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
In my previous analysis, I said that the price had bounced from strong support line and after break strong level, it was going to reach resistance line.
This forecast came true.
Today the price has come to the resistance line from Julie 2020.
I expect the...
NZDCHF is trading on a key daily level.
that level matches perfectly with a strong 4h/1h structure resistance.
on hourly time frame, the price has formed a double top formation on that and broke below its minor support.
now it is a retest phase.
I expect a drop from the current price levels.
NZDCHF's price has bounced from strong support line and after break strong level, it's going to reach resistance line.
Check today analysis below⠀
Share your opinion in comments and support the idea with likes.
Thank you for your support!
Hello everyone and our Elite traders
NZDCHF currency pair is showing BUY performance, while daily sellers were slaped. Last swing from the whole price action story is showing strong buyers performance for overall trend idea.
If we are looking closely from H4 timeframe, you can see price get to the next decisional point. This gave us to targets based from next...
NZDCHF is currently in a good short-term uptrend, with the price that is just breaking another area of resistance, setting a new 12-day high.
If we have a closer look at the price action, we can see that the setup of the moving averages is slowly turning bullish and the price is also breaking last moving average, the long...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
NZDCHF is now on the resistance line.
I recommend opening a sell before the support line
Check today analysis below⠀
Share your opinion in the comments and support the idea with likes.
Thank you all for your support!
Welcome to our weekly trade setup ( NZDCHF )!
Bullish break and closure above main sr level.
Small pullback towards our support zone with great long entries!
Expecting prices to push again towards previous highs.
ENTRY LEVEL @ 0.60510
SL @ 0.60190
TP @ 0.60960
Max Risk. 0.5% - 1%!
(Remember to add a few pips to...
Descending channel visible on this pair, price already making a move off the resistance of the channel.
Price is moving in this bearish channel and currently near the resistance of the channel. Price is clearly rejecting the resistance then, looking to go short to continue the downwards move and a completed pattern move
NZD/CHF has been within a bearish weekly trend since mid-June, with price creating lower highs on the daily timeframe. More recently, price has seen a bullish return into a zone of confluence that includes sloping resistance from the weekly, daily and 4H timeframes. This zone of confluence would lead us to the conclusion, that the latest bullish run is a pullback...