NZDCHF - SHORT POSSIBILITYPS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
Nzdchfshort
NZDCHF, H1 Bearish pattern confirmedBearish pattern confirmed
Action: sell
Tp1: 0.6471
Tp2: 0.6448
SL: 0.6522
Wait the right price action as entry key.
NZDCHF WATCHOUTON THIS PAIR NZDCHF, I AM EXPECTING THIS TO MAKE SOME RAPID MOVED BACK UP IN THE NEXT WEEK OR SO.
SEE ON SCREEN INTRUCTION
PLEASE LIKE, FOLLOW AND COMMENT
:)
NZDCHF -SHORTRETRACEMENT ZONE TOUCHED + RESISTENCE LINE + DAILY TRENDLINE + PULLBACK BEARISH CANDLE = THIS CHART COMPLETE EVERY CRITERIA TO GO SHORT
NZDCHF DailyFound the pair to be bearish as indicated by the 200 EMA and 50 EMA. Price closing below the 20EMA.
stochastic and RSI showing bearish momentum too. will try to enter in the hourly to get into the bear trend
NZD/CHF - Day Trade - Quick 35 PipsNZD/CHF is currently in a strong bearish momentum and is looking for a break further below.
As we can see from the candlesticks on the 4H chart and 1H chart, it hasn't been able to find support.
As it breaks the current price consolidation area, we can see it go down 35 more pips.
This is a quick day trade. Risk no more than 1-2% and wait for enough confirmation.
The move is canceled if a candle on the 4H closes higher than the last 2 candlesticks.
Trade safe.
NZDCHF approaching support, potential bounce!NZDCHF is also approaching our first support at 0.644 (horizontal overlap support, 38.2% Fibonacci retracement, ascending channel support) and a strong bounce might occur above this level pushing price up to our major resistance at 0.6514 (horizontal swing high resistance, 61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
NZDCHF selling timeGood time to sell NZDCHF, it looks like forming "the last kiss breakeout". R/R is about 4/1.
NZD/CHF Small Correction before moving higher
NZD/USD To make a small 20 pips Correction before moving Higher
TA Based on Candle Stick Patterns, Support & Resistance, Moving Avarage and Trend Lines.
Simple Clean Charting.
NZD/CHF slumps to 29-month lows, bias still bearishNZD/CHF slumps to 29-month lows at 0.6454, trades with a major bearish bias.
Major trend is bearish, signs of minor pullback seen as mometum indicators approach oversold territory.
The pair is holding minor support at 0.6455 (falling trendline). 21-EMA is stif resistance. Break above could see extension of upside till 50-DMA.
Support levels - 0.6455 (trendline), 0.64, 0.6356 (61.8% Fib)
Resistance levels - 0.65, 0.6530 (5-DMA), 0.6587 (21-EMA)
Good to stay short on upticks. SL: 0.6590, TP: 0.64/ 0.6355
Shorting Opportunity for NZDCHF The price has hit the recent Supply Zone and what we see in 1 hr timeframe is that the price has broken down the DEMAND TRENDLINE
Waiting for pullback NZDCHF.Nice breakout of this strong support.
Now we have to wait for a pull back.
Set SELL LIMIT at 0.66500
SL 0.67300
TP1 0.65500
TP2 0.64900
NZDCHF approaching resistance, potential drop! Price is approaching our first resistance at 0.6722 (horizontal pullback resistance, 23.6% Fibonacci retracement , Elliot wave structure) and a strong reaction might occur below this level pushing price down to our major support at 0.6667 (horizontal swing low support, 100% Fibonacci extension ). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Stochastic (21,5,3) is also approaching resistance and a reaction below this level 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.
NZDCHF approaching resistance, potential drop! NZDCHF is approaching our first resistance at 0.6722 (horizontal pullback resistance, 23.6% Fibonacci retracement, Elliot wave structure) and a strong reaction might occur below this level pushing price down to our major support at 0.6667 (horizontal swing low support, 100% Fibonacci extension). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Stochastic (21,5,3) is also approaching resistance and a reaction below this level 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.
NZDCHF Approaching Resistance, Potential Drop! NZDCHF is approaching our first resistance at 0.6720 (horizontal pullback resistance, 23.6% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 0.6667 (horizontal swing low support, 100% Fibonacci extension, Elliot wave structure). Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
RSI (89) is also approaching our resistance where a reaction below this level might see a corresponding drop in price.
descending triangle setup looking on the daily chart for NZDCHF we are looking at a good setup for a short. This is a good set up for possible swing trade until next week or friday. will be keeping eyes on this going into the end of the week.
NZDCHF - Short preferredPrice is between two important Support/Resistance Zones. In my opinion there is room to the downside.
NZDCHF / H4 / 2618 Trade on NZDCHF2618 Trade on NZDCHF
Time will tell of the opportunity we see, patience is key.
Hopefully you found this helpful!
If so please like or comment, your feedback is appreciated!
NZD/CHF short setupTechnical Analysis: Bias Bearish
- RSI and Stochs are biased lower, RSI below 50
- MACD shows bearish crossover on signal line
- -ve DMI crossover on +ve DMI
- Upside capped at 20-DMA (0.70)
Support levels - 0.6933 (200-DMA), 0.6916 (cloud top), 0.6865 (61.8% Fib)
Resistance levels - 0.7003 (20-DMA), 0.7025 (5-DMA), 0.7066 (Jan 23 high)
Good to go short on rallies around 0.6970/80, SL: 0.7010, TP: 0.6935/ 0.69/ 0.6865.
NZDCHF Potential Short and Long OpportunityAs described in the chart.
Can be used for scalping.
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
