Bearish drop?NZD/CHF is rising towards the resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.52263
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
Stop loss: 0.52833
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.51449
Why we like it:
There is a pullback support level which is slightly above the 50% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDCHF trade ideas
Bear Flag break out on NZDCHFKiwi has struggled to maintain its upside momentum against the Swiss Franc, and the price finally made a new low below the bear flag pattern. Breaking out of the bear flag indicates the continuing downward trend occurring on NZDCHF.
Bullish bounce?NZD/CHF is falling towards the pivot which acts as a pullback support and could reverse to the 1st resistance which has been identified as a pullback resistance.
Pivot: 0.52283
1st Support: 0.51850
1st Resistance: 0.5314
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Bullish rise?NZD/CHF is reacting on the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could rise from this level to our take profit.
Entry: 0.52833
Why we like it:
There is a pullback support level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.52302
Why we like it:
There is a pullback support level which lines up with the 78.6% Fibonacci retracement.
Take profit: 0.53460
Why we like it:
There is a pullback resistance level that is slightly above the 161.8% Fibonacci extension.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
nzdchf Just an idea hereI am not a professional do not follow my trades.
This is just an interesting chart. SNB said something last week about their currency being too strong and there is more then a 50% chance of them doing another rate cut in the near future.
head and shoulders. the resistance break of the right shoulder is the hypothetical support area we would be looking at here.
A break of the hard stop line invalidates this idea.
Thanks
Happy trading
NZD/CHF SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
Previous week’s green candle means that for us the NZD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.503.
✅LIKE AND COMMENT MY IDEAS✅
NZD-CHF Growth Ahead! Buy!
Hello,Traders!
NZD-CHF keeps growing
And now we are seeing
A bullish breakout of
The key horizontal level
Of 0.5268 so we are
Locally bullish biased
And we will be expecting
A further move up
Buy!
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New Zealand Dollar/Swiss Franc Overview - NZDCHFThe labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an avoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on
Within a 100K account balance the split on trade & risk management = 1/10% - 1/20% margin as an execution range, to set up an order entry and select a per trade on average, to avoid any drawdown hit regarding to the stop loss & to execute risk on management specifics. Trail stop efforts are a focus of attention to the set up in general when volatile-price-action is involved, mainly because of the usage of an intraday-scalp-position tool on behalf on the trade plan in general
Key indicators on Trade Set Up in general;
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up
Active Sessions on Relevant Range & Elemented Probabilities;
* Asian(Ranging) - London(Upwards) - NYC(Downwards)
* Weekend Crypto Session
# TREND | TIME FRAME CONDUCTIVE | Daily Time Frame
- General Trend
- Measurement On Session
* Signpost
* Support & Resistance
* Trade Area | Focus & Motion ahead
# POSITION & Risk Reward | 15 Minutes Time Frame
- Measurement On Session
* Retracement | 0.5 & 0.618
* Extension | 0.88 & 1
Conclusion | Trade Plan Execution & Risk Management on Demand;
NZDCHF: Overall Consensus | Buy
Bullish bounce?NZD/CHF is falling towards the support level which is a pullback support that aligns with the 38.2% Fibonacci retracement and could bounce from this level could lead the price to rise to our take profit.
Entry: 0.52788
Why we like it:
There is a pullback support level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.52179
Why we like it:
There is a pullback support level.
Take profit: 0.53773
Why we like it:
there is a pullback resistance level which is slightly below the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZD/CHF Trying To Close Above D Res , Be Ready To Buy It !We Have a very good 4H Closure above our old res area , i prefer to wait fro daily closure to confirm that the price will go up , but maybe we can buy with small lot size with Retest for broken area .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCHF Technical Analysis and Trade Idea👀 👉 The NZDCHF currency pair is currently showing signs of price extension as it nears a critical resistance level. This technical setup indicates a potential corrective movement. Our strategy focuses on identifying opportunities for long positions, particularly if the price retraces to key Fibonacci levels, specifically within the 50% to 61.8% range.
This analysis should be considered within the broader macroeconomic context. The recent interest rate hike by the Bank of Japan has injected significant volatility into global financial markets. As a result, traders should be prepared for continued elevated volatility, which could have a substantial impact on price movements and risk management strategies.
The combination of these technical and fundamental factors creates a compelling trading scenario. However, it is crucial to underscore the importance of rigorous risk management. Traders are strongly encouraged to conduct thorough independent research and carefully assess their risk tolerance before making any trading decisions.
Please note: This analysis is provided solely for educational and informational purposes and should not be interpreted as financial advice or a specific recommendation to execute any trade. 📊✅