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
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.
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.