NZDCHF Trading Plan - 14/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect NZDCHF to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
NZDCHF
NZD/CHF- Swing trade Hi,
I'm really bullish on the NZD/CHF pair. If we can grab a long on a pullback to the the 0.382 fib level mixed with the hourly support I think it will be a great opportunity.
This hour we have seen the CPI news that has spiked the entire market, however over the next few hours I'm expecting volatility to drop back to normal and the trade set up to be triggered.
Gl if you join
SNR - Entry NZDCHFNZDCHF on the first day of second week in the first month of 2023, spotted a SNR level. where the price was support initially and then become resistence on the breakout marking out 4 strong rejections and breaking on the fifth one.
this entry will be on the first level of support becoming zone.
cons are price too shaggy and might not hold that zone but could mitigate the extremes.
NZD/CHF LongHello there !
Seems that pair NZDCHF has already broken the trendline and then possibly will continue the uptrend . I have a bias also that there is a Head and Shoulder pattern being formed , so for that reason i think pattern will continue to be completed.
My targets are : 0.6005 / 0.6040 / 0.6070 , meanwhile my stop loss is 0.5824 .
Good luck !
NZDCHF SHORT AnalysisHello to look out next week, any suggestion and Ideas would be much appreciated. if you like
my Idea just give a comment or like.
Were growing and Moving guys. Thanks to 50 followers
I will update this Idea by Tuesday Because Monday has low volume. We watch this!
We enter Trade that has confirmation on lower timeframe.
This pair looks obvious to us, market needs liquidity to move. becareful of entering so you cant got sauce in the middle.
BUY [NZDCHF]NZDCHF Setup / Analysis
🕐 1hr's Chart
Key Technical / Reason's LONG
———————————
What is our confirmation?
- Breakout trendline and retest
- Resistance Support level
- Pressure zone
- Ascending Pattern
- Descending Pattern
- The pivot zone
- Demand Supply
- Candlestick Patterns
- Orderblocks
NZDCHF Short with 4x Potential ReasonsReasons:
1: Rising Wedge Breakout
2: Trendline Breakout
3: Key Level Breakout
4: Change in Market structure
Summary:
NZDCHF remains in an overall down trend despite the pull back which we consider to be a bear market rally.
We have spotted several price action patterns which signal the potential increase in strength of the CHF
currency which has resulted in the formation of this selling opportunity.