Nzdchf-short
#NZDCHF Best Set Up For Coming Week...#NZDCHF Best Set Up For Coming Week...
For me this Minor Pair looks really good
We can see a H&S Formation in the TOP of the structure
Also WE can se a Hidden Channel and how price reacts is lovely
Personally I would expect a Drop
Nice Areas For Sell
Entries: 0.6225 and 0.61575
Invalidation Level: >0.6275
Profit Area: 0.6025 And 0.5925
🔱38 and 62 Emas (Price is Testing )
🔱200 EMA Lower 0.602x (MAJOR Level Of Confluence)
🔱🧮HEAT MAP🧮 Showing Consolidation in certain levels
possibility to go short on NZDCHFFpossibility to go short on NZDCHF. As you can see, we have got a breakout and a pullback.
let me know your thoughts!!!
NZDCHFIf the price respect this resistance zone and get a good rejection confirmation we can have a good sell oportunity here.
Affter the trendlines
NZDCHF (Short)An ABC ZigZag with a target of the lowest low or daily fibonacci fan. The C with analysis on a lower time frame has started. 1min & 15min are showing 5 clear impulsive waves short. With the C starting a 38% fibo retracement im targeting the low using the fibo extension of this move so the distance it should travel is 1.61% from the start of A.
NZDCHF SHORTA breakout to the downside with confirmation on the MA Cross and sentiment change. TDI Baseline starting to decrease from an over bought position. Also looking like a double top on H1.
Price Action NZD/CHFWaiting for the price to continue in a bearish direction after the rebound at the level of 0.63500
NZDCHF SHORTNZDCHF , Price is now at the zone where previous support and now turn into resistance and as we can see price is moving withing the channel ! I will wait for the price to breakout first then entry on a retest !
NZDCHFNZDCHF had created a liquidity void that needs to be filled in other confirmations that I have following this trade are slowly coming together I still haven't got in the trade Im waiting to see if the market goes up to a higher price and will drop down after that. Just sharing a trade idea.
NZD/CHF Trade IdeaHello and welcome to my Trade Idea of the currency pair NZD/CHF.
Lets start with the Top Down Analysis.
Monthly: The monthly timeframe is very bearish with strong bearish candles.
Weekly: On the weekly timeframe we see the strong bearish waves.
Daily: We see on the daily timeframe a pullback to the upside.
H4: Here we draw the counter trendline and expect a push to the downside.
Have a nice day.
NZDCHF Shortentry on continuation down. Primarily looking at super guppy in changeover state of grey. TSIs and RSI, RVI, and 10/5 all painting bearish. Also put entry 36 pips above market entry. ATR 74 for SL/TP.
NZDCHF Potential SellNZD looking ready to switch fate into a bearish market with CHF strengthening. Potential Short on NZDCHF which is currently trending near trendline structure (3rd tap) and below fib level.
Selling NZDCHFOn the H4 chart of NZDCHF, it seems that the price is starting the 5th Elliott wave down after completing the 4th wave.
NZD/CHF - EXPANDING TRIANGLE IN PLAYExpecting the pair to push down all the way and retest the 0.6800 psychological level which also coincides with the 78.6% retracement of the previous impulse (see updates section)
It's giving a nice triangle correction, and triangle corrections tend to precede the final actionary wave so this would make perfect sense as we're setting up for wave no.5 even though i'm not a huge fan of counting.
My personal details:
Short @ Entry: at market, SL: 0.6845, TP: 0.6795
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
