With H4 and Daily trend There is a pattern on M30 There is a double top with a divergence Stop loss is above 0.53 The target is 0.5245 Quick trade as risk to reward is not that much
I really like the idea of a reversal trade here after a nice close of a MMBM, and a MSS. I'm going for a 1:2 risk-to-reward here.
Technical Analysis The NZDCHF is moving in a downtrend between the oblique resistance zone and the oblique support zone. I marked my projection and I would like to see a pullback towards the resistance zone before looking for a sell signal. Probabilities There is a 75% chance that it create a new BOS by the downside. And 66% chance that the first probability...
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
NZDCHF En: 0.382 and 0.27 Sl: Red (1% of your balance) Tp: Green (Check the picture or tradingView for Numbers) Cancel if Tp crossed without opening #30Min_trade #N47
FX:NZDCHF Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
A short position can be taken on the specified levels There is no position before reaching the surface
Hello Traders ! On The Daily Time Frame,The NZDCHF Price Broke The Support Level (0.53044 - 0.52822). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. TARGET: 0.52220🎯
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
An MMXM on the 1-hour time frame on NZDCHF is a very strong reversal signal. I am waiting for a slight pullback before entering this trade with a 1:2 risk-to-reward and I place my stop-loss below the lows.
NZDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level. If the sell momentum continues the next target could be 0.5240 What you guys think of this idea?
Bearish Wave formation________________________________________________________
NZD CHF SELL continuation of trend channel entry at 0.52860
RSI is negative and has bounced of resistance. 4h is in a downward channel with stochastic being overbought.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
NZDCHF is trading within a falling channel on a daily. The price reached its support on Friday. As a confirmation of the strength of a trend line, the pair formed a tiny double bottom pattern on a 4H time frame and broke its neckline. We can expect a pullback now. Target - 0.53 ❤️Please, support my work with like, thank you!❤️