Broken channelDowntrend channel was broken up. Price is testing the new support. Good time to open a long position. SL below the previous green candle, triggers if a red daily candle closes under it. On the other hand we have a rounding bottom, not a big one but was enough to break out the channel.Longby ArturoLUpdated 114
NZDCHF - BULLISH CONTINUATIONThe currency pair is trending in a bull trend. An upward channel has been formed indicating bullish continuation. There is no any divergence hence no weakness is seen so far. Also, bullish ABCD pattern is also seen indicating strength of bulls till PRZ is achieved.Longby aatifbabar860
NZDCHF PlanFirst thing we are doing is longing it to its PRZ area. We have set the 1:1 risk ratio and after that at PRZ we will look for a divergence as per the Harmonics and if it forms the divergence then we will short it on reversal pattern or on simple Dow theory on LH and LL. We are trading Harmonics in this and other information is on the chart. You can see the chart if you have any doubt. Thank youLongby aarishpasha8341
NZDCHF Price has tapped into our extreme POI and I would consider having a short position I will take partials along the way and let the rest run risk free. Let me know what you guys this down bellow .Shortby ObamaFx335
NZDCHF H4 | Bouncing off support level?Based on the H4 chart analysis, we can see that the price is falling toward our buy entry at 0.5255, which is a pullback support level. Our take profit will be at 0.5286, a multi-swing high resistance level. The stop loss will be placed at 0.5214, a multi-swing low level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Longby FXCMUpdated 5
NZDCHF ANALYSIS.The price is in a key resistance and the price has also started to move aggressively a possible sign for a sell.by Blackabyss0
A Symphonic-PatternSymphonic Pattern : Probable pattern with strong and repeatable probability in the markets. This type of pattern is obtained based on mathematical and statistical calculations on past pivots and waves.Shortby reza_mirshahi1
NZDCHF-bias shortBearish indications: Major resistance respected. Double top formation. Bearish divergence. Bearish engulfer candle from resistance. Bullish indications: HHHL Trade plan bias short @ 0.52756 SL:0.52929 TP1:0.52591 TP2:0.52476 Shortby gouthamkulal1Updated 1
NZDCHF POTENTIAL SELLING OPPORTUNITYMy bias is to the downside, we can see that sellers are accumulating their position already in the 1hr timeframe, there is also a 1hr rejection of the recent high already; additionally the low that create the previous high has been taking out can seller be able to push the price lower?, drop your opinion in the commentby AMBAFX1
NZDCHF Reaching Bearish LowsNZDCHF it's been a long time with this one. The NZDCHF appears bearish at H1. Some caution over the 0.52115: - the price can bounce up from there or break through it. The next candle should be bearish regardless of green or red. Conclusion: Monitoring required, it's moderate risk, and bearish interests only.Shortby KhiweUpdated 112
11th of SEP. 2023 Forex AnalysisAlways trade the trend. No matter how attractive the market might seem, do not be tempted to trade against the trend. Yes, at some points, the market goes in your favor when you trade against the trend but on the long run, you loose more money than expected. BE DISCIPLINED !!!08:13by TRADE2PROFIT_ACADEMY1
NZDCHF H4 - Waiting a SELL ConfirmationNZDCHF H4 - Waiting a SELL Confirmation waiting confirmation. i only expect a good long short wick from the selling zone to open an entry. its "untouched zone", high risk entry but high RR.Shortby foureyescoder1
NZDCHFNZDCHF making higher high and higher low and there is also come for retrecment of fib level (0.68) and at fib level there is also trendline setup.Longby Money_trades4
NZDCHF: TECHNICAL ANALYSIS.Hello traders, Wave 5 is supposed to end at 0.51899-0.51570 zone. Then ABC Correction is supposed to materialise towards the resistance zone at 0.62230. Thanks.Longby MASTERPIECE101
NZDCHF Potential DownsidesHey Traders, in today’s trading session we are monitoring NZDCHF for a selling opportunity around 0.52800 zone, NZDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.52800 support and resistance zone. Trade safe, Joe.Shortby JoeChampion2222
StillStill holding my long, haven't set anything to break even just yet but I will when a higher high has been made. This is a swing trade and I will be holding for a least two weeks.Longby Waves-Fib4
NZDCHF - W H4 M15 ShortWeekly IRL taken Strong H4 bearish market structure shift Want to see strong m15 bearish shift from one of the H4 SIBI's. Target Weekly ERL.Shortby Tradius_Trades1
NZDCHF-bias long Bullish indications: Inverted head and shoulder pattern. Resistance has broken. Bullish divergence from the major support. Morning star candle from the higher low and the support. Higher low point was fib level 0.5 Trade plan bias long -Sell limit @ 0.52593 SL:0.52529 TP1:0.52653 TP2:0.52653 Longby gouthamkulal1Updated 223
Pontential buying opportunies on NZDCHFRetest of previous resistance, the market kept showing the failure to break the last lows of the market as it went up and broke the last low which in this case is the resistance line I draw now the truth is I wouldn't take this trade even though it shows high possibility of buying the only reason for is that It did not restest the way I anticipated it would thus leaving me uncertain. by M_1234-zondo2
NZDCHF Short-term bullish continuationOn Thursday price manage to form a bullish strong candle which as a result broke 4H bearish market structure to the upside, since then price been in bearish corrective move and testing broken structure which now acting as important support for the price and price already rejected twice from this area. For more confluences we can see price is close to 61.8% #fibonacci level and 1H EMA200 both acting as support for the price and possible turning point for the price. In order for me to take a long position on this chart I want to see price taking liquidity from the recent low which I drew an arrow from it and failing to close below the arrow and also forming some form of bullish candle stick pattern such as #hammer #bullish engulfing or #morning_star to be convinced to take a long position Longby mohemati1
#NZDCHF | Buy Opportunity | Potential 1.2RR#NZDCHF | Buy Opportunity | Potential 1.2RR WE ARE IN A LONG TERM DOWNTREND, but it is looking like a little relief bounce and pullback here - with an expanding rising wedbe this will likely continue down but a little long trade here is looking quite nice. ENTRY | 0.52538 TARGET | 0.52927 STOP | 0.52213Longby Kryptochristian16169
NZDCHF--bearishHead and shoulder pattern Bearish Divergence Bears are taking control take sell stop Short Entry after breaking H&S necklineShortby khizar62abbas1
Immediate sell with one to three risk and rewardConsidering the downward trend and correction of the price, we expect a drop from the resistance range aheadLongby Hunter5450