NZDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5534
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 - 0.5506
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
CHFNZD trade ideas
NZDCHF LONGPrice Action Day Trading
H4 Bias: Bullish
H4 created a new high and higher low breaking and closing about previous swing high.
H1 TF, Price retrace back to H1 support level targeting Daily Swing high.
Setup: H1 support & broken bearish Trendline confluence area is a good spot for set up for long trade. Targeting Daily swing high 1:10 RR with SL slightly below the support level
NZDCHF-Position for LongThe pair broke it's downtrend on 4H timeframe and made a HH. Currently the pair is on it's way to print it's HL at 0.38 fib retracement (high probability). After hitting the fib level wait for some bullish candle foramtion before taking an entry. The mentioned levels are of fib retracement with SL and TP.
Heading into an overlap resistance, could it reverse from here?NZD/CHF is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support.
Pivot: 0.55294
1st Support: 0.54666
1st Resistance: 0.55747
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NZDCHF is BullishPrice was in a strong downtrend, but now bulls seem to have woken up and are trying to gain control. After the emergence of bullish divergence, a couple of higher highs have formed indicating that a bullish reversal is on the cards. If previous higher high is broken, we can expect a bullish rally. Targets are mentioned on the chart.
NZDCHF I Pullback and possible swing long continuation Welcome back! Let me know your thoughts in the comments!
** NZDCHF Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
NZDCHF Set To Grow! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5520 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5563
Safe Stop Loss - 0.5491
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
NZD/CHF may fall 19 - 28 pipsOur pivot point stands at 0.5536.
Our preference
The downside prevails as long as 0.5536 is resistance.
Alternative scenario
Above 0.5536, look for 0.5550 and 0.5559.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.5537 and 0.5539). Finally, the NZD/CHF has penetrated its lower Bollinger band (0.5521).
Supports and resistances
0.5559 **
0.5550 *
0.5536 **
0.5531
0.5519 last
0.5500
0.5491 **
0.5483 *
0.5474 **
Number of asterisks represents the strength of support and resistance levels.
NZDCHFIs NZDCHF exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.5400
What you guys think of it?
NZDCHF BREAKOUT AND PULLBACK ON KEY LEVELWe recently observed a significant breakout and rally at a crucial level, followed by a price reversal back toward this key level where the initial breakout was confirmed. We now anticipate a retest of this level, expecting it to act as a support zone before another bullish reversal occurs.