Nzdchfsetup
NZDCHF - SWING - 01.OCT.2020Good day guys..
Multi timeframe analysis
Hour-01
Bullish engulfing
Series of HH HL HH patterns
Upside pressure
Price above 200 EMA
Price above Ichimoku cloud
HOUR-4
Price above .618 Fibonacci
Strong bullish candle
Strong rejection around 0.60500
Price above 200 EMA
Price above Ichimoku cloud
DAILY
Strong bullish engulfing
Price above 200 EMA
Price above Ichimoku cloud
RSI above 50
Upward pressure
NZDCHF-SWING TRADE
BUY @ 0.61150
TP @ 0.62750
SL @ 0.59800
(Don't risk more than 1% of your capital)
Follow our profile to get regular updates & Trade setups
Donating via tradingview coins will help us to Make some valuable contents to trading our trading community
NZD/CHF Long ideaIf we look at NZD/CHF on a weekly we can see that it has a nice start to the W pattern. So the price at the end of the pattern is an area of 0.62550, which also coincides with the weekly trendline which is certainly not broken down. So our setup for this pair will definitely be long.
NZDCHF Long Trend is your Friend!
1. One Touch, Two Touch and Three Touches
complete a trend.
2. EMA Acting as Dynamic Support
3. Market has entered an area of sensitivity
@ 0.61000 also know as a psychological level
where institutions place orders and take profit
4. Waiting for 3 four hour candles to show signs
of rejection to place Buy order
5. I will buying at current Price Level @ 0.61000
Safe SL @ 0.60600
80% Partial TP @ 0.61800
10% Partial TP @ 0.6200
Remaining Trade TP @ 0.62400
Only 5% risk will be take for this trade
NZDCHF complete Elliot wave AnalysisAfter the completion of the A-B-C correction, the impulse wave began rapidly as we experienced in the last week market we were able to count sub waves 1,2,3 for the wave (i)
What we expect for the week ahead is correction of the impulse move then an advance for wave 3, which often represents the strongest part of the market cycle and can't be the shortest by price
NZD/CHF LONG SET UP TITLE/(DATE)- Buy NZD/CHF (8/19)
ASSET- FOREX
PLATFORM- MT4
ORDER TYPE- market execution
Time Frame- 4HR
ENTRY PRICE 1- 0.59240
ENTRY 2- 0.59040 (pending)
STOP LOSS- 0.58840 (40PIPS)
TAKE PROFIT 1- 0.59640 (40PIPS)
TAKE PROFIT 2- 0.60040 (80 PIPS)
TAKE PROFIT 3- 0.60440 (120 PIPS)
STATUS: Active
NZD/CHF - bearish momentum pushing price lowerNZD/CHF price has been within a respected descending weekly trend channel since 2017. Price did break out of this channel back in March as a result of the coronavirus pandemic, however, re-entered forming an ascending daily trend channel. Price did not retest the upper boundary of the weekly channel as price ran into resistance before that at 0.62 (the lows from September 2019), at which point price formed a lower high on the weekly time frame.
After running into resistance from September 2019 lows and also the 50 DAY EMA, the daily trend channel was broken to the downside in Late-July. As a result, price has been on a bearish spiral ever since. After breaking strong support at 0.59693 we are expecting price to continue further to the downside as a result of the bearish momentum in the market, with an initial price target of 0.5890.
A longer term target would be a retest of the lower boundary of the weekly channel at possibly 0.5750.
NZD/CHF Update +260 PIps NZD/CHF Update +260 Pips
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.
Look for long entry on NZDCHFWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a buy limit.
NZD/CHF: You Should Be In +170 Pips Now If You Entered With MeDisclaimer : 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.
NZDCHF CAN GO BOTH SIDES.**ENG**
- Price just reached our reversal area, we had an initial bias of a bullish position from this area, however price is currently very impulsive and can easily break.
- If price starts to consolidate around this area, we would look for a bullish signal and enter long.
- If price breaks this level, we would wait for the retest of the zone, and then enter short.
**PT**
- Preço a atingir a nossa zona de reversão, inicialmente tínhamos uma opinião bullish, no entanto devido ao quão impulsivo o preço se encontra, há uma enorme possibilidade de quebra.
- Se o preço consolidar por volta desta zona, o melhor será aguardar por um sinal de subida e entrar em compra.
- Se o preço quebrar esta zona de suporte, o melhor será aguardar pelo retest e entrar em venda.
NZDCHF: Daily, Long! Pending decision at 0.61698Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow, (...) Thank you and Happy Trading.
New Setup On NZD/CHF To Catch More Than 300 Pips New Setup On NZD/CHF To Catch More Than 300 Pips
Risk Reward 1:6
NZDCHF ,Long Setupwe will enter the Market little bit late , but its okey i was waiting for a good confirmation .
Good Luck
AUD/CHF LONG Hi
Little settings that I follow in TA and hope is useful .
One picture is like 1000 words .
I am paying attention on fundamental data not only the calendar .
Wish you all the best .
