Nzdchfshort
POTENTIAL SHORT ON NZDCHF AFTER PULLBACKNZDCHF is showing further bearish potential. It’s moving to a somewhat solid point of support from which we may see price pullback to the marked region.
We may see price move bullish retest and then further move bearish.
NZDCHF sellPlease like, comment and follow.
Waiting for price to break the support level and ascending trend line to confirm the sell
HAS BEEN REACH TO RESISTANCE, NOW TIME BACK TO SUPPORTHAS BEEN REACH TO RESISTANCE, NOW TIME BACK TO SUPPORT WITH TARGET TP 0.60600. MORE SIGNAL MESSAGE ME
NZDCHF sell
Same trading tactics
Reversal sings using technical indicator+ steeper trend line
Same trading tactics. TP1 SL to BE
Follow risk management.
NZDCHF SELLThis is NZDCHF 4H timeframe analysis, i'm expecting the market to start selling from where it is at a moment.
NZDCHF - Bearish BiasNZD - BEARISH
1️⃣ Investors assessed a deteriorating coronavirus situation in many large economies around the world.
CHF - BULLISH
1️⃣ The risk-off tone boosted the safe-haven currencies such as CHF.
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Technical
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We are looking to sell NZDCHF at the SBR on H1 chart.
NZDCHF Sell TRADE IDEA. Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
NzdChf- 0.61+ tells a storyThe long-term trend for NzdChf is bearish and after recovering from this spring lows the pair is ready to resume its downwards trajectory.
Last week NzdChf tried to reconquer 0.61 but without success and we have 4 longtailed candles in this zone (2 being clear pin bars)
I favor short positions with a SL above 0.6160, as for target 0.5950 support could be a good place for TP
NZDCHF short trade ideaPlan: wait for the price to bounce off from supply zone --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**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.
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Thank you for your support ;)
GWBFX
NZDCHF ANALYSISAn Elliot wave outlook on nzdchf shows we may be seeing a leading diagonal as our wave (I) and an expanded flat as our wave (ii).
we expect a sell from the current region to complete wave 3.
we target around 0.59000 region
NzdChf- sell with good R:RThe trend for NzdChf is down and the pair just reached the confluence resistance at around 0.61
I expect the pair to roll back down and a sell trade targeting 0.5950 zone could also have a good R:R
NZDCHF Following Its Trend...BEARISH Continuation!!!NZDCHF managed to gave us several short opportunity previously trading with the trend. Currently, price is moving back to the trend resistance level where we can see that NZDCHF has been obeying its BEARISH trend with no form of breakout as of now. As it is moving on a downtrend and obeying greatly this trend resistance line, I do not see any form of breakout as of now. In fact, I will be eyeing on a trend rejection from its trend resistance. We should be also looking out for a ichi cloud rejection from there to confirm our position. As of now, I see it moving towards 0.5925 level and possibly to a trend support level (dotted line) if the 0.5925 level is broken.
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NzdChf outlookExactly like its twin, AudChf, NzdChf is trading in a downtrend.
0.61 should provide strong resistance for this pair and a dive to 0.59 can have a 1:3 R:R
Sell rallies close to 0.61 is my strategy
Forex Trading For Beginners, Nzdchf Analysis Monitor price action for setups, wait for confirmation always according to your strategy.
NZDCHF sell on retracement NZDCHF has broken the channel to the downside as expect and it's time to look for a short. The best time to sell will be on retracement. watch on 4H for a entry.
