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NZDCHF

NZDCHF - 4hrs ( Sell Trade Target Range 90 PIP ) 💲Pair Name : NZD/CHF 🗨Time Frame : 4hrs / Daily ➕Scale Type : Large Scale ------ 🗒The purpose of this analysis is to spread 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 / Short Side ( ) Type : Mid Term Swing ——————————— Bearish Break 0.60000 Area Reasons 🔰- Major Turn level 🔰- Visible Range HVN 🔰- Fixed Range Lvn 🔰- Prev Week mid Break 🔰- Day Open Brea 🔰- inner Trend Break Bullish Reversal 0.58600 Profit Gains Area Bullish Major Reversal 0.590000 Reasons 🔰- Major Turn level 🔰- Visible Range Value 🔰- 2Q / low 🔰- Q / low 🔰- M / low 🔰- Pattern Mid Target
Short
by GoldenEngine
NZD/CHF Next Possible MovementNZD/CHF Technical Analysis Chart Update Time Frame - H1 According to the Pattern in Short Time Frame #STF - H1 we have #Bearish_Channel Pattern and #Rejection from the Lower Trend Line #LTL Secondly we have #Elliot_waves with the Impulsive waves completed and now it will Follow #Buy Trend to Complete its Correction Another Reason for Buy is the Buying Divergence in #RSI Indicator It is currently Standing at the Daily #Support_Level if reject with Strong Bullish Price Action then Buy
by ForexDetective
NZDCHF Looking for a pullback to go short for the week of 15 AugThis pair is obviously bearish and recently has been consolidating in an upward sloping equidistant channel. Many traders call this a bear flag pattern. What makes this setup more interesting is that price has just bounced below a significant s/r level near 0.6070. If you look at the H4 chart above, you can see 2 recent bounces off the level, the bounce today ended with a nice engulfing candle. In my opinion, we are ready to head lower. The question in my mind is whether we will see a small pullback up to the s/r level at 0.6070 or perhaps to the top of the channel structure. I am hoping that the bulls will make 1 more attempt and give us a better entry to take a short. The logical target should be located above the next support in the 0.5900 region. Always use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content. What do you think about this trade idea? Please comment and support!!
Short
by Trading_Vista