NZDCHF CAN GO BOTH SIDES.**ENG**
- Price just reached our reversal area, we had an initial bias of a bullish position from this area, however price is currently very impulsive and can easily break.
- If price starts to consolidate around this area, we would look for a bullish signal and enter long.
- If price breaks this level, we would wait for the retest of the zone, and then enter short.
**PT**
- Preço a atingir a nossa zona de reversão, inicialmente tínhamos uma opinião bullish, no entanto devido ao quão impulsivo o preço se encontra, há uma enorme possibilidade de quebra.
- Se o preço consolidar por volta desta zona, o melhor será aguardar por um sinal de subida e entrar em compra.
- Se o preço quebrar esta zona de suporte, o melhor será aguardar pelo retest e entrar em venda.
Nzdchfanalysis
NZDCHF short trade ideaPlan: support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZD/CHF could go lower if resistance holds💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
Let's take a look at NZD/CHF on daily chart. We can see that price is at key resistance line. We believe NZD will have tough week and many pairs involving kiwi will see down movement. However, we will wait for confirmation before entering any trades.
Let us know what you think about this idea.
Trade safe !
NZDCHF long trade ideasimilar to the NZDCAD trade idea (link attached below!) I see a bullish structure on this pair, we should wait for the price to breakout and test the 0.615 (potential) support level before placing any buy order.
Plan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDCHF Daily could have a long run . We pay attention on price Having a look on my chart on Renko, Heikin-Ashi , PSAR , LWMA 200,50,40,7 on
D,4H,1H I got a long entry signal .
CHF Unemployment rate increased to 3.4% during the time . Jan was 2.6%
GDP Growth rate decreased -2.6%
GDP Annual Growth rate decreased to -1.3%
Retail Sales decreased to -14.7%
NZD Unemployment rate increased to 4.2% is below Jan 2020 4.3% last month 4.2%
GDP Growth rate decreased to 0.5% is positive and is not minus
GDP Annual Growth rate decreased to 1.8% is still positive
Retail Sales desecrated to -0.7%
NZDCHF long trade ideaPlan : resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX