Nzdchflong
FLAAAAAAAAAAAG🔝Where are your wallets, wolves?🔥
Now it is gonna fill with money making opportunities!
One more Flag formation on NZD/CHF currency pair.
This should be a good trade, coz price had a bullish impulse and then entered into consolidation.
After that price bounced and now is heading to the breakout of this pattern.
Price bounced from support and resistance zones multiple times.
So follow the chart and look for the breakout carefully.
_____________________________________________________
If you enjoy my FREE Technical Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything!
Feel free to leave comments✉️
And always remember: "we don't predict, we react".
NZDCHF BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity NZDCHF .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
NZDCHF - Bullish BiasNZD - BULLISH
1️⃣ Risk sentiment was boosted amid expectations of immense spending from the US government later this week and continued low rates from the Federal Reserve.
2️⃣ Local 10-year bond yields pushed higher to 1.77%.
CHF - BEARISH
1️⃣ Expectations of a huge US economic rebound and high Treasury yields while the outlook in Europe remains more vulnerable due to rising Covid-19 cases.
2️⃣ Risk-on tone weighing on the safe-haven CHF.
======
Technical
======
We are looking to buy the NZDCHF at RBS + above SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
NZDCHF facing bullish pressure | 29 Mar 2021Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement . Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
NZDCHF facing bullish pressure | 29 Mar 2021Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
NZDCHF facing bullish pressure, potential for further upside!Prices are facing bullish pressure from 1st support which is in line with 78.6% fibonacci retracement and horizontal swing low support. Prices might push higher towards 1st resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement and horizontal swing high resistance. If prices fall through 1st support, prices might take support on 2nd support which is in line with 50% fibonacci extension and 127.2% fibonacci retracement. Stochastics is also showing that it is approaching 4.09 level support, potentially experiencing a bounce, in line with our analysis.
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
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% Fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% Fibonacci retracement and 50% Fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% Fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% Fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
NZDCHF is facing bullish pressure, potential for further upside!NZDCHF is facing bullish pressure from ascending trend line support. Prices might bounce off 1st support which is in line with 61.8% fibonacci retracement and 50% fibonacci extension. Prices might push towards 1st resistance which is a horizontal swing high resistance which coincides with 61.8% fibonacci extension. If prices fall through, it might reach 2nd support which is tagged to a horizontal swing low support which coincides with 100% fibonacci extension. Stochastics is also approaching support level of 2.19 before a bounce could be seen.
NZDCHF - Bullish BiasNZD - BULLISH
1️⃣ Optimism for a strong post-pandemic recovery boosted riskier assests after the US Congress approved President Biden's $1.9 trillion coronavirus relief package.
2️⃣ Risk sentiment was also lifted amid hopes for a trans-Tasman travel after the Australian government announced a billion-dollar support package for airlines which includes subsidized domestic flights, financial support to its two main airlines and cheap loans to small tourism operators.
CHF - BEARISH
1️⃣ Stronger-than-expected US jobs data and the pandemic relief bill boosted prospects of the US economic recovery.
2️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
3️⃣ Positive risk tone weighing on the safe-haven CHF.
=====
Technical
=====
We are looking to buy the NZDCHF on RBS + above SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
NZDCHF - Bullish BiasNZD - BULLISH
1️⃣ The risk-on mood benefitted the NZD.
CHF - BEARISH
1️⃣ Stronger-than-expected US jobs data and the pandemic relief bill boosted prospects of the US economic recovery.
2️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
3️⃣ Positive risk tone weighing on the safe-haven CHF.
=====
Technical
=====
We are looking to buy the NZDCHF on the support + above SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
NZDCHF Bullish ContinuationNZDCHF 1HR
Entry: 0.6652
SL: 0.6635
TP: 0.6725
R/R Ratio: 1:3.46
---
Always remember to use proper risk management. Ideally we want all trades to have a risk-to-reward ratio of 1-to-3 or higher.
Trading is all about probabilities and advantages. You want to be profitable in the long run. Trade to live, don't live to trade.
NZDCHF - Bullish BiasNZD - BULLISH
1️⃣ Sentiment was boosted after the Global Dairy Trade’s price index surged 15% compared to the previous auction, its eighth consecutive price rise as whole milk powder prices rose 21% to a seven-year high.
2️⃣ New Zealand’s central bank is in no rush to tighten monetary policy, assistant governor Christian Hawkesby said on Tuesday, as he sought to temper market speculation of a quicker end to stimulus and a move towards a hike in interest rates.
CHF - BEARISH
1️⃣ Expectations of a robust economic revival fueled by the rapid rollout of vaccines and additional fiscal spending raised investors’ appetite for riskier assets.
2️⃣ Positive risk tone weighing on the safe-haven CHF.
=====
Technical
=====
We are looking to buy the NZDCHF on support + above SMA 50 on the H1 chart.
======
Risk to this trade
======
A change in sentiment could turn the pair's direction.