NZD-CHF
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.
NZD/CHF Daily update (08/12/16)Waiting to sell at trench
Volume starts to die down
Key Resistance
- 0.74
Key Support
- 0.71
NZD/CHF H4 Update (04/12/16)Short term bearish.
Good LRE to short.
Candle is not so favourable, however it is in a nice zone.
Key Support
- 0.712
Key Resistance
- 0.722
NZDCHF - Break, Flag, SellNZD has been quite weak for some time now. It would be good to catch them.
Manage your risk & your account will take care of itself.
NZDCHF Major Support Break And Reversal Wedge **Short**This pair has broken a major support trendline and is looking to be forming a reversal wedge. I am expecting another bounce from the new support of wedge, then a large break down.
Wait for a clean break down to go short.
It will be invalid above the resistance around the 0.72865.
FX:NZDCHF
Long term pattern break pending?Nzdchf enjoys channel formations. Price action indicates a return the lower channel next week. I will monitor this pair.
Each channel have multiple price reversals at each level.
Not a trading pair for the novice
Idea only. ;)
NZDCHF SELL STRUCTUREGot a pretty long and drawn out up trend here that recently failed the trend line. I love this one in particular because it started this triangular consolidation right after it broke through the trend line with good downward momentum. A slight rest here with this triangle taking shape should give way to a nice bearish move. Sell the breakout. Enjoy!
NZD/CHF Gartley Pattern Short SetupNZD/CHF could not form a higher swing high and reversed from the resistance zone. This Pair formed a nice Gartley Pattern. Now I'll wait for a breakout to the downside (out of the ascending Trendline) and enter my short Position after a breakout on alower Timeframe.
Profits and Stop Loss are shown in the Chart.
Trade safe, Daniel
Likes and comments are appreciated and would keep me motivated
NZD/CHF - Triangle breakoutWe have waited this moment almost 2 months and now triangle broken. First have to wait to break the top (0.68775) then we can hold longs till 0.72 area. For stop loss previous daily low or weekly low can be applied (depending on your money management).
