NZD-CHF
Bullish NZDCHF for 8/218/18's candle closed above the 3 SMMA after closing below on 8/17. Therefore, I am expecting 8/21's candle to close above the 3 SMMA .
I will be looking for buy signals on the hour time frame that look similar the buy signal on the daily that you see here (candle close below 3 SMMA , then candle close above 3 SMMA ).
This is a day trading technique and I will not hold any position over night.
My plan is to place 2 trades once I get a buy signal on the hour time frame. One trade will have a 20 pip stop and a 20 pip take profit target. The second trade will have a 20 pip stop and no take profit target. The second trade is designed to grab any strong bullish movement for the day. Each trade is worth 1% of my beginning daily account value.
NZD/CHF ShortPerfect daily rejection from the horizontal resistance. We will start seeing this thing move down. Broken clouds on the lower time frames. Good time to short!
NZDCHF Wait For Break Out Then BuyNZDCHF is showing a promising buy setup in the making. The price is now approaching a resistance that has been tested twice before. So statistically the chances of it breking are only increasing. Besides that we also see that Stoch indicator has lots of upwards momentum left.
Possible target is 0.7776
NZDCHF QUICK SHORT TO THE DOWNSIDEHi traders:
Here we have a quick opportunity to go short on NZDCHF. I am bias on bearish on all NZD pairs, and NZDCHF is one of them that gives a clearer entry point. We are seeing a nice bearish flag pattern developping on the 1 hr chart, and potential targeting the recent lows.
TP1: 0.6965
TP2: 0.0625
Thank you for your support and feedback.
Nzd Chf shorta potential short here with shs right at resistance with rsi divergence in play
after break of trendline i will open half position and add another half after support/neckline break
stay patient
Need your commentsI need some comments guys...
The channel is clearly rejected and created a flag on the 4H to move further lower.
From the other hand, the Cypher pattern looks decent and increasing the chance to move higher up to point D.
How do you see this?
NZDCHF Buy This BreakoutAfter breaking the upper range earlier today NZDCHF is now also breaking the 14 EMA, besides that the Stoch RSI also shows strong buying pressure and the ADX made a strong bullish crossover. This all together makes it very likely the NZDCHF will head to atleast the 72 EMA and possibly break it.
Buy: around 0,6770
TP: 0,6820 > 0.6890
SL: 0.6720
New Zealand Dollar / Swiss Franc DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas".
Alright everyone, check this break of trend that happened these last two weeks. Didn't go too far though, hit previous support and bounced back up on the last hours of Friday's trading.
So lets wait for a break of previous support and confirmation of a trend reversal.
Here's a look at the hourly hitting the fibonacci retracement levels:
Practice patience. Safe trading!
Direct Signal (NZD-CHF)Sell NZD-CHF Now
first target 0.7180
second target 0.7100
stop loss : if any daily candle close above this level ( 0.7322 ) we will close this trade
when the price hit the first target we will move the stop to entry and we will see the drop to the second target
Short Idea on NZDCHFWe have received the impulse that has confirmed more downside for this pair. Now price is starting to form a corrective pattern. It is best to look for short after the corrective pattern is completed. Good luck everyone
NZDCHF - Sell OpportunityNZDCHF has closed below the middle Bollinger Band. RSI is below 50. SL set at 60 pips. TP set near previous lows.
