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Nzdchfforecast

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
Short
by Inacio_1998
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 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
2
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
Long
by Yuriy_Bishko
8
NZD/CHF Major Trendline BreakoutThis broke above a major trendline last week and has now retraced to test the trendline again. If this continues to drop then it will just be a false breakout but momentum seems to be with this as NZD is strong at the moment and CHF has not been great. Looking for this to turn higher from current price or slightly lower at 0.382 Fibonacci. Also need to see EMA's cut back for long before entering a trade. Target 0.66047 although there is resistance between current price and there so there could be some hold up in that area.
Long
by olly48
NZDCHF | Perspective for the new week | Follow-upIt has been a good ride since my last publication (see link below for reference purposes) has price cruised 180pips in our direction and it appears we shall be looking forward to Higher Highs in the coming week(s) as the structure continues to support a Bullish run. Tendency: Uptrend ( Bullish ) Structure: Reversal pattern | Supply & Demand | Double Top | Breakout Observation: i. I noticed that Fr0.64200 has served as either a Supply or Demand level in the last 30 days and this makes it an area to focus on in the coming week as price finally comes back after the Breakout (Retest). ii. Since the Breakout (@Fr0.64200) that happened during the first week of February 2021, the price has been going through a corrective phase. iii. Our duty at this juncture in the market is to seek the expiration of the correction and find a Demand level to join the rally. iv. Last week saw price form what looks like a Double Bottom; However, I shall be patient to seek confirmation as the price might decline to find 61.8/78.6% retracement of Leg AB (@Fr0.63900) before the rally begins. v. As we can see, we might be looking forward to the completion of a harmonic pattern (AB = CD) in the coming week(s) as Buyers gain momentum. vi. And for the cautious traders :) - a Breakout/Retest of Neckline @ Fr0.64500 might be a good signal for you... smiles. Trading plan: BUY confirmation with a minimum potential profit of 130 pips. Risk/Reward : 1:5 Potential Duration: 5 to 12 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
4