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Nzdchf!

NZDCHF 1st try A short Trendline break confirms a SELL signal !Our first Major Target comes in at over 7.5r We are often asked what the concept of R or R:R means. Simplified it means for ever $100 RISKED we are looking to get back 7.5 times more, so therefore in the case of this trade we are looking for $750 for each $100 dollars that we are risking. Feel free to send us any of your questions that you have we are here to help and share our knowledge! =========================================================================================================================== NZDCHF 1st try A short Trendline break confirms a SELL signal! Great risk to reward potential on this idea will enable us to take another shot at this trade if it fails after a SELL SIGNAL Check out our other trade posted today. We are still short NZDJPY. We are long JPY overall. =========================================================================================================================== Subscribe to this channel and follow this trade idea and others that we post if you are SEEKING PIPS! ===========================================================================================================================
Short
by seekingpips
NZDCHF Next Opportunity For This PairHello Traders, here's how I'd be approaching NZDCHF for possibly shorting opportunities. Overall on this pair, we're down-trending on higher timeframes and we're really just scaling down to lower timeframes to look for entry reasons to the downside, at least until the HTF bullish bias is invalidated. We've been able to catch shorts with members of our community in previous times for a decent 10RR, and today I'd share with you our next entry zone that we;d be considering for more shorts. The zone marked in yellow is a decent supply zone on the daily timeframe, one from which we can expect a distribution and continuation to the downside. It also tallied with the premium fibonacci level 61.8 which is also a very decent price level to consider shorts. This is just a trade schematics and we'd urge that you also do your research. However, we will stay reactive and will be eyeing this zone for possible trade entries. Give us a thumbs to support us make more updates as we see them on the charts.
Short
by Tradeforpipsfx
NZDCHF - 4hrs ( Buy Trade Target Range 200 PIP ) 💲Pair Name : NZD/CHF 🗨Time Frame : 4hrs ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish Break 0.57800 Area Reasons 🔘- Major Turn level 🔘- Visible Range Hvn 🔘- Channel Break 🔘- P D H 🔘- P W L 🔘- BOS & CHocH 🔰Bearish Reversal 0.60000 Area Reasons 🔘- Major Turn level ( M ) 🔘- Visible Range Poc 🔘- Pattern Target 🔘- 3 Q / High 🔘- Q / High & M / High
Long
by GoldenEngine
6