NZDCHF trade ideas
NZDCHF bounce expectations
NZDCHF i am have from 29.Aug bullish expectations, at end price is start falling on events from week before and changes in USD are have impact, USD is start more bullish.
In week before we are have consolidation period which we can see its be breaked and now expecting somination of CHF here still and bounce bearish from zone 0.52250
TP: 0.50950 (90)
SL: 0.52450
NZD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
NZD/CHF is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.519 level.
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Bearish drop?NZD/CHF has reacted off the resistance level which is a pullback resistance that lines up with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.52263
Why we like it:
There is a pullback resistance level that lines up with the 23.6% Fibonacci retracement.
Stop loss: 0.52682
Why we like it:
There is a pullback 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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NZDCHF: 2 Bearish Patterns 🇳🇿🇨🇭
NZDCHF formed 2 bearish price action patterns on a daily.
I see a bearish breakout of a support line of a rising wedge pattern
and a violation of a neckline of a head and shoulders pattern.
The pair will most likely drop lower soon.
Next support - 0.519
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Bearish drop?NZD/CHF is rising towards the pivot which has been identified as a pullback resistance and could drop to the 1st support which acts as a pullback support.
Pivot: 0.52360
1st Support: 0.51450
1st Resistance: 0.52833
Risk Warning:
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.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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.
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
Risk Warning:
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.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
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.
Enjoying your TradingView experience? Review us!
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.
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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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