NZDCHF bullish, anticipates reversal due to divergence.NZDCHF shows bullish momentum, yet divergence suggests potential reversal. I foresee it signaling a shift towards bullish trend.
NZDCHF trade ideas
NZDCHF - Bearish Momentum DivergenceNZDCHF has recently broke through the Daily 200 EMA and will likely want to retest it after a recent bullish run.
It is experiencing indecision in the 1 and 5min timeframes which often precede a new energetic move.
The MACD is also painting a Bearish Divergence indicating a slowing down of momentum.
NZD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
We are going short on the NZD/CHF with the target of 0.538 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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Short-term trading strategyShort-term trading strategy when NZDCHF goes high
there will be a rebound and decline}
please wait
A quick sell on NZDCHFMoving Average:
Against Daily MA
H4 pointing upwards
Pattern:
AB=CD pattern
Strong resistance at 0.5430- 0.5440
30 pip stop loss.
70 pip target
This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation
✅NZD_CHF SHORT FROM RESISTANCE🔥
✅NZD_CHF is about to retest a key structure level of 0.5440
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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NZDCHF: China Temporary Bottom and New ZealandFundamentals:
New Zealand and China: How China Will Influence New Zealand's Currency
Pessimism regarding China's economy has reached its highest point for the past year.
According to the Wall Street Journal, FDI in China grew in the smallest record since 2004 (two decades): www.wsj.com
I believe that there will be a temporary recovery this quarter and the second quarter.
This will affect Australia and New Zealand's economy in a positive way.
Technicals:
Monthly Extremes
Monthly Engulfing candle
RSI extreme
Daily Stage 3 buying pattern
broken trend line
Selling bias in NZDCHFI've done 1 day analysis on NZDCHF. According to my analysis I'm seeing a selling opportunity in NZDCHF but before taking trade we'll have to understand the price action.
Price taking 2 time resistance around 0.54000-0.54200 area.
Before taking any trade we'll have to understand price is extremely good bullish momentum in February so get into a trade only after full confirmation in lower timeframe.
DO LIKE SHARE FOLLOW
NZDCHF..BUYFX:NZDCHF BUY position can be taken in the specified area
There is no position before the area
NZD/CHF BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.533 level.
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NZDCHF-BEARISH TRENDNZDCHF tested its daily desending trendline and resistence and made a bearish divergence there,so it is most likely to go down.
NZDCHF bearish idea on 4HPair is touching daily bearish trendline which has touched prices 4 r=times and each time price pushed downwards, + bearish divergence appeared exactly on this trendline.
Sell-Stop entry planned accordingly.
✅NZD_CHF POTENTIAL SHORT🔥
✅NZD_CHF surged again to retest the resistance of 0.5383
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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NZDCHF BUYbreak of structure, Bullish order block (launch pad), Mac D flip, bullish swing
take profit and stop loss is posted on the chart.
use proper risk management. happy trading
Reversal Pattern in NZDCHF in BULLISH TRENDReversal Pattern in NZDCHF in BULLISH TREND. Bullish Trend is going on but there is a reversal pattern so I am doing Short. Also it is very much safe because it is under 0.382 level.
NZDCHF...BUYFX:NZDCHF LONG position can be taken in the specified area
There is no position before the area
BuyLook for buys in this pair the bulls are gaining momentum any downward correction should be seen as an opportunity to buy
NZDCHFNZDCHF bearish idea, trend is bullish but there is a divergence and price make a double top, if price break it's neckline which mention on chart then there is our entry, stop loss and target mentioned on chart.
NZDCHF LONG SETUP NZDCHF had been in a downtrend for months however, it seems to have broken above the trendline thus indicating a bullish continuation. TP and SL are marked. Always follow risk management. The market is volatile so better reduce your risk size.
NZDCHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527 area.
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A short term high reward NZD/CHF sellthe market has completed a running flat in a x wave of wxy. from our indexes we know that the currencies will diverge therefore makes this trade very attractive.
