CHFNZD trade ideas
NZDCHF - LongThe NZD/CHF currency pair has recently transitioned into a bullish market phase. We are considering a long position contingent upon a retracement to our buy limit order set at 0.53207. However, it is essential to approach this trade with caution, as the market may exhibit sharp bearish swings despite the overall bullish confirmation.
Key Levels:
Entry Point: 0.53207
Breakeven Point: Located at the -27 Fibonacci level
Target Price: The target is set based on chart analysis, with a maximum target of 0.54250.
Regular updates will be provided to monitor the trade's progress and any changes in market conditions. Stay vigilant for potential volatility, and adjust strategies as necessary.
NZDCHF Buy ForecastNZDCHF New forecast👨💻👨💻
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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NZDCHF Massive Long! BUY!
My dear subscribers,
NZDCHF looks like it will make a good move, and here are the details:
The market is trading on 0.5321 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5333
About Used Indicators:
The average true range (ATR) plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
Watch for Breakout Above 0.5320 for Potential Upside to 0.5500NZD/CHF is currently testing a resistance level and may drop towards the 0.5225 support zone. Despite this, we advise caution and do not recommend initiating a sell position at this time, as market conditions could shift. Instead, we suggest waiting for a clear breakout above the 0.5320 resistance level before considering a buy. If this breakout occurs, there is potential for the pair to rally further, with an upside target around the 0.5500 level, signaling a more sustained bullish trend.
NZD/CHF BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently falling on the 1H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 0.533 because the pair is oversold due to its proximity to the lower BB band and a bullish correction is likely.
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NZD-CHF Will Keep Growing! Buy!
Hello,Traders!
NZD-CHF is trading in an
Uptrend and the pair made
A retest of the horizontal
Support level of 0.5309
And then went up again
Which reinforces our
Bullish bias and makes
Us expect a further
Bullish continuation
Buy!
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#NZDCHF 1DAYNZD/CHF (1D) Buy Opportunity:
The NZD/CHF pair is showing bullish potential on the daily chart. The price has bounced off a key support level and is forming higher lows, signaling upward momentum. A bullish crossover in the moving averages and a strong RSI above 50 add further confirmation. Fundamental factors, including New Zealand's economic strength and weakening Swiss Franc due to global risk sentiment, support this view.
Trade Idea: Consider buying near the support level with a stop loss below it. Target recent resistance levels for take-profit.
NZDCHF Sell/Short 1:5 probabilityReason for trade:
1. Break of structure
2. Impulsive up move 1AW shows the beginning of a high probability chance of a corrective structure forming.
3. a wave of the 1AW impulsive move goes against the impulse and indicates a b wave should be in the making.
4. A lot of liquidity $$$ levels that need to be taken out
5. Engulfing candle in 1 HR TF
Entry: 0.52900
Stop loss: 0.53129
Take profit: 0.52801
Strategy: Enter at the close of engulfing candle
Add positions by compounding every time price levels indicated with $ are taken out