Nzdchfanalysis
NZD/CHF : Sell After 3rd Touch ConfirmationWatch Price and Buy After Breakout .
BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
NZDCHF short ideaWe'll be expecting to short NZDCHF at the previously broken resistance, the pair has more tendency to go downwards...
NZDCHFAfter printing a hammer candle and closing at support yesterday the pair has broken the descending channel. It will face resistance again on the descending trendline but if that is broken the price can rally to the next resistance at 0.6720
We see in the 4H chart how the price has gone through the descending channel and has broken the structure. That is a very bullish sign.
NZDCHF CAN MOVE DOWN FROM HEREWHAT I SEE!!
Weekly pin bar candle rejected the Support/Resistance Flip Zone (0.65820) and in my view pair will move down to the next support i.e 0.6380
Good Luck,
Learn & Trade.
NZDCHFPair reacted to the 50MA and continue its way lower. Since the 24th of June it made a big move upwards breaking he 0.659 area and that makes me be careful, the pair might gain strength again at the 0.651 area. If so we can trade both the corrective move and then the continuation to the upside.
MACD weakly supports the correction move .
4H chart shows both a H&S pattern and RSI losing strength as shown below.
NZD/CHF : Looking Hot For SELLBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
NZDCHF IDEANZDCHF TRADE IDEA
SWING TRADE IDEA
UPDATE FROM LAST WEEK
WE'VE GOTTEN OUR BREAK OFF THE BOTTOM OF THE FLAG AND OUR TARGET 1 WAS HIT @ 0.65863 +76 PIPS FROM ENTRY POINT.
CONTINUE HOLDING TO OUR NEXT POINT OF TARGET WHICH WOULD BE @ 0.67043
TARGET 3 STILL IS GOING TO BE @ 0.68193
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ENTRY: 0.65099 (WAS A BUY STOP)
TARGET 1: 0.65863
TARGET 2: 0.67043
TARGET 3: 0.68193
STOP LOSS: 0.63760
_________________________________________________________________________________________________________________________________________________________________________
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
NZDCHF IDEANZDCHF TRADE IDEA
SWING TRADE IDEA
AS THE FLAG ON THE WEEKLY CHART GETS HIT AND SUPPORT GETS TESTED.
AS THE MARKET COMES BACK UP TO 0.65099 WE CAN START TO SEE THE BREAK AND RISE ABOVE SUPPORT.
ENTRY: 0.65099 (BUY STOP)
TARGET 1: 0.65863
TARGET 2: 0.67043
TARGET 3: 0.68193
STOP LOSS: 0.63760
**PROPER RISK MANAGEMENT NEEDED**
**PAST CHARTS DO NOT GUARANTEE FUTURE CHARTS TO GO AS PLANNED**
POTENTIAL BEARISH MOVE ON NZDCHF Price is showing bearish momentum with bearish divergence is evident. We may see price break lower.
Stop loss - Red line
Take profit - Green line
1% Risk
Take profit level will be adjusted to how price reacts and moves.
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BULLISH MOMENTUM (NZD/CHF)Even though the NZD is still week, it has broken through the bearish trend and has started to form a bullish trend . Even though today (30/05/2019) has shown a massive bearish movement that nocked it -0.50% - -0.56% from a bullish morning that reached upto 0.65888 (+0.30%). It has bounced of the last support @0.65517 and fallen within the bullsih trend. this could be a good time to BUY as there is a lot of room for a good profit. As the bearish trend started on the 30 April 2019 and was @ 0.68113. So there is a lot of money to be made. If the market does not go in the direction then place you stop loss @0.65505. this is placing your risk at very small (0.08%) which is just below the last support as there is more bearish to go. Either way there is a lot of potential in this curreny pair.
NZDCHF sell tradeNZDCHF continuation to the downside in my view.
All TP are given in the chart.
Keep it simple.
NZDCHF D1 SHORTGARTLY FORMING ON NZDCHF D1 CHART OUR PREVIOUS SIGNALS AUDJPY HIT TP ... USDJPY HIT TARGET.. GBPJPY IN MASSIVE PROFIT... GBPUSD CLOSE MANUALLY IN VERY GOOD PROFIT...
NZDCHF SHORT IDEA LAST POST OF THE WEEK HEY GUYS THANKS FOR THE FOLLOWS
NZDCHF IS GOOD FOR ENTRY - IM DONE WITH TRADING FOR THIS WEEK - IM A SWING TRADER I MAINLY JUST HOLD POSITIONS AND LET THEM PLAY OUT -HAVE A PROFITABLE WEEK AND A BLESSED WEEKEND
NZDCHF about to buy soonIf the pair manages to break from the consolidation region upwards then we are good to buy.
Possible NZD/CHF Short Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.681 - .... and fall to the 0.674. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.674
FX:NZDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.674
Target 2 @ ....
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
NZDCHF SHORT-TERM DECLINE AND LONG TERM ADVANCE EW ANALYSISHi traders,
The daily chart of NZDCHF shows that the uptrend from Sep. to Dec., 2018 is a textbook five-wave impulse pattern, labeled 1-2-3-4-5 of (A). According to Elliot Wave theory, a three-wave correction in the opposite direction follows every impulse.
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So far, we have seen a five-wave impulse in A of (B) and double three combination (w-x-y) in B of (B). If this count is correct, wave A-B of (B) is completed and we can expect a short-term decline in wave C of (B) before the main trend resume in wave (C).
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Targets below 0.65164 support are plausible in wave C of (B).
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Thanks for reading!
Veejahbee.
