Hello,Friends! It makes sense for us to go short on NZD/CHF right now from the resistance line above with the target of 0.533 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
We've broken out of the long-term bearish trend. I'm waiting for a retest of the descending trendline and then going for a buy. This idea should be supported by fundamentals this week, with a dovish SNB and a hawkish NZB.
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy NZDCHF. ❤️ Please, support our work with like & comment! ❤️
Moving Average: With the Daily MA With the H4 pointing upwards Pattern: Deep Crab Pattern Strong Support at 0.5410- 0.5425 25 pip stop loss. 40 pip target The only danger is there is a DT on H4 with divergence.
NZDCAD 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 50% Fib 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?
Hey Traders, in today's trading session we are monitoring NZDCHF for a buying opportunity around 0.54200 zone, NZDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.54200 support and resistance area. Trade safe, Joe.
NZDCHF / 1D Hello traders, welcome back to another market breakdown. NZDCHF pair has been trading in a Bearish trend, However, the price is showing evidence of a reversal around Key Yearly Low. Which might lead to more higher prices to see. I'll look to get on lower prices after getting the LTF confirmation in the next Pull-back phase. Trade safely, Trader Leo
Hello,Friends! We are going short on the NZD/CHF with the target of 0.538 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Moving Average: Against Daily MA H4 pointing upwards Pattern: AB=CD pattern Strong resistance at 0.5430- 0.5440 30 pip stop loss. 70 pip target This is a counter trend. H4 is OB and Double Top. We will exit this trade quickly upon M15 OS situation
✅NZD_CHF is about to retest a key structure level of 0.5440 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
FX:NZDCHF BUY position can be taken in the specified area There is no position before the area
Hello,Friends! We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.533 level. ✅LIKE AND COMMENT MY IDEAS✅
✅NZD_CHF surged again to retest the resistance of 0.5383 But it is a strong key level So I think that there is a high chance That we will see a bearish pullback and a move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
FX:NZDCHF LONG position can be taken in the specified area There is no position before the area
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527...
Hello,Traders! NZD-CHF keeps growing And the pair is locally overbought So I think that after the price Hits the horizontal resistance Level of 0.5341 we will see A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
NZD-CHF broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up !