NZD/CHF tab on weekly bisi mss happend. create bisi target deviation.
H4, Price formed a lower low and lower high confirmation a bearish bias. H1, Price have retraced into a resistance level after weekend swing, As price did not breakthrough the resistance level. In M15 Price took a lower low & lower high, forming a downtrend consolidation. Taking short trade at the night line with a tight SL of 15pips only. Targeting H4 swing low
We are looking for major downsides going into the next week. Bearish bias and heavy downside has been presented. Looking for serious sell pressure to continue higher timeframe wick fill. This setup is not common which is why I am focused on trying to get the most optimum entry that I can get.
------------------- Technical Analysis: CHF/NZD --------------------------- XABCD Harmonic Pattern Formation: The CHF/NZD currency pair has recently exhibited the formation of an XABCD harmonic pattern, suggesting a potential reversal in price action. This pattern, characterized by specific Fibonacci ratios between consecutive price swings, has reached...
Hello,Friends! Previous week’s green candle means that for us the NZD/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 0.535. ✅LIKE AND COMMENT MY IDEAS✅
Here is our detailed technical review for NZDCHF. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 0.538. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.534 level. P.S We...
on a bullish trend after the break of the trend line to the next level
Continuation of the downwards trend with a rejection from the trend line, bearish FVG and FIB level for a sell down to the two hour demand.
First Video First trade lets see how we do we in a down trend and we are trading tell we see a reversal OANDA:NZDCHF
On NZD/CHF , it's nice to see a strong sell-off from the price of 0.54060. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated. I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again. The downtrend combined with the...
Price is rising towards a resistance level which is an overlap resistance which aligns with the 38.2% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.54037 Why do we like it: There is an overlap resistance level which aligns with the 38.2% Fibonacci retracement. Stop loss: 0.54366 Why we like it: There is a pullback...
NZDCHF is currently ranging within a channel. There is an opportunity to potentially buy at the bottom of the channel. Buy limit orders may be lucrative. Trade Smart, The Chosen One
✅NZD_CHF is going down And the pair broke the Rising support and the Breakout is confirmed So after a local bullish Correction we will be Expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
fvg AND oRDER BLOCK PLUS currency strength WAITING FOR nzd INDEX TO GO UP
W1 ranging, D1 rejection on resistance 0.54214. H4 down trend. SL - 0.54305, TP - 0.53963
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.