NZD/CHF Running In 40 Pips From Last Analysis , Did U Catch It ?This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Nzdchfanalysis
Coming up… NZDCHF long .. the week of 10 May, 2021This pair has been mostly bullish since May2000 but is consolidating in a downward sloping channel since February this year. As you can see the channel structure is very clean and price has been respecting it both to the up and down side. Note also the area around 0.6480 that has been a good support. I am looking for price to come down to this area and if it holds, I will take a long position.
It is possible that price will slice through to the downside in which case I will be looking to see if the channel structure holds again. Either way, I am of the opinion that the bullish trend will soon resume. The levels above to watch will be 0.6610 and then 0.6740 that was the previous high.
I like to trade with the trend so will be waiting for such an opportunity to present itself. If the support zone and the channel fail to hold price, the next area of interest will be the 0.63160 region.
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As always, please use sound money and risk management in all your trades.
NZDCHF: there is the potential to go back upcan be observed with the formation of existing flags visible, it can be indicated that the price will return to move upwards. If we look at the supply and demand, it can be seen that the price is already there to react to the demand area, then the potential for a return to rising will still be there.
in the formation of the existing structure is created, with the formation of this flag then the potential for impulsive movement again due to a small decrease in the current that has occurred indicates this is only as a corrective movement only to resume the movement to go up.
NZDCHF - BULLISH BIAS=====
MARKET OUTLOOK
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NZD - BULLISH
1️⃣ Supported by a weaker US dollar and a better employment report for Q1 in New Zealand continues to provide support to the NZD.
2️⃣ April's housing data revealed that the government's steps to curb the housing bubble have yet to have the desired impact, the latter is set to be closely scrutinized.
CHF - BEARISH
1️⃣ European stock markets traded at all-time highs on Monday, amid optimism about the reopening of economies and as a weaker-than-expected US jobs report raised expectations that central bankers will not be tightening monetary policy anytime soon.
2️⃣ SNB is maintaining its expansionary monetary policy.
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TECHNICAL
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- We're buying this pair on RBS area + SMA50 area with stop loss below trendline on H1 chart.
Ascent or descent ??Description :
As you can see, it is in a long-term uptrend channel and after hitting the roof of the channel, it has a downtrend channel in its heart, so we have a long-term uptrend line and a short-term uptrend line if the uptrend line is If the downtrend line overcomes, the downtrend line will break and we should expect a good uptrend, but if the downtrend line overcomes the uptrend trend, dynamic support will break and we should expect a downtrend.
NZD/CHF BUY SIGNALHey tradomaniacs,
welcome to another free trading-setup.
NZD/CHF: Swingtrade-Execution
Notice: Risky ahead FOMC-meetings tomorrow as market is really choppy! Rather stay out if you don`t like trading with a higher risk.
Market-Buy-Order: 0.65870
Stop-Loss: 0.65475
Point of Risk-Reduction: 0.66245
Take-Profit: 0.67100
Stop-Loss: 40 pips
Risk: 0,5% -1%
Risk-Reward: 3,0
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Peace and good trades
Irasor
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Expect a temporary reduction
It is in a long-term uptrend channel and a line has delayed its uptrend.
It is likely to hit the bottom of the channel again and then touch the roof of the ascending channel by breaking the trend line.
Based on the stochastic oscillator, a death cross occurred, which is a sign of price reduction
It is better to wait for the channel floor to touch or the trend line to break.
NZD/CHF Made A New Lower Low And Sell Setup Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF SHORTING OPPORTUNITYOkay you know me. Simple trades, simple setups.
This is NZDCHF. From my perspective, it's providing a beautiful setup downwards to the levels of 0.61330.
I am looking to take this trade at market conditions, price, and at the bell.
Let us see how things pan out in the coming weeks.
PSA: This is not trading advice. This is not a signal. This is my setup and any trader taking this trade from my setup is doing so at their own volution.
NZDCHF - GLobal uptrend
Preconditions
- local uptrend
- global uptrend
- accumulation (blue zone)
- triangle break up
- key zone
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
NZD/CHF Finally Close Below The Pattern Let`s Get Those Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF New Analysis!Hello Fellow Traders, Here is a Full Updated Analysis on NZDCHF.
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
7.Show some support Below (Like , Comment , Follow & share)
Let Me know if you have any Questions or Comments Below
Happy Trading & Goodluck!
See You in the next Analysis!
Global Fx Education