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Nzdchfsignal

NZD/CHF Could we see a small retracement equal to 150pips?The price looks like it could easily make a retracement according to the Monthly chart of at least 150 pips In Monthly: The price is currently in demand zone. We could see a rejection of this demand. If we want to measure the possible retracement all we have to do is take the fibonacci from high to low of the current impulse. Doing so we can clearly see that the .5 fibonacci level is in good confluence with previous structure. We could expect a retracement at least to the .50 In weekly The price is over extended. When price is over extended we could expect a correction. To measure the correction we have to use the fibonacci in the current impulse. The .618( golden level) is in confluence with the weekly structure as well monthly structure. In Daily The price have created an inverted head and shoulder which means a possible reversal of price action.
Long
by Wiiso
NZDCHF LONGAs we can see the pair ( NZDCHF ) is moving in a descending channel on the 4Hour and Daily Time frame, the pair has bounced from the support level and lower trendline of the descending channel , we expecting a retest of the levels shared on the chart. Please enter the trade from the ENTRY LEVEL. We taking this trade based on technical analysis and price action. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share with your friends for more useful content, the more the followership the more free analysis we shall post.
Long
by Pro-Trading-Africa
NZDCHF - GLobal uptrend Preconditions - local uptrend - global uptrend - accumulation (blue zone) - triangle break up - key zone You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
8
NZD/CHF Major Trendline BreakoutThis broke above a major trendline last week and has now retraced to test the trendline again. If this continues to drop then it will just be a false breakout but momentum seems to be with this as NZD is strong at the moment and CHF has not been great. Looking for this to turn higher from current price or slightly lower at 0.382 Fibonacci. Also need to see EMA's cut back for long before entering a trade. Target 0.66047 although there is resistance between current price and there so there could be some hold up in that area.
Long
by olly48