Volume and high prices. discount is needed. prices are so high so who is buying so high up? desperation? profit taking? looking for a rollover on these timeframes short term. very risky as the trade is open over a weekend = No sessions. 1st session for me would be Asia. lets see what they do.
Sell now nzdchf from this price tp and s in the chart good luck
THE NZDCHF IS LIKELY to continue to down trend as no divergence and LHs and LLs are being formed. The risk reward is kept at 1% on 10K account.
Hey all! After the initial group of trades out of the full trading plan, trade frequency has decreased significantly through the challenge, and we finally have a new one I consider worthy of a bullet hahaha. As always, here are the notes from the trading journal, enjoy! Overall the market has maintained a constant bearish structure, drifting in favor of the...
This pair is in an uptrend. It has since consolidated at 0.5450 and we are taking a LONG position now. There is a harmonic pattern and strong support at the base. Nice RSI Divergence. Stop loss is just 30 pips. We also exited EURCHF with a nice 65 pip profit.
NZD/CHF Below in the updates I will break down my analysis of NZD/CHF and how I use Multi-time frame analysis to confidently and healthily create a bias and build a story that lead to short term and long term (and non-objective) trade setups. Further detailed analysis and charts below Happy Trading! - FourXtrader
It started printing LH and LL. Now if we look at the chart it is forming Inverted Cup & Handle which is considered Bearish continuation pattern. Now waiting for the trade to trigger and we could see a good downtrend towards our first TP and then to our second TP as well. Drop a comment if you come across this chart. Thank you
Entry : 0.52986 SL : 0.52800 TP : 0.54000 RRR : 1/5.59 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Market Structure is KING! Hey, if you like this idea be sure to support with a like and a follow. Here is my analysis for NZDCHF for the upcoming week. CHF News this upcoming week. I'm looking to shirt for a short-term pullback. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2. WHAT IS THE OVERALL...
The 2020 flash crash low of 0.53 is nearing, so I'm beginning to accumulate a long-term position. The reasons for this trade include the imminent approach of the flash crash low. You'll notice that the price is gradually declining towards this level. Every time a new low is established, buyers enter the market and push prices back up, a clear sign that an upward...
NZDCHF BULLISH to 0.55527 Based on my custom indicator H1 shown BULLISH Momentum Target Profit is 0.55527 by custom SNR indicator
One scalp trade with low risk pip for a scalp Current Active Another potential trade still there for a larger swing,
✅NZD_CHF is trading in a Strong uptrend and the pair Just broke a key horizontal Level of 0.544 so we are Bullish biased now and We will be expecting A bullish continuation LONG🚀 ✅Like and subscribe to never miss a new 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
Sell NZDCHF Channel Breakout Price breakout in m30 chart in nzdchf, its good chance to sell Thank you
After noticing an over extension in price, we are starting to see some rejection in the Daily chart. I would wait this market out for the Daily candle close before making any trading decision. As shown already on the 4hr chart, there have been some bearish rejection candles such as the bearish engulfing candle. I would look for the daily candle to close...
FX:NZDCHF has been in an uptrend for several days. However, price has reaching daily resistance zone and also experiencing bearish divergence on the 1 hour chart. Even if the bullish momentum continues on the daily time frame, we can expect a pull back on smaller timeframes!