NZDCHF: Bearish Forecast & Outlook
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction.
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NZDCHF trade ideas
NZDCHF Is Going Down! Sell!
Here is our detailed technical review for NZDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.520.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.519 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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How To Use Multi-Timeframe AnalysisHey,
In this video, I dive into the methods of multi-timeframe analysis, exploring how to use daily, weekly, and monthly charts alongside intraday charts like the 4-hour to gain a clearer picture of price movement.
Multi-timeframe analysis helps you view the same data through different lenses, allowing you to make predictions across various time horizons.
For example, a weekly trend or a monthly move can appear as a complete trend on lower timeframes.
By integrating these perspectives, you can better understand what price action is indicating and make informed decisions.
Kind regards,
Max
NZD/CHF: Bearish Setup on WatchFor this idea, I’m watching for a potential move lower in NZD/CHF if price maintains below the key resistance levels.
📉 Market Context:
The bearish trend remains intact, with price consistently failing to break higher and forming lower highs.
Key resistance is marked at 0.52233, where the stop-loss is positioned to invalidate the bearish scenario.
Price is currently consolidating just below a minor level at 0.51956, suggesting a potential continuation downward.
Targeting the next support level at 0.51400, a significant area where buyers could potentially step in.
🎯 Plan:
Entry: Looking for bearish momentum to hold below 0.51956.
Target: 0.51400, the next significant support zone.
Stop-Loss: Set at 0.52233, ensuring proper risk management.
🧠 Psychology Tip: "Clarity builds confidence." 📌 A well-defined plan reduces hesitation and helps you stick to your analysis. Focus on what the chart is telling you, and let the market come to you.
What’s your take on this setup? Let me know your thoughts below! 👇
Heading into 50% Fibonacci resistance?NZD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and a reversal from this level could indicate a double top pattern which might lead to a potential price drop to our take profit.
Entry: 0.52198
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 0.52375
Why we like it:
There is a pullback resistance level that aligns with the 127.2%^ Fibonacci extension.
Take profit: 0.51805
Why we like it:
There is a pullback support level.
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NZDCHF Technical Analysis! BUY!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5193 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5207
Safe Stop Loss - 0.5186
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
NZDCHF Poised for a 400 Pips Profit PotentialNZDCHF Poised for a 400 Pips Profit Potential
NZDCHF has been creating a complex structure since August 2023.
The lowest low was established near 0.4943, making NZDCHF significantly undervalued across the currency board.
The price is holding strong above 0.5200, which is also a strong psychological price zone.
NZDCHF is ready to begin a larger bullish wave with a potential of over 400 pips.
You May Watch The Video For Further Details!
Thank you and Good Luck!
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nzdchf sell-the projection in Daily shows a rejection level at 50% Fibonacci
-H4 the structure is bearish with lower highs and a crossing of EMAS 21 and 50
-H1 draw a Fibonacci in the last leg of the structure indicating rejection at 61.8%
ENTRY: first engulfin candle
TP: based on daily support level giving a 1:3 RR
SL 18PIPS
TP 57PIPS
NZDCHF Will Go Up From Support! Buy!
Here is our detailed technical review for NZDCHF.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 0.520.
Considering the today's price action, probabilities will be high to see a movement to 0.521.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Trade idea - NZDCHF Long4H
Inverse Head & Shoulders potentially in play.
Clear support & resistance zone is there.
Interesting scenario from a 1H perspective as well with an Inverse Head & Shoulders pattern as well.
Corrective approach towards entry zone.
-68 Fibonacci completion aligning with entry zone.
= Confirmation to enter. Instant market execution Buy.
1.5% risk.