NZDCHF BUY IDEA FAILED SWINGBUY @0.58299
STOP @0.58299 (45 PIPS)
TAKE PROFIT @0.59302
TRAIL @0.58073
Nzdchftradeidea
NZDCHF LONG! 4Hr IdeaCheck comments section for future updates on idea.
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QUICK ONE! | HEDGE THIS 50pips TRADING POSSIBILITY ON NZDCHFSee the chart for the explanation.
This is a follow up on the speculation published earlier (see link below)
NZDCHF short ideaWe'll be expecting to short NZDCHF at the previously broken resistance, the pair has more tendency to go downwards...
Bearish engulfing at resistance# Resistance level reached
# Bearish engulfing completed
# Trading back down to support
Shorted @ market price 0.65750
# SL above bearish engulfing @ 0.66105
# TP lower @ previous lows 0.65308
To learn the dynamics behind the analysis, please join my mailing list using the link below zc.vg
As usual don't bet the farm. Good risk management won't kill you but the lack thereof could!
NZDCHF NZDCHF view as on D1
The triangle pattern marked is indicated by the MT4 indicator Markup Buddy. This indicator is excellent in drawing key support and resistance levels where chart patterns then come forward.
# For more information on Markup buddy please read here www.profitfxza.com
See my analysis below while using this tool:
# Price has printed a buy signal on H4 off the support trend line
# Higher lows and equal highs are formed indicative that the bulls are in control over the bears
I have bought at market price @ 0.67610 with
# SL below the support trend line @ 0.67001 and
# TP higher up at 0.68963 just below resistance
As usual don't bet the farm, good risk management won't kill you but the lack thereof could :)
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NZDCHF H4 - Ascending triangle pattern spottedCheck out the ascending triangle pattern and more interestingly the bullish inside bar pattern.
IF the current candle closes bullish above the inside bar pattern it is a price action buy signal.
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