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Nzdchfsetup

NZDCHF Buy Limit | Automated TradePending orders are great when you may have a bust day or week. I’ve placed two pending orders at my estimation zone because NZDCHF is in a strong uptrend on the daily timeframe. Trade 1 entry: 0.63856 TP:0.64720 SL:0.63215 Trade 2 entry: 0.63856 TP: 0.65215 SL:0.63215 Once price touches the entry price I’ll automatically be triggered into the trade. This will eliminate my time having to seek an entry on this pair had price follow my analysis. What can void this is if price continues pass the higher high before pulling back.
Long
by ShaquanLopez
4
NZDCHF, looking for strength in CHFHi Traders, Looking at NZDCHF, we can that price impulsively pushed down from mid 0.65 which made bearish continuation which then pushed down further creating another continuation correction. Price is moving within an LTF ascending channel which we should see a drop to the lower boundary 0.611 range. As the Global events happening between Russia and Ukraine, safe haven currencies are strengthening which CHF is expecting to see growth. If we get a breakout of HTF correction there is possibility to continue its fall as investors see CHF as a safe haven currency when the world is is question. This will be interesting to watch for next week. Share a comment below and let me know your view on this pair! Click the like button if you agree with this idea! Good luck
Short
by ktlfx
NZD/CHF Could we see a small retracement equal to 150pips?The price looks like it could easily make a retracement according to the Monthly chart of at least 150 pips In Monthly: The price is currently in demand zone. We could see a rejection of this demand. If we want to measure the possible retracement all we have to do is take the fibonacci from high to low of the current impulse. Doing so we can clearly see that the .5 fibonacci level is in good confluence with previous structure. We could expect a retracement at least to the .50 In weekly The price is over extended. When price is over extended we could expect a correction. To measure the correction we have to use the fibonacci in the current impulse. The .618( golden level) is in confluence with the weekly structure as well monthly structure. In Daily The price have created an inverted head and shoulder which means a possible reversal of price action.
Long
by Wiiso