7 Dimension Analysis For NZDCHF 🕛 TOPDOWN - Navigating a Bearish Market with Strong CHF Dominance
Overview: CHF stands as a dominant force in the forex market, consistently overpowering NZD according to historical data. A crucial breakdown in the monthly structure, especially in August, has placed this pair in a post-breakout scenario for the past four months, signaling a looming substantial selloff. On the weekly chart, the market is in a bearish buildup, struggling to surpass previous high levels and experiencing rejection from a significant supply zone.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Initial Impulsive
🟢 Inducement: A noteworthy move from the point of interest, followed by a deep pullback completed with an Institutional Funded Candle (IFC).
🟢 Internal Structure: Liquidity sweep indicates a strong reversal. Extremes in overbought conditions have been mitigated, signaling a strong sell.
🟢 Resistance/Supply Areas: Multiple confluences, including resistance, supply, distribution, and premier, are aligned, suggesting a potent reversal zone.
2️⃣ Pattern
🟢 CHART PATTERNS
Descending Triangle: Signaling bearish continuation.
Shakeout Continuation: Supporting the bearish bias.
🟢 CANDLE PATTERNS
Key Observations:
Record session count with five consecutive bullish candles, ending with shrinking long wicks.
Inverted Hammer and gravestone Doji, indicating indecision and potential reversal.
Climax player activity is notable.
3️⃣ Volume Spread Analysis (VSA): Indicates a high number of sellers at the current point.
4️⃣ Momentum RSI:
🟢 Momentum State: Bullish to sideways.
🟢 Range Shift: Bullish to sideways with loud moves, suggesting a 90% likelihood of further downside.
🟢 Loud Moves: Completed their cycle, preparing for further downside.
🟢 Overbought Rejections: Count of 1.
🟢 Grandfather Father Son Entries: 50% probability setup.
5️⃣ Volatility Bollinger Bands:
🟢 Bands above the middle band.
🟢 Squeeze initiating volatility compression.
🟢 Head fake done with the upper band.
🟢 W pattern completed.
🟢 Band Puncher at the upper band, a powerful reversal signal.
6️⃣ Strength - ROC Values: Equal at the point.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Extreme OB rejection.
☑️ Candles Behavior: Bearish long wicks, gravestone Doji.
☑️ Trend Line Breakout: Awaiting confirmation.
☑️ Final Comments: Waiting for a sell signal.
💡 Decision: Short this pair upon tomorrow's open on trend line breakout and H1 churn.
🚀 Entry: 0.5375
✋ Stop Loss: 0.5529
🎯 Take Profit: 0.50
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:5
🕛 Expected Duration: 60 days
SUMMARY: The analysis maintains a bearish perspective, emphasizing potential for a substantial selloff. The strategy involves shorting the pair upon confirmation of a trend line breakout, with various indicators aligning to support the bearish bias. Considerations include multiple confluences at resistance areas and the completion of a W pattern at the upper Bollinger Band, reinforcing the expectation for a downward move.
Nzdchfsignal
NZDCHF : Long Trade , 1hHello traders, we want to check the NZDCHF chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 0.54700. Good luck.
NZDCHF ____ INCOMING BEARISH MOVEHello Guys,
NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside.
Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the 1-hour timeframe, I will go short.
Follow for more updates like this.
Cheers,
Jabari.
NZDCHF Long Term Selling Trading IdeaHello Traders
In This Chart NZDCHF HOURLY Forex Forecast By FOREX PLANET
today NZDCHF analysis 👆
🟢This Chart includes_ (NZDCHF market update)
🟢What is The Next Opportunity on NZDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCHF ____ INCOMING BULLISH RALLYHello Guys,
Just like my CADCHF analysis (inserted below), NZDCHF has been dumping like forever but last week, it printed a CHOCH on the daily timeframe. It only makes sense that this pair retraces even though it might want to continue the bearish move. But for now, I speculate that we might see a bullish rally.
Also note that this pair is trading at the extreme price point, so it is only expected that at some point, there will be exhaustion in the bearish price movement for the bulls to enter.
I will be waiting to see a CHOCH on the 1hour timeframe before going long
Follow for more updates like this.
See the CADCHF analysis below
CADCHF ANALYSIS
Cheers,
Jabari
NZDCHF ____ INCOMING BEARISH MOVEHello traders,
Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray.
For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short.
See my profile for more analysis.
Follow for more updates like this.
Cheers,
Jabari
NZDCHF : Long Trade , 1hHello traders, we want to check the NZDCHF chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to maintain the upward price trend and cause further price increases. If the price increases, we expect the price to grow to around 0.52600. Good luck.
NZDCHF Buy TF H1 TP = 0.5527On the hourly chart the trend started on July 12 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 0.5527
But we should not forget about SL = 0.5415 .
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
NZDCHF- Future of the the pair yet to be decided!Dear traders, Bears have failed to break through the recent lows, indicating the change of the character to occur in coming days or weeks. Firstly, we need to wait and see how price behave in the coming week. If we see strong bullish price action, we can see a strong ‘bullish impulse’. If price fails and bears keep the selling momentum as it is then we will see another strong bearish impulse.
NZDCHF ____ INCOMING BEARISH MOVEHello Traders,
I did an analysis on this pair some days ago (inserted below). My bias hasn't still changed.
I still speculate that NZDCHF will make it to TP. Not to be rigid or dogmatic in my approach, but the market structure as of today supports the bearish move.
Also, NZDSGD which is a correlated pair is having same bearish structure.
You may want to keep this on your radar.
Follow me for more updates.
NZDCHF Previous Analysis
NZDSGD Correlated Pair
Cheers,
Jabari
#NZDCHF- 150+ INTRADAY BUY SETUP#NZDCHF is in bearish direction since a longer period now where we are seeing price to reject strong and filled up the liqudity before it drops further. There is a strong chance that price may finally reverse from our zone and continue the bullish momentum for another two to three months but it is very unlikely as DXY is extremely bullish at the current market condition.
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NZDCHF Sell TF H1. TP = 0.5457On the hour chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.5457
But do not forget about SL = 0.5533
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
NZDCHF Long Term Buying Idea Hello Traders
In This Chart NZDCHF HOURLY Forex Forecast By World of Forex
today GBPCAD analysis 👆
🟢This Chart includes_ (NZDCHF market update)
🟢What is The Next Opportunity on NZDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.