NZDCHF Sell expectation after rejection from going long.
This trade is attempting to catch the continuation to the downside as price has reached an important ascending trendline. Price had made a lower high on two occasions so we are anticipating the third. Due to the fact on the higher time frames (1W & 1M) this pair looks to be bullish I will be using a smaller stop loss than normal Always use 1-2% risk per trade...
In a current trend channel with lower highs and lower lows. Based on current estimate we will make the new top in about 1 to 5 days. It is a very nice risk/reward trade.
SELL @63.723 STOP @66.097 TAKE PROFIT @57.812 TRAIL @64.910
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->>>>>> If you are an investor and you are interested in our quality service <<<<<- We are ready to manage your Portfolio or your trading accounts Special returns monthly - Safe Service - number #1 in Africa Contact us on Telegram: @medalmahe Contact us on this email business.pmas@gmail.com
Nzd chf designed its channel from H4 timeframe. From this channel we can see how sellers were trying their push stronger then lazy buyers did. There might be a problem to continue even lower targets, from this pair, but still we can see a good sell idea from current resistance level (if retracement is proved). We are expecting targets where is following channel...
Hello traders! Price fall down strongly because of RBNZ interest rate decision and statement. We are now seeing a retracement, but I didn’t enter any longs because I was not sure if support will hold or price will simply break through it. So now we have to wait to see if price will reach resistance area and from there we can enter shorts with good R:R ratio and...
NZDCHF reversed off its resistance at 0.58589 where it could potentially drop further to 0.57874. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Waiting for this correction to finish then looking to get short
1. NZDCHF is currently held resisted at the 0.59675 level. This level is very significant as it marks a huge supply origin on April 30th and serves as an inflection point supported on April 29th. 2. We're currently seeing this level hold up. You'll notice that we're not seeing large bullish candles, but rather alternating red and green bars. On a lower time...
nzdchf is prepared for sell..waiting for confirmation..thank you
Take sells on smaller timeframes if you haven’t got the patience trade minimum 4hr for decent gains
We can see soon upside move after breakout confirmation. ThankYou
NZDCHF expected to rise up to 1st resistance at 0.59949 where it could potentially react off and drop down to 1st support at 0.58698 Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Plan : trendline and support level breakout --> wait for the price to bounce off from resistance level --> 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...
its a double top which means time for sells
Enter After confirmation