NZDCHF
NZD/CHF BEST PLACE TO BUY FROM|LONG
Hello,Friends!
Previous week’s red candle means that for us the NZD/CHF pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 0.557.
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NZDCHF: Growth & Bullish Forecast
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bulls are taking over so we will bend to the will of the crowd and buy too.
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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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NZD/CHF: Day Trading Analysis With Volume Profile 📊 On EUR/USD is nice to see strong sell-off from the price 0.56280, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong S/R zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZDCHF ____ INCOMING BEARISH TRADEFellow Traders,
NZDCHF has been cooking and right now I would say it is ready to be served. This pair had made a bearish impulse on the weekly timeframe and now, it has retraced into a key zone which is an FVG on the daily timeframe. I am not looking for another bearish leg on the weekly I just expect a short-term bearish reaction to the zone as I have marked on my chart.
Hopefully, my setup come before this move so I can take a trade because right now, it seems it might leave without me...LOL
What do you think about this trade idea? are you also watching it?
You might also want to keep an eye on EURNZD and NZDUSD.
Cheers,
David
NZD/CHF: Day Trading Analysis With Volume Profile 📊 On NZD/CHF is nice to see strong sell-off from the price 0.5700, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Strong support zone from the past + Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZDCHF - Short from premium zone ✅Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts from premium zone. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.57000.
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