought at resistance
Entry
-Keep enough distance below the low of the reversal daily candle to confirm a transition of power from bulls to bears
Stop
-Above the high of the reversal daily candle
Target
-2 times stop
Risk Management
-Risk 1% to 2% of capital
-Ratio: 2:1
NZDCHFCrab pattern completion at market with 4h bearish confirmation.
Profit targets and stops as shown on the chart.
#tradingwerks
NZDCH REVERSAL JOIN INEXPECTING NZDCHF TO REVERSE BEFORE WE CONTINUE UPWARDS SO JUMP IN
See previous analysis
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
NZDCHF pullbackPlease note, all information presented here is for educational purposes only and is not intended to provide financial advice.
NZDCHF BEAR SHORT TERMbutterfly on NZDCHF and we expect bearish for short term then bullish to midterm decline line.
NZDCHF approaching support, potential bounce! NZDCHF is approaching our first support at 0.6501 (Horizontal overlap support, 38.2% fibonacci retracement, 61.8% fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6610 Horizontal swing high resistance, 38.2% fibonacci retracement).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
