A short position can be taken on the specified levels There is no position before reaching the surface
Hello Traders ! On The Daily Time Frame,The NZDCHF Price Broke The Support Level (0.53044 - 0.52822). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. TARGET: 0.52220🎯
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
An MMXM on the 1-hour time frame on NZDCHF is a very strong reversal signal. I am waiting for a slight pullback before entering this trade with a 1:2 risk-to-reward and I place my stop-loss below the lows.
NZDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level. If the sell momentum continues the next target could be 0.5240 What you guys think of this idea?
NZD CHF SELL continuation of trend channel entry at 0.52860
RSI is negative and has bounced of resistance. 4h is in a downward channel with stochastic being overbought.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
NZDCHF is trading within a falling channel on a daily. The price reached its support on Friday. As a confirmation of the strength of a trend line, the pair formed a tiny double bottom pattern on a 4H time frame and broke its neckline. We can expect a pullback now. Target - 0.53 ❤️Please, support my work with like, thank you!❤️
I'm calling it on this swing. Reversal is near. Strong Bullish Divergence? Fundamentals are some what questionable with NZD itself however the good ole swiss franc should be weakening this year. We Have some upcoming economic events next week for NZD. Balance of Trade Import Export After, we should see some retail data and such be released for the swiss....
Hello,Friends! We are targeting the 0.527 level area with our long trade on NZD/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Based on my pov Nzdchf is bias to the upside with 30 point of risk Currently price is rejected the 4h demand and 1h timeframe
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
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current NZDCHF chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.529...
Hello everyone ... Use good RISK management only thing important in Trading is how you manage your trade... WHAT YOU THINK ABOUT THIS PAIR LET ME KNOW IN COMMENT.. .. good luck..
NZD CHF has completed 5 waves to the downside. I am expecting price to climb to the higher highs on D1 TF. Price has bounced of daily support and should be going up non stop from here for at least a month. Check with your strategy before entering a trade! Trade safe guys!