Hey guys! Its your girl forex potatoe. NZDCHF has been ranging for some months now and we can also see a huge bullish divergence on Daily RSI. Currently on this trade with a 1:2 risk/reward and its going to be a buy as its long overdue
NZD-CHF broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up !
NZDCHF reached the important supply zone formed as a bearish order block with FVG. So we can expect the zone to reject the price. We can study the price in the lower time frame for finding the trigger. 💡Wait for the update! 🗓️06/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
🕛 TOPDOWN - Navigating a Bearish Market with Strong CHF Dominance Overview: CHF stands as a dominant force in the forex market, consistently overpowering NZD according to historical data. A crucial breakdown in the monthly structure, especially in August, has placed this pair in a post-breakout scenario for the past four months, signaling a looming substantial...
I am expecting a continuous upward movement for NZDCHF, there has been series of confluence to make me believe NZDCHF will make a new higher high. Now we wait and see.
Hello traders, we want to check the NZDCHF chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 0.54700. Good luck.
I am still expecting NZDCHF to make a new high thereby taking out the previous high. Now at current position, it making up its mind.
Hello Guys, This pair is currently trading towards a weekly order block and we have a strong bullish rally into this zone. Price is likely to retrace from this level. The above narrative was simple yea. Follow for more updates like this. Cheers, Jabari
Hello Guys, NZDCHF traded into a WEEKLY OB and formed a bearish CHOCH on the daily timeframe. The expectation would be that once price trades into the daily OB (this happened on Friday) price would continue to the downside. Now that we are price has traded into the daily OB, I would like to see how price unfolds in the 1-hour timeframe. If I see a CHOCH on the...
Hello Traders In This Chart NZDCHF HOURLY Forex Forecast By FOREX PLANET today NZDCHF analysis 👆 🟢This Chart includes_ (NZDCHF market update) 🟢What is The Next Opportunity on NZDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello Guys, Just like my CADCHF analysis (inserted below), NZDCHF has been dumping like forever but last week, it printed a CHOCH on the daily timeframe. It only makes sense that this pair retraces even though it might want to continue the bearish move. But for now, I speculate that we might see a bullish rally. Also note that this pair is trading at the extreme...
Hello traders, Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray. For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short. See my profile for more analysis. Follow for...
Hello traders, we want to check the NZDCHF chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to maintain the upward price trend and cause further price increases. If the price increases, we expect the price to grow to around 0.52600. Good luck.
NZDCHF BUY STOP Entry point :- 53500 Stop lose :- 53050 Target 1 :- 0.5395 Target 2 :- 0.5440 Target 3 :- 0.5485 Target 4 :- 0.5530 Target 5 :- 0.5575
NZDCHF Entry point :- 0.54153 Stop lose :- 0.53338 Target 1 :- 0.5497 Target 2 :- 0.5578 Target 3 :- 0.5660 Target 4 :- 0.5741 Target 5 :- 0.5823
On the hourly chart the trend started on July 12 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.5527 But we should not forget about SL = 0.5415 . Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, ...
it seems that the strength of down-trend is getting weaker on the support zone and it's suitable for Buy (Long Position)
NZD-CHF broke the falling Resistance line and the Breakout is confirmed Thus, a bullish continuation Is to be expected !