NZDCHF Trading A CorrectionIN this update we review the recent price action in the NZDCHF and identify the next high probability trading opportunity
Nzdchfsetup
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.
NzdChf- Range trading?Since March's high, NzdChf has started to trade in a range with a very clear bottom at 0.6260
I'm bullish as long as this low support is in place and, in the medium term, the pair can rise to 0.6570 resistance
Buy dips towards this support can be a good idea for a trade with great R:R
NZDCHF I have a long open ↗️👍Trade details for current trade are shown on the chart.
Using POW reversal strategy for this trade.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue arrow is entry point and purple line is stop loss.
Previous trade can be seen on chart.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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The stats for this pair are shown below too.
Thank you.
Darren
NZDCHF SellThis is my idea on NZDCHF pair. Expecting price to fall to 0.64530 Sell at: 0.86238 after price confirmation
NZDCHF Long AnalysisHey traders, here is the analysis for the NZDCHF. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
NZDCHF ChannelNZDCHF is perfectly running on a technical channel.Which has chances of continue the channel pattern for once more before breaking it, so that it have chances of falling after market opens.Lets see what happens!
NZD/CHF LONG BUY OPPUTUNITY .......
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NZDCHF: UpdatePrice is giving us what we needed to see... indications of a drop soon to come!
Could be a good Swing Trade setup....
NZDCHF Analysis: Downtown...?NZDCHF has hit a HTF bearish order block, and may be indicating a bearish response. Price has formed a 1H OB here, and price dropped a bit, and is now returning for a retest of the OB. I expect further declines. If price breaks the high of the OB, this invalidates this short setup. 0.65500 is the area I am watching for signs of reversal.
Look for your confirmations before entering any trade. No confirmations, no trade!
NZD/CHF Best Area To Take A Sell Trade With Daily Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF ProjectionThere is a good chance it will reverse from this level but if it breaks above it will find resistance on the upside and will reverse from the top side of the channel.
NZDCHF Analysis and Possible Long IdeaNZDCHF is moving bullishly. Perhaps after a pullback, price will continue with buyers in control.
NZDCHF Analysis: Update and ClarificationMy apologies! I totally skipped an available opportunity in this pair! It was worthy of mentioning, and I didn't.
NZDCHF has indeed broken structure to the upside, and we now await a return to impulse. However, there are plenty of pips to brab before price hits that bullish order block!
A short for day traders and scalpers is available right now, as price is rejecting from a bearish order block!
Check the video out for details.
NZDCHF: Monday TradeI think this trade will work well with the slow-paced markets today.
We should see a steady decline in this pair after the non-stop bullish run.
I only want to fade this move back to the previous structure before going long again.
Do you like this trade?
NZDCHF: Time For New Highs?From a money distribution perspective, this pair is ready to tackle the previous high.
The informative breakout should help you understand why buyers have regained control.
Expect slight retracements and some corrective price action before we see the next impulse to the upside.
What do you think of this move?
NZDCHFNZD-CHF broke out of the falling wedge, and went up sharply, but the resistance was reached. And thus I am expecting a local move down, to retest the broken resistance that became a support. Sell!
NZDCHF-SHORTNZDCHF
Market is moving in bearish channel. Currently not able to cross falling resistance and showing buying pressure.
Great selling oppurtunity.
NZDCHFNZD-CHF is moving up in the bullish rebound. After a retest of the weekly horizontal support. And even though the pair is trading in a downtrend. The falling resistance of the wedge is still far away. Which means that there is still some way to go. Buy!
NZDCHF Trade
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management.
#TradeLikeMagnatrio
LONG NZDCHF on break of 4H résistance and retestNZDCHF is bouncing from monthly support level good long opportunity on break of 4H residence and retest with profit at 61.8% of daily down move
NZDCHF - Looking for Buy -Basically Market Just touch support. weekly support. so we are looking for buy. completely my opinion. trade your own risk .
NZD/CHF LONG TRADE IDEANZD/CHF Signal
Market Buy: 0.63080
Stop-Loss: 0.62600
Target 1: 0.63750
Target 2: 0.64600
Stop-Loss: 48 pips
Risk: 0.5%
Risk-Reward: 3.17
