Price just bounced off 61.8 fib level and is going to break previous highs solid 50 pip push to the upside if you fancy more bulls on nzd
TO HAVE AN EDGE IN TRADING YOU NEED TO BE VERY SMART WITH YOUR MONEY.KNOWING WHEN TO TRADE AND WHEN TO STAY OFF IS MORE IMPORTANT THEN A HUGE TRADING ACCOUNT. SO BE SMART TO WAIT FOR A SHIFT OF TREND BEFORE GOING LONG.
NZDCHF long looking for some retest of the right shoulder and the 61.8% to go long.
We Can Sell at Current Price , Looking One More drop in downside Move. use 1% Risk of Your Cap Good Luck
continuation pattern forming, looking to break out of the resisting trendline
If you believe in "Phase one" and looking to buy NZD in my opinion you should consider to buy it against CHF. TP1 0.6530 area, target 0.6650. Start watching closely with the move below Sep 2018 lows around 0.6300. I'm trying to sell CHF for a while(linked ideas). Share you thoughts in comments below
Price is showing the potential to re-test the marked level before advancing lower to our marked take profit levels.
NZD has shown strength recently resulted in a bouce off the upward trendline (and in total 3 times). SL has been placed under both this structure and the horizontal support. Price is moving upwards in the medium term. Expecting price to eventually meet the longer term downward Trendline... Looking for a Long (Buy) trade. Will have to wait and see how this...
NZDCHF expected to rise up to 1st resistance at 0.64278 where it could potentially react off and drop down to 1st support at 0.63785. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities...
NZDCHF to climb from its upside confirmation at 0.63968 where it could potentially bounce further to 0.64278. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
BUY @ 0.6395 TARGET : 0.6550 STOPLOSS : 0.6340
NZDCHF formed a strong bullish hammerlike candle yesterday on a daily chart. It could be a strong sign that the retracement period is over and bullish trend is to continue.
Not being greedy on this one as it looks a bit risky. Target is 50 points with a stop loss at 17.5 points. Alternatively it might breakout of the current trendline and drop but on the 1H chart the RSI has turned and it looks to be bouncing off the lower trendline.
NZDCHF is approaching its resistance at 0.64458 where it is could reverse down to its support at 0.63818. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.