the previous support has broken and price started to fall we expect more bearish movements with 2 targets.
NZDCHF is showing bearish trend continue along with the price synced with the RSI while showing the bearish flag formation. We will place sell stop order along with SL and TPs.
NZDCHF is at supply zone so possibly short as the previous support is now strong resistance to break.
Short CBO to the weekly lows Daily is making LL / LW following the daily 50ema as well.
Weekly, Daily bearish, daily trendline. On the 4hoursm there is an impulse move. And it is normal that after an impulse there is a retracement. there is a confluence of the 78.6 fibs and trendline. If price can retrace to that area that will be a trade to take.
NZDCHF Hit the resistence level and reverse Expected price 0.56421
WOHO +60 Pips in NZD/CHF From The Free Trade I Shared Yesterday
Here is my view for NZDCHF on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
NZD/CHF Has Many Entry Reasons So Don't Miss This Video
Price touched the trendline multiple times, will it continue downwards? Or will there be a change in direction?
Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
NZDCHF sell Entry : 0.58240 Stop : 0.58904 , Target1 : 0.57581 , Target2 : 0.56908 Risk/Reward Ratio : 2
✅NZD_CHF went up to retest a horizontal resistance level Which makes me locally bearish biased And I think that a move down From the level is to be expected Towards the target below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Our first Major Target comes in at over 7.5r We are often asked what the concept of R or R:R means. Simplified it means for ever $100 RISKED we are looking to get back 7.5 times more, so therefore in the case of this trade we are looking for $750 for each $100 dollars that we are risking. Feel free to send us any of your questions that you have we are here to...
NZDCHF M Formation beautifully. Price broke below and showed strong downside to come. 200 > 21 > 7 MA RSI <50 Bearish Target hit at 0.5632 SMC Yesterday, there was a candle where there was sell side liquidity. This sweeped liquidity from shorters and sellers and now is the reason price is going up. We can expect chop for the next few days before we get a clear...
With capital and risk management, I planted an order for reward trading
NZDCHF 1H sideways entry on the breakout of support 2 & resistance 2 using buystops & sellstops
Hello traders! ‼️ This is my perspective on NZDCHF. Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalances higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!