professionals increase 8% long positions since last four week. 1% long increase by last week. while chf one & five year bullish extreme, professionals reduced 6% long positions in chf. suspect bullish momentum continue......
Waiting for price to retrace / pullback before entering long on this pair
After the completion of the A-B-C correction, the impulse wave began rapidly as we experienced in the last week market we were able to count sub waves 1,2,3 for the wave (i) What we expect for the week ahead is correction of the impulse move then an advance for wave 3, which often represents the strongest part of the market cycle and can't be the shortest by price
Hey tradomaniacs, welcome to a new free trading-setup. Notice: Low risk please in this trade! NZD/CHF: Swingtrade-Preparation Market-Buy: 0,59775 Stop-Loss: 0,59200 Target 1: 0,60270 Target 2: 0,60625 Target 3: 0,60955 Stop-Loss: 57,5 pips Risk: 0,5 % - 1% LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good...
TITLE/(DATE)- Buy NZD/CHF (8/19) ASSET- FOREX PLATFORM- MT4 ORDER TYPE- market execution Time Frame- 4HR ENTRY PRICE 1- 0.59240 ENTRY 2- 0.59040 (pending) STOP LOSS- 0.58840 (40PIPS) TAKE PROFIT 1- 0.59640 (40PIPS) TAKE PROFIT 2- 0.60040 (80 PIPS) TAKE PROFIT 3- 0.60440 (120 PIPS) STATUS: Active
NZD/CHF price has been within a respected descending weekly trend channel since 2017. Price did break out of this channel back in March as a result of the coronavirus pandemic, however, re-entered forming an ascending daily trend channel. Price did not retest the upper boundary of the weekly channel as price ran into resistance before that at 0.62 (the lows from...
We will be trading with the trend here, I will be waiting to see how the 4-hour candle closes then look for a potential long term sell position, I have marked my targets.
Hi traders, this is my trade idea on NZDCHF for the next days
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a buy limit.
Initially I thought we would see immediate rejection from the key daily supportive level marked but we didn't. I personally believe most retail traders would have been buying at the area using a tight stop loss. Now that banks have come in and driven the price down to SL hunt, they may have now gathered enough liquidity to drive prices higher. I will be waiting...
NZDCHF managed to reject off a trend support level, with another 61.8 fib level retest. As we start seeing multiple retest on trend resistance, we have to keep in mind that the trend resistance will weaken and thus I will be seeing a potential breakout opportunity. We should always react to the market however if we see another rejection. As of now, I will be...
Disclaimer : The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Hey tradomaniacs, welcome to a new free trading-setup. NZD/CHF: Day-Swingtrade-preparation Market-Buy: 0,60910 Stop-Loss: 0,60545 Take-Profit: 0,61460 Stop-Loss: 36,5 pips Risk: 0,5 % - 1 % Risk-Reward: 1,53 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any...
A possible long could be on the cards short term, but if the long analysis doesn't hold i will look to re-enter shorts
Here's what I'm seeing for NZDCHF based on technical analysis and fib retracement.
Plan: resistance level and trendline breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...
**ENG** - Price just reached our reversal area, we had an initial bias of a bullish position from this area, however price is currently very impulsive and can easily break. - If price starts to consolidate around this area, we would look for a bullish signal and enter long. - If price breaks this level, we would wait for the retest of the zone, and then enter...