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Nzdchfanalysis

NZDCHF short trade ideaPlan : trendline and 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 like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
left head and shoulders forming nzdchf on 4 hourThis week we have an important fundamental news on tuesday, in my opnion we could see a negative employment change because the lockdown we're witnissing all over unemployment rising. So my analyse for the new zeeland dollar is dovish, before we retest the recent support from 0.58000 on monday we could go back to 0.59060 and from there on tuesday night (GMT) we could selling around midnight the NZD when it form a left heand and shoulder on 4 hour timeframe. Have nice trading week and be safe with your risk-reward ratio
Short
by price_action_bars
1
Will the support line of NZD/CHF have the power to stop Bears ?Hi Traders, hope you all have a fantastic Sunday afternoon. Today we take a look at NZD/CHF price forecast for next week. Since 19th of March price has been in nice Ascending channel. Support line of this channel has been tested couple of times since the start of channel. However, we here at Triple Pips think that the biggest test is going to happen in start of next week. Last 2 trading days have been all Bears. Does the support line has strength to stop them ? We don't know that yet that's why we are going to wait for either Long or Short. For Long we will wait for price to bounce back from the support line and if the price will breakthrough the line we will open Short positions. The Relative Strength Index shows us the down-side pressure is only starting. (RSI 47.59) Let us know in comment section what do you think is going to happen ?
Short
by UnknownUnicorn3249870
NZDCHF techncially based forecast 📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 NZDCHF technicaly based idea, we can see price is bounce from bottom trend line , candels formation is strong bulish, technicaly indicators showing we can expect higher push up in price exepcting push till top trend line, NZD the strongest currency currently, CHF one of the weakest. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!
by UnknownUnicorn3983388
2