NZDCHFI would like to share a trading idea based on a wave analysis conducted on the NZDCHF currency pair. The analysis indicates a potential bullish breakout opportunity, with the pair currently undergoing a pullback before a projected upward surgeLongby Rajitha_Jayalath1
nzdchfnzdchf may be in the process of accumulation .we can see some buying in the coming week . Longby wyckoff700
NZDCHF LONGIn the daily timeframe price has been moving in a symmetrical triangle , we see that price has touched the lower trendline of the triangle , which fueled a move to the upside before a retracement of just below 78.6% , Now price formed a W pattern then retraced to the neckline of the W we could see a potential upside from this neckline . However NZD being in recession doesn't really help much the currency from the fundamental side of things Longby KILLCAD4
NZDCHF LONGI'm looking to go long on this pair. Structures were broken and this is looking quite good n my end.Longby morenagodisang0
NZDCHF, More upside to see?NZDCHF / 4H Hello traders, welcome back to another market breakdown. NZDCHF seems to be respecting a bullish structure and pushing higher. I'll look to get a position on this pair as long as the structure is respected. Checkout the chart for what type of confirmation I would like to see first. Trade safely, Trader Leo.Longby Leo-btm224
NZDCHF - Risky long ✅Hello traders! ‼️ This is my perspective on NZDCHF. Technical analysis: As I said in my previous analysis I look for a short from bearish order block, but as a risky long, I will see price to fill the imbalance lower and then to reject from institutional big figure 0.55000. Fundamental analysis: This week on Thursday we have news on CHF, will be released Interest Rate. Follow the results in order to validate the analysis. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD15
NZD/CHF Will Fly Soon Don't Miss It Watch To Know The Trade NZDCHF might give us a good buy setup after finishing the new wave 01:26by Forex_Wealth_Factory5
NZDCHF WILL MELT DOWNNZDCHF formed bearish pattern... descending triangle and already gave breakdown ,... price can drop from this level.Shortby indaytrading2
NZDCHF shortNZDCHF price is currently below both the previous and current week's point of control (POC), which implies bearish control in the market. The Rate of Change (ROC) indicates that NZD is currently the second weakest currency, after JPY, while the CHF remains among the strongest. There's a possibility for the price to pull back towards the current week's Volume Point of Control (VPOC) before breaking below the previous week's High Volume Node (HVN) near Previous week low. Considering that sellers have already managed to break below the previous and current week's VPOC, overcoming this HVN shouldn't pose a significant challenge. This HVN represents the last line of defense for buyers before the price breaks below the previous week's low, which could trigger a more substantial downward move. For entry, I am waiting for extreme conditions to sell again (ADR or a simple RSI overbought) than a Potential entry points could be a pullback to the Average Daily Range (ADR), RSI or a retest at the current week's VPOC. Additionally, signs of exhaustion and a shift in market momentum would confirm my short trade entry.Shortby DVisionfx2
A buying opportunityThere are two unmitigated areas below that attract me to place orders, so I have placed two buy orders in those areas. However, this plan will become invalid if the price reaches the target first. In such a scenario, I will be on the lookout for an opportunity to sell.by thebailey1
NZDCHF Potential DownsidesHey Traders, In today's trading session, we are closely observing the NZDCHF currency pair for a potential selling opportunity around the 0.55800 zone. NZDCHF is currently exhibiting a downtrend, but it is currently in a correction phase, meaning that it is undergoing a temporary upward movement within the larger downtrend. As part of this correction, NZDCHF is approaching a significant trendline at the 0.55800 level, which could act as a resistance and push the pair back down. It is important to note that this week, the Swiss National Bank (SNB) is holding a meeting, and market participants will be paying attention to any announcements or actions taken by the SNB to counteract the depreciation of the Swiss Franc (CHF). The SNB may employ measures such as interventions or changes in monetary policy to stabilize or strengthen the CHF. This event could potentially impact the NZDCHF pair and should be monitored closely. Additionally, it is expected that the Reserve Bank of New Zealand (RBNZ) will pause the interest rate hikes in the near future. This means that the RBNZ is likely to hold off on further increasing interest rates for now. This expectation could influence market sentiment surrounding the New Zealand Dollar (NZD) and potentially contribute to a weakening of the currency. Therefore, traders and investors should keep an eye on both the SNB meeting and the RBNZ's stance on interest rates as these factors could have an impact on the NZDCHF pair in the coming days. Trade safe, Joe. Shortby JoeChampion4415
NZDCHFAfter completion of five waves there is a correction. We see an ending diagonal which is a reversal pattern signalling for change in trend. We anticipate longterm bull market. Longby Senator_Konshens1
NZDCHFMonthly -Price is in a downtrend -Sell side liquidity Weekly -Institutional candel -Head and shoulder pattern -Sell side liquidity Daily -Bearish W pattern -Institutional candel -Sell side liquidity Shortby andresnwfxUpdated 2
NZDCHF Continues...After a beautiful retest of our demand zone, price broke multiple structures to the upside with momentum. It recently consolidated around the structural break zone just before it impulsively pushed to the upside. It then formed liquidity above the supply zone it left behind in the process that it could potential use to expand its move further upwards.Longby BlackTygaTrades6
NZDCHF: Local Long From Support! Ladies and Gentlemen, Here I present you a Long from support on NZDCHF pair which is Justified by the combination Of the uptrend and the Retest and rebound from the Key support level (despite the downtrend on the weekly TF) ❤️Please, support our work with like & comment!❤️ Longby UnitedSignals224
NZD-CHF Will Fall From Falling Resistance! Sell! Hello,Traders! NZD-CHF was going up After the pair made a rebound From the local bottom but The pair is still in the downtrend And is trading in a below The falling resistance So after the retest I think That a move down is Very likely Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals11
✅NZD_CHF POTENTIAL LONG🚀 ✅NZD_CHF went down to retest a horizontal support of 0.555 Which makes me locally bullish biased And as we are seeing a bullish rebound A move up from the level Towards the target above at 0.5585 Is very likely LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx101028
NZDCHF bullish push for next week to expect Hi viewers, NZDCHF in last peridos bullish market, price currently on zone, here break expecting and short bullish push for next week TP1: 0.56200 (50) TP2: 0.56500 (80)Longby DepaTrading0
NZD/CHF Buy 16/06/2023A buy on a 4 hr trading time frame when sells failed to make a lower low and sellers momentum. Long01:55by Deven1111
NZDCHF - Continuation To The Downside!Analysis: This setup to us is ideal. Firstly price is clearly in a downwards trend and there is no doubt about this. We've seen price create a series of lower lows and lower highs which confirms that we are in a downwards trend. Knowing this we are only looking for shorts on this pair. Where price is currently is a very interesting area to us. Why? This area has held as major support in the past and as support recently so we now expect that it will hold as resistance. If you've been trading long enough you'll know that very often support can turn to resistance and resistance can turn into support. For more confluence at this area we have the 50% fib retracement level which we expect sellers will be sat at waiting before pushing price down further. We've also got an downwards trendline which has been beautifully respected multiple time showing us the bullish pressure and momentum on this pair. Fundamentally as well we're pretty neutral. Both the NZD and the CHF have almost the same long to short ratio so there isn't any real bias here until we dig a little further and we can see that the NZD only really had an increase in short positions by institutions whereas the CHF has an increase in both long and short positions by institutions so we actually have a slight bias to the bullish side of the CHF which goes with our idea and wraps up why we are bearish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.Shortby jpeacockfxUpdated 303011