NZDCHF Short Term DowntrendSeveral factors pointing to a drop on NZDCHF from current levels:
- RSI divergence on the recent high
- NO RSI divergence on the recent low
- Blue resistance zone
- Mid-channel resistance zone
Expecting first a test of the bottom trendline, and possibly a breakout to the downside.
NZDCHF trade ideas
NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.540 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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NZDCHFPrice Action Trading
Daily Bias Bullish
Price consolidation at Daily support level for a few days. Finally broken through the consolidation area and pushed higher.
With Fundamental NZD getting stronger and CHF reduce interest rate which weaken CHF.
Long setup ideal at broken resistance at consolidation level, targeting Daily Swing High R:R 1:3.25 with SL below the Consolidation Support Level.
Capture 80 Pips on NZDCHF + Tips for Small vs. Big GainsIn this video, I'm diving into a quick trading opportunity on NZDCHF, aiming to capture a swift 80 pips! I'll also share valuable tips on how to determine when to go for small gains and when to aim for larger ones.
We'll analyze the current market conditions, key indicators, and technical setups that make this 80-pip gain a solid target. Plus, I'll explain my decision-making process and the factors that influence whether to pursue small or big gains.
Join me for an insightful session packed with actionable strategies and expert advice to enhance your trading decisions. Don't forget to like, comment, and subscribe for more high-impact trading tips and market analysis. Let's capture those pips together! 🚀💹
NZDCHF - Entering in Bearish TrendThis pair has shown interesting characteristics and the connection this chart has shown between time frames of 1H, 30m and 15m. I noticed prominent divergence on a 15m time frame which faded away on 30m and 1H time frame. At 1H time frame I managed to plot an ABCD Bearish Reversal Harmonic Pattern and the beauty of harmonic became prominent when the PRZ (Point D) was at the exactly same point where the divergence at a smaller time frame (15m) emerged. Moreover, the chart also made a Double Top reversal pattern which indicated a downward trend. So, on the basis of pure technical analysis and doing it on different time frames to justify the chart behaviour, I placed a pending order of Sell Stop.
The Signal is:
EP: 0.54751
SL: 0.54878
TP: 0.54620
RR: 2%
Lots: 1.44
NZDCHF - In Bearish TrendNZDCHF was in bullish trend earlier (1H Time-Frame) and made a Reversal Pattern of Rising Wedge. The chart had a breakout in the reverse direction making it in a bearish trend. At the moment with 5m time-frame, the chart is making a Continuous Pattern of a Rectangle and probability of bearish breakout is possible. No divergence is observed. Pending order of Sell Stop is placed.
The Signal is:
EP: 0.54492
SL: 0.54607
TP: 0.54380
RR: 1%
Lots: 0.80
NZDCHF: Confirmed Descending channel (bearish)
OANDA:NZDCHF is currently testing a 4 hr resistance of a descending channel
also retesting previously broken of an inner immediate/short term trend support level, which is now likely acting as resistance following the breakout.
price rejecting the golden fib level
I anticipate that the price will soon decline
NZDCHF Will Move Lower! Short!
Take a look at our analysis for NZDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.546.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.544 level.
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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DeGRAM | NZDCHF reversal from supportNZDCHF is moving under the descending channel between the trend lines.
The chart is above the support level, which has already become a reversal point twice.
We expect a rebound after the support is retested.
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NZDCHF - Follow the Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCHF has been overall bearish , trading within the falling red wedge pattern.
Currently, NZDCHF is undergoing a correction phase and it is currently hovering around the upper bound of the wedge.
Moreover, it is retesting the previous major low marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green low and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #NZDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top 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
NZDCHF - Short after filling the imbalance !!Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. My point of interest is if price continue the retracement and fills the imbalance higher, then rejects from FIBO 0.705 level + institutional big figure 0.55000.
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NZDCHF: Your Detailed Trading Plan 🇳🇿🇨🇭
NZDCHF is testing a key daily horizontal resistance.
To short the market with a confirmation,
wait for a bearish breakout of 0.5457 on a 4H.
It will be an important sign of strength of the sellers.
The market will drop then at least to 0.544
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Quick NZDCHF Sell TradeJust kicked off a sell trade for NZDCHF, targeting the 0.54635 level. This is a short-term move, and the chart shows some recent volatility, suggesting a possible dip.
My strategy, which I’ve fine-tuned for these kinds of setups, points to a drop towards 0.54635. I’m expecting some quick fluctuations, but overall, I think we’ll see the price move down to hit this target soon—potentially within the next day or two.
I’ll be watching closely and might add to my position if there are brief spikes up. Keeping leverage low to manage risk, but the plan is to capitalize on this short-term movement.
This approach is all about catching the quick moves and taking advantage of the immediate price action. Fingers crossed for a swift ride to 0.54635