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Nzdchfsignal

NZDCHF Short (Sell) Trade Setup IdeaPrice sliced straight through a sell zone where we were looking for a potential short and is now heading towards a slightly stronger supply zone. We wait to see if there will be good price action from this zone, signaling for a potential short opportunity. The two areas in the middle of lighter green are potential supports where you may want to book some profits but the stronger demand zone is at the very base of this move and would be our final targets.
Short
by AEFX786
NZDCHF 1H👋 Hello and welcome traders to another trade ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 💡 Why should you follow our profile on TradingView? 1- Consistent chart updates 2- Clean charts 3- Short and long-term perspectives 4- Visually teaches you valuable lessons 5- High probability setups 6- Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research. Thank you for reading, Cheers to many pips! 🤝
Short
by med-aaris
NZDCHF | Perspective for the new weekWith 150pips in our direction since my last publication (see link below for reference purpose); It appears price is at a juncture in the market with a trading opportunity we can take advantage of. Tendency: Uptrend ( Bullish ) Structure: Breakout | Supply & Demand Observation: i. Price has been hovering above my Key level @ Fr0.63250 since it's Breakout in December 2020. ii. As price continues to find Higher Lows, the tendency for a rally increases. ii. Looking forward to a retest of Key level in the coming week to hop in the uptrend continuation. iii. Should price enter Demand zone the fifth time, an engulfing Bullish candle from this level should be a signal to watch out for. Trading plan: BUY confirmation with a minimum potential profit of 170 pips. Risk/Reward : 1:4 Potential Duration: 7 to 15 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1
NZDCHF | Perspective for the new weekTwo Bullish engulfing candles saw price broke out of a key level @ Fr0.62950 on Wednesday to set the stage for an opportunity to go long as price settles back into this level for momentum. Tendency: Uptrend ( Bullish ) Structure: Breakout | Supply & Demand Observation: i. Bullish Trendline: A visual representation of support level as the line is drawn under pivot lows showing the prevailing direction of price. ii. Decline in price that began in Nov. 2020 found bottom @ Fr0.62330 to initiate a reversal structure that led to Breakout of Fr0.62950. iii. the expectation of an "AB = CD pattern" shall be a guide in the coming week. iv. ABCD pattern parameters explained below; a. Impulse A-to-B is expected to be in harmony with the potential C-to-D leg. b. The B- to-C leg is at 61.8% currently (with a possible 78.6% in the future) Fibonacci retracement of the A-to-B leg. c. The C-to-D leg is expected to fall within 127.2 - 1.414% Fib. ext. of the A-to-B move. Trading plan: BUY confirmation with a minimum potential profit of 80 pips. Risk/Reward : 1:4 Potential Duration: 1 to 4 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1
NZDCHF Long Trend is your Friend! 1. One Touch, Two Touch and Three Touches complete a trend. 2. EMA Acting as Dynamic Support 3. Market has entered an area of sensitivity @ 0.61000 also know as a psychological level where institutions place orders and take profit 4. Waiting for 3 four hour candles to show signs of rejection to place Buy order 5. I will buying at current Price Level @ 0.61000 Safe SL @ 0.60600 80% Partial TP @ 0.61800 10% Partial TP @ 0.6200 Remaining Trade TP @ 0.62400 Only 5% risk will be take for this trade
Long
by Mafora