Bullish indications: Resistance has broken. Major support respected. made a new high and currently at higher low. AB=CD pattern complete. Bearish indications: LLLH Trade plan bias long @ 0.52231 SL:0.51882 TP1:0.52597 TP2:0.52900
Many possibilities here. No one has a clue what direction price could go in. Maybe it puts in a double bottom and heads up, maybe it doesn't. Plan ahead in case things don't work out. Be prepared to short, or sit on your hands and wait. Simple.
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity NZDCHF I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
we got a bullish candle at the support zone yesterday so i mad my entry on smc
Hey all! Got some news for y'all about the challenge! I decided to update the SL on the second half of this trade as the market seems to be getting ready for a correction. As always, here are the notes from the journal, enjoy! As the market reached the first profit target, I noticed a slowdown on the last bearish push. Given the strong bearish impulse the market...
Long NZDCHF 1H EP: any price below 0.52188 TP1: 0.5230 TP2: 0.5240 TP3: 0.5250
NZD CHF has a huge long potential where you can easily hold until the end of the week at least. We can see an RSI divergence on the daily chart and selling volume has waned off. Trendline has been broken and the pullback is completed. In my opinion a long here is still early. Please backtest and make sure it aligns with your strategy before opening up a position.
So as we can see NZDCHF is on all time low support level So if it bounce back it can give us 300 pips target for risking only 30 to 40 pips
Bottom pick of NZDCHF get the benfit of big ride. NZDCHF going up follow with the help of trend analysis and Fib retracement.
A #long trade opportunity recently presented itself on the #kiwiswissy (#NZDCHF) #trading chart 📈. This is indicated by the #bullish harami candlestick 🕯️ pattern just above the 0.51881 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should see...
Hello Traders In This Chart NZDCHF HOURLY Forex Forecast By FOREX PLANET today NZDCHF analysis 👆 🟢This Chart includes_ (NZDCHF market update) 🟢What is The Next Opportunity on NZDCHF Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Buying the pullback as its rejecting strong H4/DAILY SUPPORT. Aiming for targets at the H4 lower low, will then make the transition and trade the downtrend once structure targets have been met.
Hey everyone! Great news for the challenge series! We have a TP1 for the NZDCHF position. I think this is the cleanest entry we have made so far! As always, find below some notes from the trading journal, enjoy:D We achieved the first profit target with ease, the market has shown extreme bearish signs with little signals of exhaustion. I'm sticking to the...
The Kiwi Dollar has been very weak against the Swiss Franc for pretty much the entirety of 2023, with the last noteworthy bull run occurring last autumn. After this year's prolonged and massive bear run, the pair has finally reached its all-time lowest price. The current area around 0.52 seems to have potential as a good support price. I feel a short-term bullish...
Last week's low was not breached! However, it bounced back impressively! The previous week's high is quite far, almost halfway for potential trading! Let's use a tight stop because we are anticipating a bounce from the weekly low! It attempted several times to break below but couldn't sustain, and it bounced back nicely! Let's see if it will go higher!
nzdchf is still bearish but approaching a buying level and could see a push up towards 0.54 and beyond