Nzdchflong
NZDCHF, daily tf, inside bar pattern continuationHello my friends,
Another setup for next week is NZDCHF pairs.
As you can see there is an inside bar pattern on this pair right now.
I think we could pretty much see price continue to go up because NZD is bullish.
It is supported by the EMA which is below the price so we will only look to buy this pair.
We could also use an assumption that this upwards movement might respect elliott waves rules and marked the first 2 swing as Wave-1 and Wave-2.
Right now we're on Wave-3 and i think it could go until 0.6380 area whic is where we put our take profit.
Buy limit NZDCHF 0.6285
Stop loss 0.6250
Take profit 0.6380 (2.7R)
RR Ratio 1 : 2.7
Use only 1-2% risk
Good luck
Check my NZDJPY trading plan as well on the link provided below.
Give it a like and follow me for my next update.
NZDCHF uptrend setupprice direction: UPTREND
potential target price: 0.6309
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NZDCHF long trade ideaPlan: wait for the price to bounce off from trendline or support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
NzdChf- to "see"0.65?Since the March low, NzdChf traded upwards and now is trading above 0.63 resistance
More important is that the pair seems to press on short term resistance and a break looks imminent.
In this case, the pair have a clear road to 0.65 zone
The medium-term trend is clearly bullish now and only a drop and close under 0.62 would alter this
NZDCHF, 4hr tf, buy on descending channel breakoutHello my friends,
Tomorrow we will start the first trading day of November.
I hope everyone gonna have a great month as well in November.
Because there will be US election, i think it will be better to stay away from USD pairs for now.
The first setup for November gonna be NZDCHF pairs.
After marking our horizontal support and resistance zone, we could see price alread broken above the ascending channel.
There is a retest on this channel and i think we could start buying it as price could rotate higher.
Buy NZDCHF 0.6055
Stop loss 0.6030
Take profit 1 at 0.6110 (2.2R)
Take profit 2 at 0.6160 (4.2R)
Use only 1-2% risk
Good luck
NZDCHF - SWING - 19. OCTO. 2020Welcome to our weekly trade setup ( NZDCHF )!
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1 HOUR
Bullish break and closure above main sr level.
4 HOUR
Small pullback towards our support zone with great long entries!
DAILY
Expecting prices to push again towards previous highs.
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FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.60510
SL @ 0.60190
TP @ 0.60960
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN