In this chart we have observed a Bearish Continuation pattern making LH & LL . But there is Bullish Divergence spotted which give us the signal of potential reversal towards bullish trend. So we have placed entry point above the LH level as it breaks we take an entry and we put SL & TP accordingly.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCHF has been overall bullish , trading within the rising channel in blue.
However, it is currently approaching the upper bound of the channel again acting as a non-horizontal resistance.
Moreover, it is retesting a strong resistance zone at 0.55 - 0.552 marked in...
Here is our detailed technical review for NZDCHF.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 0.546.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.543 level soon.
P.S
Overbought describes a period of...
Quick question:
Which Swiss export sector is the only one that has so far kept its head above water relatively well and did not have to report a decline in sales in the second quarter of 2023?
Write your answer in the comments!
(No cheating please!;)
That the Swiss economy runs like a (Swiss) clockwork was once upon a time.
As predicted in my CADCHF trade idea,...
FX:NZDCHF NZD/CHF: Bulls Roaming Free in the Land of Watches
A break above 0.53718 could trigger an upward spiral for NZD/CHF.
First target is 0.54500, followed by 0.55300 - be ready to lock in profits at these levels!
R emember:
Watch out for the market whales! Stay tuned for economic news and events.
Manage your risk wisely. Don't go all-in - enter with a...
The NZD/CHF pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a rising wedge pattern. This pattern, despite an initial upward angle, is often seen as a bearish reversal signal.
Key Points:
Rising Wedge Breakout: The price has been trading within a rising wedge pattern characterized by converging upward...
My dear friends,
Please, find my technical outlook for NZDCHF below:
The instrument tests an important psychological level 0.5394
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.5411
About Used Indicators:
Super-trend indicator...
Hello,Friends!
The BB upper band is nearby so NZD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.533.
✅LIKE AND COMMENT MY IDEAS✅
My dear followers,
I analysed this chart on NZDCHF and concluded the following:
The market is trading on 0.5426 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5407
Safe Stop Loss - 0.5434
About Used Indicators:
A super-trend indicator is plotted on either above or...
Hey guys! Its your girl forex potatoe.
NZDCHF has been ranging for some months now and we can also see a huge bullish divergence on Daily RSI.
Currently on this trade with a 1:2 risk/reward and its going to be a buy as its long overdue
I'm probably crazy, Yeah I know
What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy.
Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that...
Hello,Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Upon analyzing the NZDCHF currency pair chart on a 4-hour time frame, it is observed that there has been a notable break in the trend line in the upward direction. This breakout suggests a potential bullish momentum in the market.
The strategy employed involves taking trades when the market retraces after the initial breakout. This approach anticipates the...
My dear friends,
My technical analysis for NZDCHF is below:
The market is trading on 0.5371 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5388
Recommended Stop Loss - 0.5360
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations,...
