Price has made a higher high but RSI couldn't make so we have a regular bearish divergence and price will probably go down!
Overview of Economic Indicators -- GDP Gross Domestic Product (GDP) is a measure of a country's economic output and overall health. It reflects the aggregate value of goods and services produced in a country over a period of time. --- Inflation Inflation is a measure of the rate at which prices of goods and services are increasing. Higher inflation tends...
The price could breakout of the buy entry and continue rising to the take profit level. Buy entry is at 0.53390 which is pullback resistance level. Stop loss is at 0.52934 which is a level that sits under a multi-swing low support. Take profit is at 0.53824 which is pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a...
NZDCHF *Weekly_Bearish,Weekly lows taken @0,53778 *Daily_Bearish(LH,LL) *4HR_waiting for daily break of structure(Break and retest setup),Rejection of bearish trendline for continuation to the downside #BYKCAPITAL #LETSEAT
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
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
hello traders.we had daily supply area before and in 4h choch happened.now in pullback we looking for confirmation in smaller time for open our sell position. R:R 3.57 “”your follows and boosts encourage me to publish more analysis””
Please, check our technical outlook for NZDCHF. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 0.541. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.538 level. P.S We...
#NZDCHF Sell Idea ......................................................................
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
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
Unless you're me, you likely won't understand this strategy but give it an attempt and try to follow me on this and thank me later cause this plan is very likely to work out ;) So obviously this pair will continue to consolidate until either a close above or below happens in the red or blue areas highlighted on the chart. With that said, for now we need a...
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 UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about NZDCHF. NZDCHF is breaking the main Rising Wedge Pattern. Here it has maximum Chances we can see drop upto 100Pips+. Keep in touch we will update further soon.
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Market broke my relevant structures indicating bearish pressure. Waiting on the pullback into my OB
sell from 0.5430 and 0.5470 stop loss 0.5520 take profit show in the chart
NZDCHF - Bearish Trend with Entry, Stop Loss & Take Profit.