My apologies! I totally skipped an available opportunity in this pair! It was worthy of mentioning, and I didn't. NZDCHF has indeed broken structure to the upside, and we now await a return to impulse. However, there are plenty of pips to brab before price hits that bullish order block! A short for day traders and scalpers is available right now, as price is...
I think this trade will work well with the slow-paced markets today. We should see a steady decline in this pair after the non-stop bullish run. I only want to fade this move back to the previous structure before going long again. Do you like this trade?
From a money distribution perspective, this pair is ready to tackle the previous high. The informative breakout should help you understand why buyers have regained control. Expect slight retracements and some corrective price action before we see the next impulse to the upside. What do you think of this move?
What we see on NZDCHF chart, is quite clear, after strong manipulation on NZD, we expect now price to drop as fund confirms due to quarantine in New Zealand. As you see technically we are in strong Supply area, price rejected for several times, we can open our sell position just now and watch how price drops ... Such a nice order with lovely R:R 1:7.3 ...
NZDCHF Market is moving in bearish channel. Currently not able to cross falling resistance and showing buying pressure. Great selling oppurtunity.
NZDCHF is bouncing from monthly support level good long opportunity on break of 4H residence and retest with profit at 61.8% of daily down move
Basically Market Just touch support. weekly support. so we are looking for buy. completely my opinion. trade your own risk .
NZD/CHF Signal Market Buy: 0.63080 Stop-Loss: 0.62600 Target 1: 0.63750 Target 2: 0.64600 Stop-Loss: 48 pips Risk: 0.5% Risk-Reward: 3.17
In the chart, we can see the continued falling of the market from the last two days. I believe that the market will do the same on the next day candle till to its support.
We have seen NZD strength continue here as the currency is building up strength fundamentally. We could see a pull back before continuous movements to the upside. We're capitalizing on the momentum and current trend to get us an entry. Targets would be a new high in the trend.
During the last few days, we have seen NZD strength drive counterpart pairs to the upside, this pair included. Now we see price at a key level of resistance. We already have this pair reacting to the level, but we need to see a break below the current higher low, before we start taking sell opportunities.
#NZDCHF NZDCHF pair is moving in the bearish channel and now started sell from falling resistance. A good move for the seller is expected.
For long time this pair selling off thru channel. I accepting another leg down.
Hello Guys Sell NZDCHF After Correction with Nice R/R :-) If the red line is broken towards higher levels, the trend may change.
Looking to take long position on NZDCHF from that daily supply zone