Check out the Weekly and you'll see my reasoning! Let's see how it'll play out in the end. Good trading!
NZDCHF is approaching its resistance at 0.63148 where it is could reverse down to its support at 0.62119. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price is showing potential to move to our target price level. Red line - stop loss Green line - Take profit
NZDCHF is expected to drop to 1st support at 0.65686 where it could potentially react off and up to 1st resistance at 0.66132. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCHF TRADE IDEA SWING TRADE IDEA UPDATE FROM LAST WEEK WE'VE GOTTEN OUR BREAK OFF THE BOTTOM OF THE FLAG AND OUR TARGET 1 WAS HIT @ 0.65863 +76 PIPS FROM ENTRY POINT. CONTINUE HOLDING TO OUR NEXT POINT OF TARGET WHICH WOULD BE @ 0.67043 TARGET 3 STILL IS GOING TO BE @...
NZDCHF TRADE IDEA SWING TRADE IDEA AS THE FLAG ON THE WEEKLY CHART GETS HIT AND SUPPORT GETS TESTED. AS THE MARKET COMES BACK UP TO 0.65099 WE CAN START TO SEE THE BREAK AND RISE ABOVE SUPPORT. ENTRY: 0.65099 (BUY STOP) TARGET 1: 0.65863 TARGET 2: 0.67043 TARGET 3: 0.68193 STOP LOSS: 0.63760 **PROPER RISK MANAGEMENT NEEDED** **PAST CHARTS DO NOT GUARANTEE...
GARTLY FORM ON NZDCHF D1 TP... 0.67535... SL.... 0.65500
it had good impulse to the upside and it seems like its going though correction. we will only enter when it breaks the correction. please use good risk management.
As you can see, price retraced creating a good buying opportunity. Price retraced 50% of the Fibonnaci retracement and met some solid support at this level. From this point, price has potential to carry on moving bullish to our Take profit. Price and RSI have also created bullish divergence, which we would use as confirmation. The stop loss would invalidate...
Hey guys. I think the photo describe it best. Price has broken the upside area but currently retracing, perhaps due to US bank holiday yesterday. There's a potential Buy opportunity here. My target Entry zone is around 6860 which is the last swing high (higher low, HL). TAYOR Do share your thoughts in the comment section. All comments will be appreciated. Thank...
Pair: NZDCHF Prediction: Buy / Long Target 1: 0.69400 Target 2: 0.69700
NZDCHF has broken above the 50 and 200 EMA and has been in a consolidation for quite a while. As it finds its support and confirms it, we can expect a move higher up. This is a very probable continuation pattern. To be entered within the next 8-16 hours if everything goes as expected. *I'd personally let this short term push up happen and wait for the low test...
SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
EXPECTING NZDCHF TO REVERSE BEFORE WE CONTINUE UPWARDS SO JUMP IN See previous analysis SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE