NZDCHF short ideaWe'll be expecting to short NZDCHF at the previously broken resistance, the pair has more tendency to go downwards...
Nzdchfshort
NZDCHF CAN MOVE DOWN FROM HEREWHAT I SEE!!
Weekly pin bar candle rejected the Support/Resistance Flip Zone (0.65820) and in my view pair will move down to the next support i.e 0.6380
Good Luck,
Learn & Trade.
NZDCHFPair reacted to the 50MA and continue its way lower. Since the 24th of June it made a big move upwards breaking he 0.659 area and that makes me be careful, the pair might gain strength again at the 0.651 area. If so we can trade both the corrective move and then the continuation to the upside.
MACD weakly supports the correction move .
4H chart shows both a H&S pattern and RSI losing strength as shown below.
NZDCHF SELL Management If you were not able to spot this trade out before it happened don't panic...Market has broken an CTL and it is moving down to .6500 which an area that the BULLS will look to push the price up. The BULLS were able to break the the initial ABCD swing on the 2hr however, there is a 2hr sub D ext at .6320 that you would need to keep and eye on. Long term I think CHF is going to have strength by the end of the week with a catalyst Daily D 1.618 ext .6350.
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NZD/CHF : Looking Hot For SELLBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
Bearish engulfing at resistance# Resistance level reached
# Bearish engulfing completed
# Trading back down to support
Shorted @ market price 0.65750
# SL above bearish engulfing @ 0.66105
# TP lower @ previous lows 0.65308
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As usual don't bet the farm. Good risk management won't kill you but the lack thereof could!
POTENTIAL BEARISH MOVE ON NZDCHF Price is showing bearish momentum with bearish divergence is evident. We may see price break lower.
Stop loss - Red line
Take profit - Green line
1% Risk
Take profit level will be adjusted to how price reacts and moves.
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NZD/CHF : Making Falling Wedge Pattern Within Pattern !!BUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
NZDCHF *WATCH OUT FOR THIS AUGUST* (BEARISH) (SHORT)PREVIOUS LOW SUPPORT = 0.65517 (HELD FROM 29/MAY/2019)
LOWEST LOW SUPPORT = 0.65332 (FROM 23/MAY/2019)
With JP Morgan Vice President Of Global currency (Paul Meggyessi) has said "that in a recession, the NZ Dollar will be the worst performing major currency". He also stated that "the New Zealand Dollar lose and average, 7%-8% of it value.
Looking at the table (chart) the bearish momentum started @0.68079 on the 30/apr/2019. It dropped 4.02% to its lowest support @0.65332 (23/may/2019). The NZD/CHF has broken the support @0.65517, if it breaks the support @0.65332. There could possibly be roughly another 3% of bearish momentum. Tha last time is reached these levels were in .....
25/AUG/2015
02/AUG/2011
these are all on the August month with a spacing of 4 years showing that there is a high possibilty there is more bearish movement to come and fast.
NZDCHF sell tradeNZDCHF continuation to the downside in my view.
All TP are given in the chart.
Keep it simple.
NZD/CHF DAILY TIMEFRAME SHORTNZD/CHF currency pair is moving in a gradual downtrend, making lower highs and lower lows. We can expect price to make a corrective structure and creep higher towards the 0.6700 area, before reversing and continuing with the current trend. We will wait for price to blow of some steam and slow down before we consider any shorting opportunities. Prices can also move closer towards the trendline, before resuming the downward trend. Always follow price and don't try to be a wizard. If wizards exist, then i am certainly not one of them.
NZDCHF D1 SHORTGARTLY FORMING ON NZDCHF D1 CHART OUR PREVIOUS SIGNALS AUDJPY HIT TP ... USDJPY HIT TARGET.. GBPJPY IN MASSIVE PROFIT... GBPUSD CLOSE MANUALLY IN VERY GOOD PROFIT...
NZDCHF SHORT IDEA LAST POST OF THE WEEK HEY GUYS THANKS FOR THE FOLLOWS
NZDCHF IS GOOD FOR ENTRY - IM DONE WITH TRADING FOR THIS WEEK - IM A SWING TRADER I MAINLY JUST HOLD POSITIONS AND LET THEM PLAY OUT -HAVE A PROFITABLE WEEK AND A BLESSED WEEKEND
Possible NZD/CHF short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe 1-2 Days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.6805 - .... and fall to the 0.673. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.673
FX:NZDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.673
Target 2 @ ....
Risk/Reward @ 4.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible NZD/CHF Short Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 2 days
Actions on -
A – Activating Event
Market will meet resistance in zone @0.681 - .... and fall to the 0.674. In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @ 0.674
FX:NZDCHF
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.674
Target 2 @ ....
Risk/Reward @ 3.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
NZDCHF short intraday/swing trade setupNZDCHF short intraday/swing trade setup based on lower highs and weak Kiwi.
NZDCHF approaching resitance, potential drop!NZDCHF is approaching our first resistance at 0.6947 (horizontal swing high resistance, 100% extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 0.6825 (100% Fibonacci extension, horizontal swing low support).
Stochastic (21,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
