watch out for a push to the down side as we expect strong CHF
NZDCHF is showing further bearish potential. It’s moving to a somewhat solid point of support from which we may see price pullback to the marked region. We may see price move bullish retest and then further move bearish.
hello team, weak NZD for London session. going short would be advised
Please like, comment and follow. Waiting for price to break the support level and ascending trend line to confirm the sell
HAS BEEN REACH TO RESISTANCE, NOW TIME BACK TO SUPPORT WITH TARGET TP 0.60600. MORE SIGNAL MESSAGE ME
Same trading tactics Reversal sings using technical indicator+ steeper trend line Same trading tactics. TP1 SL to BE Follow risk management.
This is NZDCHF 4H timeframe analysis, i'm expecting the market to start selling from where it is at a moment.
NZD - BEARISH 1️⃣ Investors assessed a deteriorating coronavirus situation in many large economies around the world. CHF - BULLISH 1️⃣ The risk-off tone boosted the safe-haven currencies such as CHF. ===== Technical ===== We are looking to sell NZDCHF at the SBR on H1 chart.
Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
waiting for a break below the wedge for a short position
The long-term trend for NzdChf is bearish and after recovering from this spring lows the pair is ready to resume its downwards trajectory. Last week NzdChf tried to reconquer 0.61 but without success and we have 4 longtailed candles in this zone (2 being clear pin bars) I favor short positions with a SL above 0.6160, as for target 0.5950 support could be a good...
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