✨ NZDCHF...UT ✨ Swing Trade ✨✨ NZDCHF...UT ✨ Swing Trade ✨
- SL @ 0.5300 🚫
BLO @ 0.54421 ⌛️
BSO @ 0.57441 ⌛️
TP1 @ 0.62380
TP2 @ 0.70565
TP3 @ 0.75736
Current Opportunity
Our team foresees a notable downtrend retracement for DXY, leading to a bullish stance on NZDCHF. Our strategy involves partially reducing our position by 25% at the first and second take profits, ultimately closing the entire position upon reaching our third take profit.
Big Picture
Following the projected downward retracement, we anticipate DXY to sustain its upward momentum, which is expected to extend the bearish trend of NZDCHF in the long term. As we approach TP3, we will provide an update regarding a potential short position.
Happy Trading!!
NZD-CHF
NZDCHF: Multiple Time Frame Analysis & Bullish Outlook 🇳🇿🇨🇭
NZDCHF is trading on a key daily support.
Analyzing the reaction of the price to that structure on intraday time frames,
I spotted a double bottom pattern on 1H time frame.
The neckline of the pattern went broken.
I believe it increases the probabilities that the pair will pull back.
Goals: 0.5518 / 0.5535
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NZDCHF Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring NZDCHF for a selling opportunity around 0.566 zone, NZDCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.566 support and resistance zone.
Trade safe, Joe.
NZDCHF - 500pip Wave C... Catch it!NZDCHF is showing us a nice clear FLAT correction = 3-3-5. We've completed waves A and B. We are now in Wave C.
We are still at the very start of this massive move so an entry here would require a relatively small SL!
Trade Idea:
- Enter with stops below the lows
- Target: 0.578 (300pips), 0.6 (500pips)
Goodluck and as always, trade safe!
NZDCHF:Classic safe haven continues to outperform commoditiesHey Traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0.55000 zone, NZDCHF is trading in a downtrend and now sees to be in a correction phase in which it is approaching the major trend at 0.55 psychological level. Moreover we have a bear flag that have formed on smaller timeframe that should confirm further downsides. We would also consider NZDCHF shorts for the fact that CHF is considered a safe haven in time of uncertainty in the market and also if stocks goes bearish that should be a decent confirmation for NZD downsides as NZD does correlate positively with the indices.
Trade safe, Joe.
NZDCHF - Catch This Breakout!NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C.
Trade Idea:
- Watch for lower timeframe reversal through trendline break, BOS etc
- Enter with stops below the breakout lows
- Targets: 0.584 (300pips), 0.604 (500pips))
Goodluck and as always, trade safe!
NZDCHF Same Bearish Outlook, Short Term Sell Setup
Similar like NZDUSD, we can also expect a bearish development on NZDCHF.
As usual, after an impulse phase, price formed a continuation correction to correct the impulse.
From the correction, there is a confirm impulse push down the price. This is good confirmation of bearish trend.
Now price has form another smaller correction,
watch for price to break out and look for lower time frame entries to sell to previous lows.
NZDCHF | COULD BE A GOOD SHORT SELLHey Traders!
Hey everyone hard markets today, but after 2 hours we found something that could be worth our time, its not ideal but we should be able to re-test the previous bottom level on the 4h timeframe, I expect a bigger burst of sell orders at the top of resistance, that's likely the turnaround point, maybe waiting for that could give you a better risk reward as well.
NZDCHF: Expecting more downside strong CHF, weak NZDPurely based on the general performance of the two currencies.
NZD has been very weak, we can see commodity prices falling and this looks set to continue.
I believe we have a double top and the neckline is broken, so expecting a continuation to the downside this week.
Selling the Kiwi: A Bearish Look at NZD/CHFHello Traders!
All timeframes are trending towards the downside, swiss is a more dominant currency overall against the kiwi. We do have a fairly strong support level nearby around 20-30 pips so make sure to bank some profits as usual once reached, if the bears manage to break the support this should continue dropping much further basing on the higher timeframe analysis.
NZDCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for NZDCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - SNR EntryNZDCHF has made a huge success in bullish run since october as well. Now NZD has a bullish record but for CHF it is also bullish which could push NZD down. Upon Tom GDP news event
Cons are this scenrio did also happen long 4 to 5 months ago but the snr was not quite fixed and now again here, but the SNR seems proper.
also, the 1D candles shows bearish candle has crosed 2 days bull candle. now its tom we have to see what happens
NZDCHF - Wait For It!⏰Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on H4: Left Chart
NZDCHF has been overall bullish trading inside the blue rising broadening wedge. However, it is currently sitting around the upper trendline acting as a non-horizontal resistance.
Moreover, the green level 0.597 is a resistance zone.
on M30: Right Chart
For the bears to take over, we need a momentum candle close below the last low in gray.
Meanwhile, until the sell is activated, NZDCHF can still trade higher or even break the resistance zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich