NZDCHF trade ideas
Trade Plan (Pending): I am selling NZD/CHF at 0.5464
Risk aversion resulted in traders buying the safe haven Swiss Franc (CHF) yesterday. This morning, we are seeing a mild reversal in sentiment.
NZD/CHF - forming a Bat pattern. We are currently assessed as trading within the BC leg. The one-hour chart highlights an order block between the swing high of 0.5574 and 0.5461. Bespoke resistance is located at 0.5465.
Although the immediate bias looks bullish, I look for rallies to be limited. Selling at 0.5464 (bespoke), with a stop loss of 0.5480 (above the previous swing high), targeting 0.5386 (Bat) offers a risk/reward factor 4.97R.
This trade plan expires at 1:00pm GMT (one hour and 20 minutes from now)
Selling at 0.5464
SL: 0.5480
TP1: 0.5386
R rate of 4.97R
#tradeplan #NZDCHF
Buying NZD/CHF (New Zealand Dollar vs Swiss Franc)FX:NZDCHF NZD/CHF: Bulls Roaming Free in the Land of Watches
A break above 0.53718 could trigger an upward spiral for NZD/CHF.
First target is 0.54500, followed by 0.55300 - be ready to lock in profits at these levels!
R emember:
Watch out for the market whales! Stay tuned for economic news and events.
Manage your risk wisely. Don't go all-in - enter with a small position size.
This is just a suggestion, always do your own research before entering any trade
Sell NZDCHF Rising WedgeThe NZD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a rising wedge pattern. This pattern, despite an initial upward angle, is often seen as a bearish reversal signal.
Key Points:
Rising Wedge Breakout: The price has been trading within a rising wedge pattern characterized by converging upward trendlines. While the initial trend appears bullish due to the rising trendlines, this pattern can often be a bearish reversal signal. The recent break below the lower trendline signifies a potential confirmation of a downtrend continuation.
Sell Entry: Consider entering a short position around the current price of 0.5425, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels: The initial bearish target lies at 0.5390, which represents the support level before the wedge formation. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order above the broken resistance line of the wedge, ideally around 0.5445. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
NZDCHF Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5394
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5411
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
NZD/CHF BEARS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.533.
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NZDCHF Technical Analysis! SELL!
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5426 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5407
Safe Stop Loss - 0.5434
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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NZDCHF: Bearish Continuation & Short Signal
NZDCHF
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCHF
Entry - 0.5442
Sl - 0.5456
Tp - 0.5416
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
If we reach to 0.53980, there is a high chance of uptrendIf we reach 0.53980, there is a high chance of an uptrend till 0.54500
📢 Signal: BUY NZDCHF 📈
Entry Point: 0.53980 🔍
Take Profit Targets:
- TP1: 0.54290 🎯
- TP2: 0.54460 🎯
SL: 0.53760 ⛔️
Ensure proper risk management when following signals! 💡
@Mr_Bombastic_Signal
NZDCHF Possible Sells ?I'm probably crazy, Yeah I know
What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy.
Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that doesn't mean I am simply interested in doing the exact opposite of what I think everyone is doing. It simply means trying to have my own opinion, one that isn't afraid of being judged because it is different.
I'm not here to be liked, I'm here to win trades, and even if this trade doesn't win, that's fine there will be others, at least I know I've tried to have a unique perspective on what it is I am seeing
Let's see what happens on NZDCHF in the next few hours or so
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 evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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NZDCHF BUYUpon analyzing the NZDCHF currency pair chart on a 4-hour time frame, it is observed that there has been a notable break in the trend line in the upward direction. This breakout suggests a potential bullish momentum in the market.
The strategy employed involves taking trades when the market retraces after the initial breakout. This approach anticipates the continuation of the upward trend with the next wave expected to move in an upward direction.
By identifying and capitalizing on retracements within the overall upward trend, traders aim to enter positions at favorable prices before the market resumes its upward trajectory.
It's crucial to exercise caution and employ risk management techniques to mitigate potential losses, as trading involves inherent risks. Additionally, staying updated with market developments and adjusting strategies accordingly is advisable to adapt to changing market conditions.
In summary, the analysis of the NZDCHF currency pair on the 4-hour time frame indicates a bullish sentiment following the breakout of the trend line, with a strategy focused on trading retracements to capture potential upward movements in the market.
NZDCHF Expected Growth! BUY!
My dear friends,
My technical analysis for NZDCHF is below:
The market is trading on 0.5371 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5388
Recommended Stop Loss - 0.5360
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK