Hello,Traders! NZD-CHF fell down sharply And the pair seem to be Locally oversold so as the Price is about to hit the Horizontal support level Of 0.5436 I think we will See a nice bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
NZDCHF has been trading in a well-defined downtrend, characterized by lower highs and lower lows. Currently, it is consolidating within a triangle pattern, indicating a potential continuation of the bearish trend. Target Levels: Target 1: 0.5517 Target2 : 0.5481
Can see a sideways accumulation on price, took an entry with 15m + 1m confirmation.
Looking to buy at Monthly/Yearly Cluster Support around .5500. Pair currently pays about $5.61 positive carry per 100,000 lot position for USD based account. Initial Target .6000. will hold half position for long term yearly swing trade.
Hello Traders, I did an analysis on this pair some days ago (inserted below). My bias hasn't still changed. I still speculate that NZDCHF will make it to TP. Not to be rigid or dogmatic in my approach, but the market structure as of today supports the bearish move. Also, NZDSGD which is a correlated pair is having same bearish structure. You may want to keep...
weekly BEARISH daily BEARISH waiting 4hr or 1 hr BEARISH confirmation
NZDCHF flag is testing day zone we need to see zone rejection + break of the flag
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
We going short on the NZDCHF pair as there is potential downtrend. Analysis on the 4HR Timeframe shows that 50% Fibb retracement within the sell zone, and might hit all TP's as per analysis.
Hello Guys, If you have seen my analysis on GBPCHF (inserted below) you will notice how similar this analysis on NZDCHF is. Price is trading in a monthly supply order block and what we can also notice is that price is also trading in both a daily order block and FVG. I am bearish on NZDCHF but I am not in a hurry to jump into a short trade. Price traded into the...
↪️NZDCHF was trading in a local uptrend along a minor rising support trend line. The pair broke and close below the support line, now resistance. The price is already retesting the broken structure from where i will be expecting a bearish continuation toward the target below...Trade safe👍✅
nzdchf has been in a downtrend. catch at trend line along with a rejection for a further move to the downside.
Risk control mindset check Trap evidence check, but some doubt as no fresh buyer price amid larger consolidation Logical buyer location based on stale seller area In-line with broader trend, but maybe a sign of genuine reversal, break of stale seller area
I 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 surge
In 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...
I'm looking to go long on this pair. Structures were broken and this is looking quite good n my end.
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.