NZDCHF SELLAs i can see this pair it break trend line and structure show us more bearish move till our design TP
as i had send prediction in last analysis on this exactly retrace to the given levels now hit tp its is going more drop till
design levels we are trading this pair with a small risk and looking for higher rewards
SO friends join the train and earn the profits dont forget push like and follow us for more updates
Nzdchfsignals
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.
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.
NZDCHF Break-out signalPattern: Triangle on 1D.
Signal: (A) Bullish if the Lower Highs trend-line breaks, (B) Bearish if the Higher Lows trend-line breaks.
Target: (A) 0.6300 (the Resistance), (B) 0.6000 (the Symmetrical Support).
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Most recent NZDCHF signal: