NZDCHF looking for short 🦐NZDCHF on the daily chart hit the descending trendline and now and got rejected.
The market is moving in a lower low lower high move.
If the price will break below the 0.60500 and consequently break the minor channel and the support we can set a nice short order according to Plancton's strategy.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZD-CHF
NZDCHF a false breaout 🦐NZDCHF on the daily chart is testing the bottom of a channel trendline and a daily support.
The market couldn't create new highs and with the last two 4h candles we have seen a clear false breakout.
IF the price will break and close below the structure we can set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
NZD
NZDCHF - SWING - 05. OCTO. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bearish break and closure below main sr level.
4 HOUR
Looks like prices might turn bearish now..
DAILY
Good short entries to follow midterm trend.
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FOREX SWING
SELL NZDHCF
ENTRY LEVEL @ 0.60900
SL @ 0.61130
TP @ 0.60570
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF 4H SHORTPrice has been in a downtrend since before covid. Rejected monthly support on a higher timeframe. Below 50 & 200 ema. Rejecting golden fib zone which could also end up being wave E(after wave E a breakout normally occurs). -61.8% target also matches with W formation that hasn't been tested.
Like and LMK your thoughts :-)
NZDCHF: Potential Harmonic Bat Patter & Swing Trade
NZDCHF, for now, is unstoppable.
the pair keeps falling without pullbacks breaking key daily levels.
the next safe buy zone will be 0.5964 - 0.5934.
this area is based on a horizontal daily structure, 618 retracement of the major bullish leg, and completion point of a harmonic bullish bat pattern.
from that zone I will expect a pullback at least to 0.6024 level with a potential continuation to 0.607
good luck
NZDCHF a double top 🦐NZDCHF on the weekly chart is moving inside a huge descending channel.
The price on the daily chart couldn't break the weekly resistance around 0.62 level.
Recently the market created a double top and broke below the daily support at 0.60500.
If the price will retest the daily structure and turn back into a bearsih outlook on the higher timeframe, we will set a nice short order according to Plancton's strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
NZDCHF in a bear flag? 🦐NZDCHF on the 4h chart retraced back till the 0.618 fib level of the previous bearish move.
The market created a bear flag inside a minor channel.
IF the price will break and close below the support structure and consequently break the channel, we can set a nice short order according to Plancton's strategy.
------
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
NZD_CHF STRUCUTRE LONG| TRADING PLAN
NZD_CHF IS HAS BROKEN OUT OF THE DOWNWARD WEDGE AND IS BULLISH CHARGED|
(1) LONG now at pullback, after the first breakout
(2) Reaching T1 would mean a second confirmatory breakout>>> double the position
(3)T2+T3=realistic targets
(4) IF flops and goes down to the horizontal support>>>small retracement long from there too!
__________________________________________________________________________________
LIKE and SUBSCRIBE for VIBES!
NZDCHF - SWING - 14. SEPT. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Bullish market open and pressure.
4 HOUR
Price closed above main sr level, good long entries!
DAILY
Overall bullish market in a downside movement, good reverse entry..
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FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.60780
SL @ 0.60450
TP @ 0.61360
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF on a retracement move 🦐NZDCHF on the daily chart hit the discending trendline and started a retracement move.
Market is currently testing the 4h structure.
IF the price will break below the support area we can set a nice short ordr according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Don't miss the great buy opportunity in NZDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5965). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 0.6045
TP2= @ 0.6090
TP3= @ 0.6165
TP4= @ 0.6222
TP5= @ 0.6295
SL= Break below S2
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Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
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Don't miss the great buy opportunity in NZDCHFTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.5965). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. NZDCHF is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 70.
Take Profits:
TP1= @ 0.6045
TP2= @ 0.6090
TP3= @ 0.6165
TP4= @ 0.6222
TP5= @ 0.6295
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
NZDCHF - 13% banked on the buy, yes 13% now sell! NZDCHF- sell position now valid.
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
NZDCHF bounce at the bottom of the channel🦐NZDCHF bounced at the bottom of the daily channel and is now testing the daily structure for a possible break.+
IF the market will break above the resistance area we can set a nice long order according with PLancton's strategy.
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.