What we are waiting on NZDCHF by ThinkingAntsOkMain items we can see on the chart:
a) The price is inside an ascending trendline
b) Currently, we can see a corrective Structure (yellow line)
c) What we are waiting is a bullish breakout of the correction
d) If that happens we will wait for a corrective structure on a lower timeframe like 1H or 30M
e) The target we will be aiming is 0.62900
NZD-CHF
NZDCHF - SWING - 30. JUNE. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Sideways moving market structure.
4 HOUR
At range low, expecting another push to the upside.
DAILY
Overall turning bullish now, good long entries!
-
FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.61050
SL @ 0.60720
TP @ 0.61520
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
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6070
TP2= @ 0.6040
TP3= @ 0.6005
TP4= @ 0.5965
TP5= @ 0.5935
SL: Break Above R3
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Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 55.
Take Profits:
TP1= @ 0.6070
TP2= @ 0.6040
TP3= @ 0.6005
TP4= @ 0.5965
TP5= @ 0.5935
SL: Break Above R3
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. . . . . 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!
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Trade well, ❤️
ForecastCity English Support Team ❤️
NZDCHF ANALYSISNZDCHF rebounded from major uptrendline with bullish movement
Pair is based above demand zone at level 0.6040
Price broke corrective downtrendline
MACD shows start of bullish momentum
RSI rebounded from oversold region
It's expected for the continuation of bullish momentum to first target key level at 0.6170
then finally target supply zone at level 0.6300
NZD/CHF Rejects 0.63 handle, turns lower. The NZD/CHF rejected the 0.63 handle and turned lower. As of this writing, the NZD lost the 0.62 handle and is in the process of losing the 0.61 handle.
I'm looking for a minimum test of the 0.60 handle, where you can see clear resistance before price finally managed to close above. This serves as my first profit target on a short position.
If we get below the 0.6 handle convincingly, I'd be interested in layering on another short on a retest.
NZD/CHF - SHORT - LARGE PIP MOVEMENT FAVORABLEOverall outlook bearish, from monthly time frame market has broken through support then retraced to new resistance (currently retesting)
Accumulation Phase, hedges generating liquid before they short. Seeing a build up here, Market may soon drop from resistance to next major support
200EMA shows downtrend on M,W & Daily
NZDCHF WEEKLY OUTLOOK JUNE 15-19NZDCHF is looking to fulfill an inverted head+shoulders pattern based on the 4H and lower timeframes. The markets reacted this week with the Federal Funds Rate being kept at 0.25% for the USD. The markets have reacted strongly to that decision and has showed signs of trend reversals/USD strength in most pairs. The criteria I am looking for regarding this pair is 1 of 3 things. A 4HR bullish closure above 0.61467. Whether that be a bullish engulfing candlestick, bullish inside bar pattern, or a bullish pin bar candlestick. This should take this pair to 0.62200, which would equate to about 70 or so pips. Patience is key.
NZDCHF SHORT TRADE SETUP OF 120-PIPSPlease manage your risk. Use Stop loss. And do not take blind entries.
If you have question let me know. If you want to analyze any pair let me know.
This is just an idea. what we see.
Market can go in the opposite direction, what we analyze. so we have to manage our risk and adopt the situation accordingly.
NZDCHF - SWING - 11. JUNE. 2020Welcome to our weekly trade setup ( NZDCHF )!
-
1 HOUR
Very bearish price action this week.
4 HOUR
Price closed below main sr level, expecting another push to the downside.
DAILY
Overall very bullish market turned now!
-
FOREX SWING
SELL NZDCHF
ENTRY LEVEL @ 0.61570
SL @ 0.62760
TP @ 0.59840
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
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 0.6145
TP2= @ 0.6042
TP3= @ 0.5975
TP4= @ 0.5902
TP5= @ 0.5755
SL: Break Above R2
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. . . . . 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 ❤️
Don't miss the great sell opportunity in NZDCHFTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 0.6145
TP2= @ 0.6042
TP3= @ 0.5975
TP4= @ 0.5902
TP5= @ 0.5755
SL: Break Above R2
❤️ 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 SHORT TRADENZDCHF rebounded from daily supply zone at level 0.6190
Price rejected from upper edge of rising wedge pattern
MACD shows weakness in bullish momentum
RSI reached overbought region
It's expected for coming correction to target key level at 0.5970 which corresponds to lower edge of rising wedge
ANALYSIS ON NZDCHF SHORT ENTRY ON THE 4H AND 1H TIMEFRAMENZDCHF SAW STRONG SELL PRESSURE ON THE MONTHLY LOWER ZONE
AN IMPULSIVE MOVE BY TH PRICE WE SAW A PUSH TO THE DOWNSIDE ON THE 4H TIMEFRAME
NOW WE WAIT FOR EXHAUSTION ON THE 1H (RETEST OF THE SELL PRESSURE) AND RE INJECTION OF SELL PRESSURE
THIS TRADE WILL BECOME INVALID IF PRICE BREAKS MONTHLY ZONE TO THE UPSIDE