nzdchfshort

Hi Folks! Looking for a possible reversal according to some Elliott rules and criteria. If we are right we will have an ABC expanded flat which will develop a new daily impulse. Let's see how it develops, too early to plan any entries. - Hola Amigos! Buscando una posible reversión de acuerdo con reglad y criterios de la teoría de Elliott. Si estamos en lo ...

NZDCHF ready for a long-term short

NZDCHF is showing a promising buy setup in the making. The price is now approaching a resistance that has been tested twice before. So statistically the chances of it breking are only increasing. Besides that we also see that Stoch indicator has lots of upwards momentum left. Possible target is 0.7776

Hello Traders, Price still under the trend continuation pattern and is now rising correctively. I'm looking to sell as much high as possible. First target the bottom trend line. Good Luck! Cheers, Jonas

We have seen a nice impulse breakout of that daily reversal channel. Now a trend continuation pattern is forming and we can sell this pair if not in sell from the top yet.

ENTRY: 0.70418// SL: 0.70588// TP: 0.70063

FX:NZDCHF

trendline has broken, look for best price to jump into sell.

If you look at the last candles let's sell

SELL ENTRY: 0.70714/ SL: 0.70854/ TP:0.70327 LONG SET UP ENTRY: 0.70325/ SL: 0.70134/ TP: 0.70946

sell at 0.7, TP: 0.675 SL: 0.675

We had a nice impulse on H4 TF. And now the flag formation is about to complete soon. Watch lower TF for PA to enter the market.

Broken channel, looking for a down movement https://www.tradingview.com/chart/OYZw31HQ/nzdchf

My Current view of NZDCHF

Strong downtrend since the start of 2017, making lower highs. Price is locked into a strong downward channel based on the 4H chart Hidden divergence on the close of the 4H candle at 18:00 on 31st May shows the strong continuation of downward momentum. We see a possible Bearish Head & Shoulders pattern forming on the 4H chart. Fundamentals: The RBNZ ...

Rationale for this trade is easy: a descending channel. The Swiss Franc came in strong yesterday being the best contender against USD and also fought against Euro despite its rally.

so after touch again the top line of the channel and complete ABCD pattern there it can start a move to the bottom line of channel and complete ABCD pattern there. we have a very strong support at the bottom line of channel

Hi Traders, Price is at a previous support and resistance zone which has been tested multiple times, wait for a bearish engulfing or evening star pattern on 4HR time frame, or a double top at a lower time frame. Once you get that confirmation it would be a good idea to go short and targets can be booked at next structure support 0.7000 and target 2 at ...