CHFNZD trade ideas
Proposed short NZDCHFMy chart shows exactly what I am thinking.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Sell on the NZD/CHF chartConsidering the bearishness of the short-term trend and the breaking of the medium-term upward trend, we can expect a further fall of this currency pair
As always, do not forget capital management and be ready to sell in the specified areas
be profitable
NZD/CHF Short!I am waiting for the retest to go short. The first profit is 1 to 3, and the second is 1 to 5.
Short term sell Switzerland's currency is strong based on macroeconomic data.But the trend shows that a significant amount has been exhausted.
Major economic indicators
1 GDP growth rate CHF
2 Unemployment CHF
3 Inflation NZD
4 Interest rate NZD
5 Manufacturing PMI CHF
6 Consumer spending N&C
7 consumer confidence NZD
8 Retail sales MoM CHF
9 Retail sales YoY CHF
10 Wages N&C
11 Trade balance CHF
12 Services PMI CHF
NZD-CHF Head And Shoulders Pattern And Breakout! Sell!
Hello,Traders!
NZD-CHF has established
A head and shoulders pattern
And now we are seeing a
Long-awaited bearish breakout
Of the neckline around 0.5191
So we are now bearish biased
And we will be expecting a
Further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NZDCHF Set To Grow! BUY!
My dear friends,
My technical analysis for NZDCHF is below:
The market is trading on 0.5199 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5217
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
———————————
WISH YOU ALL LUCK
NZDCHF SHORTMarket structure Bearish on HTFs 30
Entry at Daily and Weekly AOi
Weekly rejection at AOi
Daily Rejection at AOi
Around Psychological Level 0.52500
H4 EMA retest
H4 Candlestick rejection
Levels 5.2
Entry 90%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Smart money concept i think the CHFJPY will go down considering the confirmation cheklist
1.the 1H AND 4H is trending down
2.the 15M is trending down also
3.the 5M countertrend
5.liquidity and manipulation
Heading into pullback resistance?NZD/CHF is rising towards the pivot which acts as a pullback resistance and could reverse to the 1st support which has been identified as a pullback support.
Pivot: 0.52173
1st Support: 0.51779
1st Resistance: 0.52448
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
NZD_CHF LONG FROM SUPPORT|
✅NZD_CHF is going down now
But a strong support level is ahead at 0.5180
Thus I am expecting a rebound
And a move up towards the target at 0.5230
LONG🚀
✅Like and subscribe to never miss a new idea!✅
NZDCHF: Price Action & Swing Analysis
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy NZDCHF.
❤️ Please, support our work with like & comment! ❤️
NZDCHF - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
NZDCHF Will Go Up! Buy!
Please, check our technical outlook for NZDCHF.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 0.523.
Taking into consideration the structure & trend analysis, I believe that the market will reach 0.536 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello, Friends!
We are now examining the NZD/CHF pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.524 level.
✅LIKE AND COMMENT MY IDEAS✅
possible selling opportunity. clear bear flag with perfect 1.2.3 touches is the reason we took this trade.
NB: keep your risk low and tight management style
NZDCHFNZDCHF is currently in a bearish trend.
Price is forming a bearish flag pattern, indicating a potential continuation of the uptrend.
The pair is being rejected from resistance at the 61% Fibonacci retracement level, adding confluence to the bearish bias.
what you guys think of this idea
NZD-CHF Local Bearish Bias! Sell!
Hello,Traders!
NZD-CHF is already making
A local pullback from a
Horizontal resistance of 0.5268
From where we will be
Expecting a further move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
possible NZDCHF breakout looking from the 4 hour time frame we can see that the market has been in a state of consolidation retesting major level of resistance 0.52620 4 times, the current upside push is currently retesting previous level of resistance from a higher high, if you look at it on the 1hr or 30 min time frame the rejections on all these levels are very clear. Giving me the optimism of a continuous push to the upside, eventually break out of this consolidation phase
NZD_CHF LOCAL SHORT|
✅NZD_CHF has hit a key structure level of 0.5267
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Breakthrough or reject of resistanceLooks like the market is retesting previous level of resistance for the third time at 0.52621its possible that it could break through since its a third retest of this zone and volume looks promising keeping a close eye on how the market reacts around this zone
NZD/CHF For Bullishgo long now
or
wait for break current resistance at red arrow
- General Trend is Up Trend
- Price will try to break current resistance at red arrow so you can wait for break and go long
have fun :)
