NZDCHF Daily has broken the resistance level and trying to retest.
higher time frame sell bias lower timeframe shift to sell
A possible new short position on NZDCHF can be opened considering that the pair didn't managed to continue with the bullish channel. The stop loss at 0.65515, while the first TP at 0.63975 and the second TP at 0.62620. The break of the support at 0.64580 equals a continuation of the bearish momentum. An important fact to consider is the stronger demand for the...
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This is my idea on NZDCHF pair. Expecting price to fall to 0.64530 Sell at: 0.86238 after price confirmation
NzDchf breaks the buying channel , and now made a good bearish flag . its time to go down
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Hi there, NZDCHF is breaking out for next leg up. Watch smaller timeframes to get in long, target mentioned in wave 5 SL bellow wave 4 Good Luck
Hello traders! As you can see NZDCHF is forming lower lows and lower highs. Price is currently making a retracement. Price should make a retracement to the marked resistance area from where we are looking to enter a short position all the way down to the marked area.
Hey traders, here is the analysis for the NZDCHF. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
H2 time frame. Structure: Downtrend. The price formed a retracement wave and retested the 0.64500 resistance. After forming a new high, the price immediately down sharply with the upward momentum also weakening. Waiting for a candlestick pattern to appear, NZDCHF can be sold. The profit target is the 0.63600...
H1 time frame. Structure: Downtrend. After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500. Wait for another retest to this price, then you can look for selling opportunities. The profit target is the 0.63700 and 0.62400...
NZDCHF, Waiting for this retracement to the 0.64550 area, where price broke support to be retested as resistance before getting into another sell
the price has broken down the ranging and tested it back and a technical double top is formed , if it holds 0.6498 levels the price will continue his down movement like shown in the chart .
H1 time frame. Structure: The bullish structure is broken. Price breaks Key level at 0.65000. Currently, the price is forming a small accumulation area retest Key level has just been broken. If the price breaks out of this consolidation area, confirming the downtrend, selling with targets at 0.63500 and 0.62600 is...
We have seen a relatively strong momentum to go short after multiple time testing area around 0.6560. Following the candlestick pattern we believe the long red bar on the 21st which crossed the 20day EMA may indicate a beginning of a downward movement. My own trading system Clam also indicate to go short so a trading idea has now been established to go short on...
We are try to counter the Trend here,, NZD is pretty Bullish today, in the Other hand CHF is pretty Bearish. but we are going to trust the strong Resistance area and the channel that hasn't been broken for a long time.
Looks like NZDCHF is in a combination of corrections,53535 Combination comprising of an ending diagonal(5) followed by a flat(3) followed by another ending diagonal(5) followed by an expanding flat(3). If the count is correct i will be expected a 5 wave bearish impulse. will be looking for a bearish impulse before considering any sell trades targeting 0.61320