Plan: wait for the price to bounce off from supply zone --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **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. Traders!! if you...
An Elliot wave outlook on nzdchf shows we may be seeing a leading diagonal as our wave (I) and an expanded flat as our wave (ii). we expect a sell from the current region to complete wave 3. we target around 0.59000 region
The trend for NzdChf is down and the pair just reached the confluence resistance at around 0.61 I expect the pair to roll back down and a sell trade targeting 0.5950 zone could also have a good R:R
Exactly like its twin, AudChf, NzdChf is trading in a downtrend. 0.61 should provide strong resistance for this pair and a dive to 0.59 can have a 1:3 R:R Sell rallies close to 0.61 is my strategy
hello traders, here is my analysis for this pair. we are on a downtrend hence, it is save to trade with the trend. trade in regards your strategy.
#NZDCHF ENTRY 0.60396 SL. 0.61067 TP1 0.60061 TP2 0.59725 TP3 0.59390 TP4 0.59055 BELUM ADA AKAUN? Boleh buka akaun under broker liteforex kat sini www.sabahforex.com.my
Hello Traders, Here is the Top-Down Analysis of NZDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for Week 42 - 12 Oct M > Market is moving in a downward channel with few breakouts. Price moved up to test previous support now turned monthly resistance and faced rejection. W > We can notice that price is facing rejection from supply zones that...
Hi traders, Keep an eye on lower time frame and wait for buy setups
Plan: resistance level 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 independent...
Trend is your Friend! 1. One Touch, Two Touch and Three Touches complete a trend. 2. EMA Acting as Dynamic Support 3. Market has entered an area of sensitivity @ 0.61000 also know as a psychological level where institutions place orders and take profit 4. Waiting for 3 four hour candles to show signs of rejection to place Buy...
Waiting for correction to be broken and entering a short
NZDCHF Long, trading the breakout. 4H projection by Fx-TC!
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...
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...