NZDCHF POSSIBLE SCENARIO ! THIS IS THE POSSIBLE SCENARIO IN THE NZDCHF SCENARIO 1D CHART
IF IT BREAKS THE TRENDLINE AND SUPPORT PUT SELL ORDER @ 0.69000 AND TP @ 0.66500
Nzdchfshort
NZDCHF SELL TRADEON THE DAILY CHART WE HAVE A SIMPLE TRADE. WAIT FOR PRICE TO GO BACK TO 0.70634.
SELL JUST BELOW 0.70634 WITH A STOP LOSS JUST ABOVE 0.71238.
NO PROFIT TARGET SET. LET THE PIPS COME TO YOU.
NZDCHF - SHORT Due to Double top and Harmonic patternNZDCHF is forming this double Top along with Harmonic pattern. Taking a long position can be profitable in the long run. Use big stop loss with small Lot Size( Margin).
P.S : Hit like if you are agree with this idea Thanks
SHORT NZDCHFPOSSIBLE DOUBLE TOP ON MAYOR RESISTANCE LEVEL OR .618 RETRACEMENT LEVEL ON THE FIBONACCI LEVEL
nzdchf sell on double topnzdchf Formed double top on H1 where strong Resistance also around 0.7035 level
We advice sell nzdchf cmp 0.7010 with sl 0.7050 where tp 0.69
NZD CHF SHORT - Pivot Point and MACDPrice making a double top at .71800 resistance level.
Not making a higher higher - 4 hour showing bearish momentum.
the MACD 4,9,3 breaking previous support level.
RSI showing NZD is over bought and signaling a pull back.
FIB retracement between ,5 and .618 levels
1:3 Risk/ Reward
Please comment your thoughts.
NZDCHF - Potential shortMay be premature at the moment, but if we see some bearish price action at the 0.6710 to 0.6725 area, it could be seen as a lower low and hence good area to go short
(4H) Gartley @ Weekly // Butterfly @ Montly // IF=THEN ®FX:NZDCHF
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
BUTTERFLY
Point B:
78.6% XA
Point C:
38.2% AB
88.6% AB
Point D
161% ext BC
261% ext BC
Targets:
TP1 61.8% CD
TP2 127% CD
Wait for divergence... ;)
Safe Trades;
NZDCHF Weekly Analysis, potential short reversal from 0.68500Hi,
Throwing up another chart from my weekly analysis for any feedback.
A double bottom has formed around the 0.64000 level and is rising. IMO if price breaks through the 0.66600 level resistance should occur at 0.68500. I believe this would be a chance for a reversal set up if a bearish candlestick pattern formed. Eg: High test.
I would be looking to exit around the same level as the double bottom.
By the way I am beginning to analyse all my pairs on the Sunday before the trading week, so make searching for daily set ups more accurate and more efficient. Any advice on that is accepted too.
TIA!
Newzeland NZD OCR reduced to 2.5% NZDUSD Short MoodThe Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.5 percent.
particularly in China.
Combined with increases in the labour supply from strong net immigration,
posting a financial stability risk.
CPI inflation is below the 1 to 3 percent target range,
