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NZDCHF

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 GentleGoldenEngine
6
NZDCHF Long Resault: 170 pips Profit✅Considering the pullback and the reaction to the middle range of the descending channel , I expect the growth to the top of the channel if the pullback is confirmed Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
NZDCHFConsidering the pullback and the reaction to the middle range of the descending channel, I expect the growth to the top of the channel if the pullback is confirmed Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Long
by Hamiratrading