NZDCHF LongPattern on M15 and M30
This is against the trend but there is a lot of consolidation
Oversold on all timeframes
Stop loss of 40 pips
Quick trade
CHFNZD trade ideas
NZDCHF - Wait For It...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈NZDCHF has been overall bullish , trading within the flat rising wedge marked in blue.
Currently, NZDCHF is undergoing a correction phase in the shape of a falling channel in red.
Moreover, it is retesting massive support in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green support and lower blue/red trendlines acting as non-horizontal support.
📚 As per my trading style:
As #NZDCHF approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
Bullish trend on NZD/CHF, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 0.544.
✅LIKE AND COMMENT MY IDEAS✅
NZDCHF - Bullish Continuation - Support Trend LineOANDA:NZDCHF is currently trading at the support trend line after retracing in a bullish trend. Price should find support and start trending upwards noting current support is at Daily Fib 0.786 level!
NZD/CHF Bullish Gartley Pattern Suggests Uptrend PotentialBullish Gartley Harmonic Pattern Formation:
The NZD/CHF currency pair is currently forming a Bullish Gartley Harmonic Pattern, indicating potential upward movement. This pattern is aligned with a significant support area, reinforcing our bullish outlook.
Key Support and Trendline Confluence:
The price has received a strong rejection at this key support level, which coincides with a critical trendline and the 78.6% Fibonacci retracement level. This confluence of technical factors strengthens the likelihood of a bullish reversal.
RSI Divergence:
Adding to our bullish sentiment is the RSI divergence observed on the 4-hour time frame. The RSI is showing signs of divergence, suggesting a potential shift in momentum in favor of the bulls.
Trade Setup:
Entry Point: 0.54125
Stop Loss: 0.53460
Take Profit Targets:
TP-1: 0.54790
TP-2: 0.55455
TP-3: 0.56120
Conclusion:
Based on the alignment of the Bullish Gartley Harmonic Pattern, key support area, trendline, 78.6% Fibonacci retracement level, and RSI divergence, we anticipate a potential bullish move in the NZD/CHF pair. Traders should consider entering at the specified entry point with the given stop loss and take profit targets for an optimized risk-reward ratio.
NZDCHF area of interest So I do not advise following my positions.
I am buying NZDCHF here. I am doing 1 lot and i will add another lot to 1.5 lot if price does
in-fact hit that lower trend line. 2.5 lots here is currently paying about 18$ per day in positive carry. The interest differential here is wide and CHF has already implemented two rate cuts causing this pair to go all the way to .56
my targets are .56 and .5680
time horizon, the longer the better. as long as price doesn't make a lower low.
#2872024| NZDCHF Buying opportunity 1:8NZDCHF Buying opportunity Appears in H4 Time Frame Looking Price Action for Long Term Buy
Risk and Reward Ratio is 1:8
After 50 pips Profit Set SL Entry Level
"DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by Carefully Considering your Financial Situation.
Fib ratio and uptrend continuationLooking price the recent structure and using the Fibonacci retracement price could still be in uptrend after a retest of the double bottom from lasts months low, bullish candle and price confirmation patterns could suggest a continuation to the upside with a price trend near Fib zone of 0.618 (0.54229) which is a sweet spot for entries. Price could also reach resistance (0.56209) and confirm a clear and complete bearish Bat pattern
NZDCHF What Next? BUY!
My dear subscribers,
My technical analysis for NZDCHF is below:
The price is coiling around a solid key level - 0.5400
Bias - Bullish
Technical Indicators: Pivot Points Lowanticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.5426
My Stop Loss - 0.5385
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
HERE IS STRONG POSITION WHERE YOU CAN BUY NOWBuy at the level where we place the pending order and here is the strong support where it confirm to test and regain it
NZDCHFThe Chart was printing a bearish trend but there is a divergence and need waiting for the chart to make first HH and Hl.
BULLISH NZDCHFIf you're not in on this trade then I suggest you start longing at this entry price range now... Daily impulse followed by our local pullback/correction in the market points us to the 0.618 golden ratio... Price also sitting and retesting a very strong Supply and Demand zone I could almost guarantee you'll see growth on this one, so traders lets make money here with the institutions hedge funds and big banks!!
NZDCHF Local Bullish Rebound!NZD-CHF is going down
Now but the pair is now
Oversold so I will be
Expecting a local rebound
From the horizontal support
Ahead at around 0.54110 !
NZDCHF - BEARISH MOVE Hello Traders !
The NZDCHF price reached a resistance level !
The Higher Low is Broken (Change of Character).
The support line was also broken
So, I predict a bearish move📉
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TARGET: 0.54230🎯
NZDCHF Long Setup: Buy Entry Near 0.5446/42 on 4-Hour ChartOn the monthly timeframe, last month's price action formed an inside bar, indicating consolidation without a clear bias, although the preceding month closed strongly bullish.
The weekly chart also shows an inside bar with a slight rejection from the bottom, but overall, there's no strong directional bias.
Daily price action reveals two consecutive ranging bars, suggesting opportunities to consider long positions from support levels or short positions from resistance.
On the 4-hour chart, I'm more inclined to go long from the identified support level.
Buy Entry : I plan to enter a long position around 0.5446/42 .
Stop Loss : I will set the stop loss below 0.5436 to manage risk effectively.
Take Profit : The target profit will be around 0.54813 .
Bearish drop?NZD/CHF has reacted off the pivot which is a pullback support and could drop to the 1st support which acts as a pullback support.
Pivot: 0.54475
1st Support: 0.54122
1st Resistance: 0.54745
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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NZD/CHF For Bearish after break current support areawait for break current support area and then go short
- General Trend is Down Trend
- wait for break current support area at green arrow and go short
have fun :)
NZDCHF Will Explode! BUY!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.5447
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.5476
Safe Stop Loss - 0.5428
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDCHF The Target Is DOWN! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5485
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5463
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
Possible sell zoneWe see price broke structure to the downside and is now approaching the supply zone which broke the previous structure. We look forward to seeing a continuation of the bearish trend.
NZDCHFFUNDAMENTAL;NZD stronger than CHF
COT data long/short 72/28 CHF 12/86 %
SEASONAL; NZD bullish in JULY CHD side ways
SENTIMENTAL : long/short 29/71 %
TECHNICAL :break of bearish trend line
printing HH and HL
no bearish divergence
retraced to 0.51 area
near bullish channel bottom and support
ideal buying 0.61
trade at your risk
good luck
