NzdChf- Range trading?Since March's high, NzdChf has started to trade in a range with a very clear bottom at 0.6260
I'm bullish as long as this low support is in place and, in the medium term, the pair can rise to 0.6570 resistance
Buy dips towards this support can be a good idea for a trade with great R:R
Nzdchfanalysis
NZDCHF I have a long open ↗️👍Trade details for current trade are shown on the chart.
Using POW reversal strategy for this trade.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue arrow is entry point and purple line is stop loss.
Previous trade can be seen on chart.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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The stats for this pair are shown below too.
Thank you.
Darren
NZDCHF two way split What's up guys!
This is a very tricky one but have to be careful
Price is currently hovering over a major support trendline in Red and it seems to be hovering over it
On the Daily time I will be waiting for the break downwards of the this trendline with momentum candles within that time frame to validate that bears are now in full control
On the 1H timeframe which involves digging deeper ,price can still make higher highs and approach the major resistance zone before the break of the red trendline but only experienced people can handle this situation cause I won't want to buy around the resistance , my focus is to find a good sell setup
What do you guys think ?
Waiting for a buying opportunity with NZDCHFDaily timeframe.
Structure: The uptrend was confirmed after the bulls broke the Key level at 0.65000.
Wait for the price to have a move to retest this support level and appear a buy signal, then enter an order with NZDCHF.
The profit target is the 0.67500 zone.
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Wish you all have a good trading day!
NZD/CHF Multi-Timeframe analysis - update !!!Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDCHF; buying opportunity exposed
For a couple of weeks now the price has been trading in a bearish channel. Right now we see a clear breakout of the channel which might be a signal for the buyers to push the market higher. From this scenario, I'll look for a buy entry after the retest of the highlighted level.
Please show your support with a like and a comment!!
Wait for a buying opportunity to appear with NZDCHFH4 time frame.
Structure: Descending channel.
After down to the 50-61.8 Fibonacci zone of the previous strong up move, divergence signals are now appearing.
It is likely that from this price zone will appear reversal patterns.
Wait for a buying opportunity when the price completes the reversal pattern or breaks the descending channel and has a confirmed by retest.
Profit target is 0.66000 zone.
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Wish you all have a good trading day!
NZD/CHF LONG BUY OPPUTUNITY .......
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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Opportunity to sell with NZDCHFH1 time frame.
Structure: Downtrend.
After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500.
Wait for another retest to this price, then you can look for selling opportunities.
The profit target is the 0.63700 and 0.62400 zones.
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Wish you all have a good trading day!