------------------- Technical Analysis: CHF/NZD ---------------------------
XABCD Harmonic Pattern Formation:
The CHF/NZD currency pair has recently exhibited the formation of an XABCD harmonic pattern, suggesting a potential reversal in price action. This pattern, characterized by specific Fibonacci ratios between consecutive price swings, has reached...
Hey Traders!
Here's an exciting update: We're looking at a promising bearish opportunity, with a target of at least 5283, and potentially even more. The market trend seems firmly bearish, and we've got an engulfing candlestick pattern confirming our entry point. The recent daily rebound off the 50-day moving average indicates that sellers are still active. Plus,...
Hello,
Welcome to this analysis about CHFNZD, we are looking at the 45-minute timeframe perspectives. As I discovered in the last times CHFNZD has formed this main descending-channel-formation in which it has a coherent wave-count with the waves A to C almost already completed and now with the wave C testing the lower accumulation-channel marked in green in my...
The Swiss Franc/New Zealand Dollar completed the fifth wave after it managed to break the downtrend line and form a double-bottom pattern.
I expect the Swiss Franc/New Zealand Dollar will go up at least to resistance lines in the next days.
🔅Swiss Franc/New Zealand Dollar Analyze ( CHFNZD ) Timeframe 4H⏰.
Do not forget to put Stop loss for your positions (For...
I expect the Swiss Franc/New Zealand Dollar goes up to my PRZ(Price Reversal Zone) and then reverse from that zone to the support zone.
🔅Swiss Franc/New Zealand Dollar Analyze (CHFNZD) Daily Timeframe ⏰.
🔴Price Reversal Zone (PRZ): 1.7375NZD - 1.7155NZD
🟢Support Zone: 1.6520 NZD - 1.6430 NZD
Do not forget to put Stop loss for your positions (For every position...
Indeed. Again, we pivoted just two days ago or so and are heading down. Goals are in purple, invalidation in red. And ofcourse, as always, do not take anything I say, including this update, as financial advice. I may be scoring 70-75% success on my predictions, but this does not mean you should listen to what I say. In any case, do you own research always!
CHFNZD
Broken trend line
1 - 1.594
2 - 1.557
3 - 1.488
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Waiting for your comment, what do you think about this?
Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
chfnzd found support from previous structure and created a bullish flag pattern which broke out very nicely, price than created HL's and HH's which were respected.
Waiting for one more leg up so it hits TP 2
Today, my attention was grabbed by a non-conventional pair- CHFNZD. It seems like it has just re-bounced from a major support level as can be seen from the screenshot. The daily candle is a bearish rejection- pinbar-like. It seems like a new bullish wave is about to form. I will be closely monitoring this pair for a retracement towards 1.4135 and a possible long...
Price making a double top at .71800 resistance level.
Not making a higher higher - 4 hour showing bearish momentum.
the MACD 4,9,3 breaking previous support level.
RSI showing NZD is over bought and signaling a pull back.
FIB retracement between ,5 and .618 levels
1:3 Risk/ Reward
Please comment your thoughts.
