Nzdchflong
NZDCHF BUY (SHORT TERM) REVERSAL (16A)This is a tricky one, so i would like to buy this correction and trail my stop if the market follows my plan. Looking at this falling wedge e can see some kind of correction together with the double bottom below. Will the double bottom hold? May we see this market turn around?
NZDCHF approaching support, potential for a bounce!
NZDCHF is expected to drop to 1st support at 0.63243 where it could potentially react off and up to 1st resistance at 0.62992.
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Losses can exceed the initial investment so please ensure you fully
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Is it good time to go long NZD? If you believe in "Phase one" and looking to buy NZD in my opinion you should consider to buy it against CHF. TP1 0.6530 area, target 0.6650. Start watching closely with the move below Sep 2018 lows around 0.6300. I'm trying to sell CHF for a while(linked ideas). Share you thoughts in comments below
NZDCHF LONGNZD has shown strength recently resulted in a bouce off the upward trendline (and in total 3 times). SL has been placed under both this structure and the horizontal support.
Price is moving upwards in the medium term. Expecting price to eventually meet the longer term downward Trendline...
Looking for a Long (Buy) trade.
Will have to wait and see how this continuation forms over the next few hours.
NZDCHF potential reversal!
NZDCHF expected to rise up to 1st resistance at 0.64278 where it could potentially react off and drop down to 1st support at 0.63785.
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NZDCHF to climb from upside confirmation, potential bounce!
NZDCHF to climb from its upside confirmation at 0.63968 where it could potentially bounce further to 0.64278.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDCHF approaching resistance, look out for potential reversal!
NZDCHF is approaching its resistance at 0.64458 where it is could reverse down to its support at 0.63818.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.