Nzdchfforecast
NZDCHF, 4hr tf, Wave-V breakdown
Previously our buy got stopped out at entry.
I still hold bullish bias in this pair so i am going to enter buy once again from here.
We could still see NZDCHF make another impulse to complete the bigger picture Wave-V which will consist of 5 sub waves.
For now we will aim for take profit around 0.6740 area.
Buy NZDCHF 0.6540
Stop loss 0.6490
Take profit 0.6740 (4R)
Use only 1-2% risk
Good luck
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
NZDCHF SHORTING OPPORTUNITYOkay you know me. Simple trades, simple setups.
This is NZDCHF. From my perspective, it's providing a beautiful setup downwards to the levels of 0.61330.
I am looking to take this trade at market conditions, price, and at the bell.
Let us see how things pan out in the coming weeks.
PSA: This is not trading advice. This is not a signal. This is my setup and any trader taking this trade from my setup is doing so at their own volution.
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
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.
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.
NZDCHF, long on 0.6387Hi Traders,
This is our view on this cross for the next few days.
#NZDCHF
BUY 0.6387
SL 0.6373
TP 0.6417
We remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if the rules of our strategy are strictly respected.
Eventually, any updates will be given in the comment section below
———————————
Trading Kitchen
NZDCHF SELLAs i can see this pair it break trend line and structure show us more bearish move till our design TP
as i had send prediction in last analysis on this exactly retrace to the given levels now hit tp its is going more drop till
design levels we are trading this pair with a small risk and looking for higher rewards
SO friends join the train and earn the profits dont forget push like and follow us for more updates
NZDCHF | Perspective for the new weekWith 150pips in our direction since my last publication (see link below for reference purpose); It appears price is at a juncture in the market with a trading opportunity we can take advantage of.
Tendency: Uptrend ( Bullish )
Structure: Breakout | Supply & Demand
Observation: i. Price has been hovering above my Key level @ Fr0.63250 since it's Breakout in December 2020.
ii. As price continues to find Higher Lows, the tendency for a rally increases.
ii. Looking forward to a retest of Key level in the coming week to hop in the uptrend continuation.
iii. Should price enter Demand zone the fifth time, an engulfing Bullish candle from this level should be a signal to watch out for.
Trading plan: BUY confirmation with a minimum potential profit of 170 pips.
Risk/Reward : 1:4
Potential Duration: 7 to 15 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.
Game Plan #forexI am currently long the nzd/chf but I am watching to see how it reacts to the previous range high (rectangle) 0.6389. If we can hold above the regression line as well as the low of the breakout day- 0.6363 then the trend to the upside is still intact. But if we get more selling and close below the 0.6363 level then I will reverse my long position to a short looking for a deeper correction back toward the weekly pivot at 0.6300.