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Nzdchfanalysis

Wait for a buying opportunity to appear with NZDCHFH4 time frame. Structure: Descending channel. After down to the 50-61.8 Fibonacci zone of the previous strong up move, divergence signals are now appearing. It is likely that from this price zone will appear reversal patterns. Wait for a buying opportunity when the price completes the reversal pattern or breaks the descending channel and has a confirmed by retest. Profit target is 0.66000 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
Opportunity to sell with NZDCHFH1 time frame. Structure: Downtrend. After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500. Wait for another retest to this price, then you can look for selling opportunities. The profit target is the 0.63700 and 0.62400 zones. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Short
by tradafx
NZDCHF SHORTThe New Zealand Dollar (NZD) rallied on Friday against the Swiss Franc (CHF) known as a safe haven currency because liquidity tends to move away from the Euro-zone and into Switzerland during times of economic uncertainty. We taking this trade based on TECHNICAL ANAYSIS and FUNAMENTAL ANALYSIS, We expecting the pair to re-test the key support levels listed on the chart before a Bullish continuation. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like, follow and share for more useful content
Short
by Pro-Trading-Africa