NZDCHF Potential Long Setup #3 (High Probability Reaction)

MAIN TIME FRAME: 20H (Directional Bias)
Bullish Bias Confirmed
1.) Long-term trendline break
2.) SuperTrend flipped to green
3.) EMA 14 crossed above EMA 50 after prolonged consolidation
4.) Ichimoku Cloud breakout after extended ranging
5.) Back-to-back Wide Divergences confirmed after resistance break (rare setup)
6.) Fresh bullish structure forming
TRADE SETUP
1.) Support Zone
--> 2 clean rejections
--> Recently formed and aligned with prior structure
--> Previous support/resistance flip
--> Very clear and easy to identify
--> Wide Divergence neckline
--> Right shoulder of an Inverse Head & Shoulders pattern
2.) Candlestick Confirmation
--> Inside bar (short-covering & consolidation)
--> Spinning bottom (indecision at support)
--> Bullish engulfing candle (buyer dominance)
3.) SuperTrend aligned with bullish bias
ENTRY TIME FRAME: 1H
Break of trendline and resistance confirms Wide Divergence on RSI, MACD, and Stochastic, aligned with the bullish 20H bias.
Stop Loss (20H Based)
Below:
- support zone
- Wick rejections
- SuperTrend line
- EMA 50
- Fibonacci 38.2%
(Multi-layer protection)
TAKE PROFIT TARGETS (20H Based)
TP1
- Recent swing high
- Slanted neckline
TP2
- Fibonacci extension 50%–61.8%
TP3
- Fibonacci extension 100%
If you enjoy clean, rule-based, and objective trading ideas, consider following for more high-probability setups.
Your thoughts are welcome in the comments.
Disclaimer:
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading involves risk. Always conduct your own analysis. I am not responsible for any losses resulting from the use of this idea.
Bullish Bias Confirmed
1.) Long-term trendline break
2.) SuperTrend flipped to green
3.) EMA 14 crossed above EMA 50 after prolonged consolidation
4.) Ichimoku Cloud breakout after extended ranging
5.) Back-to-back Wide Divergences confirmed after resistance break (rare setup)
6.) Fresh bullish structure forming
TRADE SETUP
1.) Support Zone
--> 2 clean rejections
--> Recently formed and aligned with prior structure
--> Previous support/resistance flip
--> Very clear and easy to identify
--> Wide Divergence neckline
--> Right shoulder of an Inverse Head & Shoulders pattern
2.) Candlestick Confirmation
--> Inside bar (short-covering & consolidation)
--> Spinning bottom (indecision at support)
--> Bullish engulfing candle (buyer dominance)
3.) SuperTrend aligned with bullish bias
ENTRY TIME FRAME: 1H
Break of trendline and resistance confirms Wide Divergence on RSI, MACD, and Stochastic, aligned with the bullish 20H bias.
Stop Loss (20H Based)
Below:
- support zone
- Wick rejections
- SuperTrend line
- EMA 50
- Fibonacci 38.2%
(Multi-layer protection)
TAKE PROFIT TARGETS (20H Based)
TP1
- Recent swing high
- Slanted neckline
TP2
- Fibonacci extension 50%–61.8%
TP3
- Fibonacci extension 100%
If you enjoy clean, rule-based, and objective trading ideas, consider following for more high-probability setups.
Your thoughts are welcome in the comments.
Disclaimer:
This analysis is for educational and informational purposes only and does not constitute financial advice. Trading involves risk. Always conduct your own analysis. I am not responsible for any losses resulting from the use of this idea.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.