NZDCHF trade ideas
NZDCHF H4 | Bullish bounce off 61.8% fibo?Price is falling to our buy entry at 0.5371, which is an overlap support level, aligning with the 61.8% fibo retracement. Our stop loss is at 0.5345, which is below a swing low support level. Take profit is at 0.5411, which is a swing high resistance level.
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NZDCHF Will Go Higher! Buy!
Please, check our technical outlook for NZDCHF.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.540.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.545 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
NZDCHF: Bullish Trend Continues ๐ณ๐ฟ๐จ๐ญ
NZDCHF is taking off from a key horizontal demand zone.
As a confirmation, the price formed a tiny double bottom on that on an hourly time frame.
We may anticipate growth now.
Goals: 0.5428 / 0.546
โค๏ธPlease, support my work with like, thank you!โค๏ธ
NZDCHF - Breakout TradeI see an interesting reversal play to the upside on NZDCHF. This is a pure technicals play to trade the breakout on this week's session open.
Price fails to push to new highs and signal the start of a potential downtrend.
The massive selloff doesn't push price to new lows so we have a support formation.
Moving average crossover is an early signal that near-term momentum is picking up to the upside.
Upside breakout further supports... well, upside potential.
NZDCHF : Long Trade , 1hHello traders, we want to check the NZDCHF chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 0.54700. Good luck.
NZDCHFNZDCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea
BLEED COMING SOON NZD/CHFNZD/CHF
I will keep everything simple
according to my rules, the market remains corrective until the price clears out 0.54130, but if the market remains under the price zone I keep looking for a sell option. To confirm sell continuation wait for the market to break down 0.53791 before looking for sell.
If this idea is helpful please meet me in the comment section
Thanks
NZD/CHF: Further upside remains on the cardsNZD/CHF: Further upside remains on the cards
NZDCHF confirmed a contracting triangle pattern.
The price is holding very well.
CHF has been very strong for a long period of time and it needs to correct.
However, the CHF strength is not related to the fact that CHF is a strong currency but is related to the problem that SNB keeps manipulating its strength but intervening in the market.
The pattern is bullish and probably this undervalued price can help NZDCHF rising this time.
Thank you and Good Luck!
NZDCHF - Following My Friend - The Trend ๐ฌHello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDCHF has been overall bearish trading within the falling orange channel and it is currently retesting the upper bound / trendline.
Moreover, the zone 0.55 - 0.5575 is a strong resistance.
๐ So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline acting as a non-horizontal resistance.
๐ As per my trading style:
As NZDCHF approaches the upper red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Knowing that NZDCHF can still trade inside the resistance zone before going down.
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF Set To Fall! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5368
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5346
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
NZDCHFNZDCHF exhausting at the horizontal resistance. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a double top structure with a significant bullish divergence( at lower TF) near the solid resistance zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal support.
NZD/ CHF !! Aiming for higher highs during the weekโ๏ธ NOVA hello everyone, Let's comment on gold price next week from , Last week of November
๐ฅ Identify:
Prices are in a long-term upward trend at the end of the year. During the week, the price will adjust downward after reaching the resistance area but will continue to increase to reach a new peak
๐ฅ Technically:
Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows:
Resistance: 0.53950
Support : 0.53350, 0.52900
๐ฅ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
NZDCHF: A Potential Contracting TriangleNZDCHF: A Potential Contracting Triangle
NZDCHF is about to complete a contracting triangle pattern.
The price is still developing the pattern.
So far it is not ready yet but a move above the pattern should increase
the chances for a bigger bullish wave.
CHF has been very strong for a long period of time and it needs to correct.
However, the CHF strength is not related to the fact that CHF is a strong currency but is related to the problem that SNB keeps manipulating its strength but intervening in the market.
Thank you and Good Luck!