Seeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline. I'm expecting NZD weakness in the coming week so monitoring LTF's carefully. I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.
Selling because of the sellers have been taken out. Notice how sellers got taken out this confirms the sell
I see a small down move before a medium up move. I will not enter the down-move because is small and risky, instead, I will look for the buys from the bottom because it has a good chance of giving me the pips I want. What is your view? Trade with care!
On the pair, support has shifted from the buyers' to the sellers' camp This is a bearish rebound configuration In theory, prices could soon start to fall again
After price had been moving up with decent momentum, it began to retrace back down in a form of a descending channel, which is a form of internal liquidity. Price held this formation all the way down till it tapped a long term demand zone, taking out liquidity below the established channel in the process. It preceded to break an internal structure strong high,...
The trend is clearly downward Prices have bounced off the bearish support and could now head back down Nothing is guaranteed, but as long as prices are in the red zone, I'm selling the pair.
Hello guys According to the chart that you can see after we signaled that the price ready to go up from that support zone area and ready to break all the resistance, At this time after the pull back to the trendline the price is ready to go up one more time again and we will try to update the price of movement for all of you. If you have any question send us...
As We Talked in The Previous Analysis: -The NZDCHF Price Reached A Support Level (0.51902 - 0.52084). -The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level. Currently, -The Price Pull Back to 0.5 Fibonacci Retracement Level ! -and Formed a Bullish Falling Wedge -and Now it Will Continue its Bullish Movement ! ----------- TARGET: 0.54075🎯
We can see NZDCHF trying to escape from a long term downtrend. It's been a while that it's consolidating and after some stop hunt for sellers, looks ready to go up in a new up trend.
In my humble opinion, this resistance won't last much longer. And according to theory, this configuration is rather favourable to a bullish continuation. Finally, on the whole, CHF seems to be losing ground on other counterparts too. Personally, I can see the pair rising even higher soon
Analysis: Price is now extended and we will begin shorting with a smaller position size. It is possible that price will continue its upside momentum thus the smaller position size for the initial trade recommendation. Short opportunity: Short at market reopening towards 0.53431 as Take Profit - 1 level. (Trade is already active) Despite being an active user of...
OANDA:NZDCHF H4 and D1 analysis . Classic Analiysis (Tex Taxlil) ,Flag Pattern ,Support and Resistance lavel.
price has been creating LL and LH CHoCH indicates potential push to the downside to take out targeted liquidity break of support zone and entry with stop loss safe from retest, TP at targeted liquidity, will look to move stop loss to break even after a break of structure on 15m.
Bullish flag pattern. Price is currently trending and has touched My ema... It's also on a Support zone..... We have a double bottom formation also... Multiple confluences... Looking to go Long here.
Hey Traders, Take a look at this analysis on NZDCHF. It's advisable to wait for a breakout either below or above the flag pattern, which appears to be forming gradually on the RSI indicator. Keep a close eye on this development.
I see the right point for a good bye is probably the green range and the final target of the red range, we will wait for now...