Weekly, Daily bearish, daily trendline. On the 4hoursm there is an impulse move. And it is normal that after an impulse there is a retracement. there is a confluence of the 78.6 fibs and trendline. If price can retrace to that area that will be a trade to take.
NZDCHF | Ascending Channel It looks like the action taken by UBS to buy Credit Suisse Bank is calming down the market from a domino effect through the banking system. Today we can see that CHF is recovering again after so many days that it was in difficulties. However all this situation has not over yet and we have to be very careful. Thank you and Good Luck!
hello friends, i see a clear breakout of this trend and unless price is lower than 0.58000 i would only sell.
NZDCHF Hit the resistence level and reverse Expected price 0.56421
WOHO +60 Pips in NZD/CHF From The Free Trade I Shared Yesterday
Pair: NZDCHF Analysis: Chart Patterns + Highs & Lows + Impulses & Corrections Directional Bias: Short Entry: Continuation Corrective Structure after the breakout. ⚠️ Do your research and apply proper risk management as nothing is guaranteed in forex trading. As we have often said, this is a high risk venture and past performance is not indicative of future...
Here is my view for NZDCHF on H4. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
It is said that the trend is always your friend so in this case I've just entered off an institutional premium area of which an order block with a strong wick rejection has surfaced. take profit should always be at structure level
Likely to breakdown from H&S on 1 hr timeframe, wait for confirmation of candle close & retest of neckline before entering.
NZD/CHF Has Many Entry Reasons So Don't Miss This Video
Following last trend follow through on the 15 minutes before the 4H NZD weakness pulls back further. Straight trend trade.
Price touched the trendline multiple times, will it continue downwards? Or will there be a change in direction?
Hello traders, Wave 5 is supposed to end at 0.58260-0.58710 zone. Then ABC Correction is supposed to materialise towards the support zone at 0.57470. Thanks.
Share your idea in the comment section of this pair and let's debate Good Week, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
NZDCHF sell Entry : 0.58240 Stop : 0.58904 , Target1 : 0.57581 , Target2 : 0.56908 Risk/Reward Ratio : 2
nzdchf might go for sell after it reach major interest area.
#NZDCHF #Bearish_bias Entry criteria: Watch out for rejection at the structural level and major falling trendline around price level of 0.58202 SL: 058548 ( 35 pips) Target 1: 0.57345 (85 pips) Target 2: 0.56806 (140 pips) Target 3: 0.55127 (305 pips) Bio;