NZDCHFNZD-CHF broke out of the falling wedge, and went up sharply, but the resistance was reached. And thus I am expecting a local move down, to retest the broken resistance that became a support. Sell!
Nzdchfforecast
NZDCHF SHORT ✅✅✅What we see on NZDCHF chart, is quite clear, after strong manipulation on NZD, we expect now price to drop as fund confirms due to quarantine in New Zealand.
As you see technically we are in strong Supply area, price rejected for several times,
we can open our sell position just now and watch how price drops ...
Such a nice order with lovely R:R 1:7.3
All supports and resistances are determined on the chart
⚠️Take Max 1% of your capital on this trade⚠️
‼️Attention‼️ As soon as we get 50 %✅ in profit, SL❌ to entry point & Save profit
@FxShzd trading style doesn't care about win rate only thing cares is Risk to Reward
Lets make trading simple W/ @FxShzd
Any question comment bellow
Good-luck everyone
NZDCHF-SHORTNZDCHF
Market is moving in bearish channel. Currently not able to cross falling resistance and showing buying pressure.
Great selling oppurtunity.
NZDCHFNZD-CHF is moving up in the bullish rebound. After a retest of the weekly horizontal support. And even though the pair is trading in a downtrend. The falling resistance of the wedge is still far away. Which means that there is still some way to go. Buy!
LONG NZDCHF on break of 4H résistance and retestNZDCHF is bouncing from monthly support level good long opportunity on break of 4H residence and retest with profit at 61.8% of daily down move
NZDCHF - Looking for Buy -Basically Market Just touch support. weekly support. so we are looking for buy. completely my opinion. trade your own risk .
NZD/CHF LONG TRADE IDEANZD/CHF Signal
Market Buy: 0.63080
Stop-Loss: 0.62600
Target 1: 0.63750
Target 2: 0.64600
Stop-Loss: 48 pips
Risk: 0.5%
Risk-Reward: 3.17
NZDCHF SellIn the chart, we can see the continued falling of the market from the last two days. I believe that the market will do the same on the next day candle till to its support.
NZDCHFNZD-CHF was trading in a downtrend. In a rising channel , that is also a bullish flag. And we are seeing a bullish breakout. Its a bullish Bias. And I think that after a retest of the broken level. We will see a move up. Towards the next resistance.
NZDCHF TO CONTINUE PUSHING?We have seen NZD strength continue here as the currency is building up strength fundamentally.
We could see a pull back before continuous movements to the upside.
We're capitalizing on the momentum and current trend to get us an entry.
Targets would be a new high in the trend.
NZDCHF AT KEY LEVEL.During the last few days, we have seen NZD strength drive counterpart pairs to the upside, this pair included.
Now we see price at a key level of resistance. We already have this pair reacting to the level, but we need to see a break below the current higher low, before we start taking sell opportunities.
NZDCHF-Short#NZDCHF
NZDCHF pair is moving in the bearish channel and now started sell from falling resistance. A good move for the seller is expected.
NZDCHF Trend Aalysis - Short IDEAHello Guys
Sell NZDCHF After Correction with Nice R/R :-)
If the red line is broken towards higher levels, the trend may change.
NZDCHF Short into 0.63300Confluences
a. Corrective
b. FIB Golden Zone from Push since the current Price action is Corrective
c. Key level
NZDCHF We Are At Level 2 Asian Box
-We Seeing A Stop Hunt High
-We Expect A DROP TO VIOLATE THE RESISTANCE (X) > PREV LOW
- Taking Out The BSL(X) ,
- FORMING Level 3 > Reversal (W-Formation)
NZDCHF Short into 0.63212The 0.64500 serves as a great barrier which has been rejected on daily time frame.
It also rejecting the key level and previous low here at daily timeframe .
Here are the confluences;
a. Daily FIB from push (since there is an impulse and kinda corrective on lower time frame)
b. Daily key level and previous low
c. Major psychological level (0.64500)
NZDCHF RETESTS A DAILY RESISTANCELooking back at the daily time frame, price broke below a daily level of support and is now coming back to retest this level as resistance.
We have already seen the rejection from this level, so we'd wait for price to form a lower high before we take short positions.
Targets remain at the previous low that price created.
NZDCHF potential short opportunityStrong weekly bearish closure
Daily chart - we are (still) in a uptrend and just retraced to 100% fib level (last place it can retrace too before breaking the structure), however we did gap on Sunday and the gap has not been filled yet, so can this go further down at least to fill the gap.
H4 -currently under a downtrend.
30m chart - downtrend, started retracing and came back to retest previous level of support as potential resistance testing also the 61.8% fib level. lets see if it holds
Scenarios on NZDCHFDescending correction possible continue the trend.
Good luck.
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