NZDCHF: Bearish Continuation & Short Signal
NZDCHF
- Classic bearish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Short NZDCHF
Entry - 0.5442
Sl - 0.5456
Tp - 0.5416
Our Risk - 1%
Start protection of your profits from lower levels
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NZDCHF trade ideas
If we reach to 0.53980, there is a high chance of uptrendIf we reach 0.53980, there is a high chance of an uptrend till 0.54500
📢 Signal: BUY NZDCHF 📈
Entry Point: 0.53980 🔍
Take Profit Targets:
- TP1: 0.54290 🎯
- TP2: 0.54460 🎯
SL: 0.53760 ⛔️
Ensure proper risk management when following signals! 💡
@Mr_Bombastic_Signal
NZDCHF Possible Sells ?I'm probably crazy, Yeah I know
What's up folks Brandon here. Today I have some possible sells on NZDCHF, I think sells just make overall sense as none of the data I have taken in builds my confidence in a buy.
Furthermore it feels like a buy seems to obvious. I am extremely cautious of when a set up feels obvious. I like to go against the grain, and No that doesn't mean I am simply interested in doing the exact opposite of what I think everyone is doing. It simply means trying to have my own opinion, one that isn't afraid of being judged because it is different.
I'm not here to be liked, I'm here to win trades, and even if this trade doesn't win, that's fine there will be others, at least I know I've tried to have a unique perspective on what it is I am seeing
Let's see what happens on NZDCHF in the next few hours or so
NZD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
NZD/CHF pair is in the uptrend because previous week’s candle is green, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.533 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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NZDCHF BUYUpon analyzing the NZDCHF currency pair chart on a 4-hour time frame, it is observed that there has been a notable break in the trend line in the upward direction. This breakout suggests a potential bullish momentum in the market.
The strategy employed involves taking trades when the market retraces after the initial breakout. This approach anticipates the continuation of the upward trend with the next wave expected to move in an upward direction.
By identifying and capitalizing on retracements within the overall upward trend, traders aim to enter positions at favorable prices before the market resumes its upward trajectory.
It's crucial to exercise caution and employ risk management techniques to mitigate potential losses, as trading involves inherent risks. Additionally, staying updated with market developments and adjusting strategies accordingly is advisable to adapt to changing market conditions.
In summary, the analysis of the NZDCHF currency pair on the 4-hour time frame indicates a bullish sentiment following the breakout of the trend line, with a strategy focused on trading retracements to capture potential upward movements in the market.
NZDCHF Expected Growth! BUY!
My dear friends,
My technical analysis for NZDCHF is below:
The market is trading on 0.5371 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.5388
Recommended Stop Loss - 0.5360
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.
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WISH YOU ALL LUCK
NZDCHF - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: As we can see here price changed the character and started to form lower lows and lower highs which means we are bearish, so I look for a short position if price makes a retracement to fill the imbalance higher and then rejects from bearish order block.
Fundamental news: On Thursday we will have news with high impact on CHF, we will see results of Interest Rate.
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NZD/CHF Day Trading Analysis With Volume Profile 📊On NZD/CHF, it's nice to see a strong sell-off from the price of 0.53960. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
The downtrend combined with the strong volume area along with the strong S/R area from the past are my main reasons for this short trade.
Happy trading,
Dale
NZD/CHF Trend is BearishCertainly, here's a precise summary of "Lower High" and "Lower Low" with bullet points:
**Lower High:**
- **Definition**:
- In technical analysis, a "lower high" occurs when the peak in the price of an asset is lower than the previous highest peak.
- **Indicator of Downward Momentum**:
- Suggests a potential reversal or continuation of a downward trend in the price of the asset.
- **Interpretation**:
- Reflects decreasing buying pressure and negative market sentiment.
- Implies a possible shift from bullish to bearish momentum.
- **Usage**:
- Traders may use lower highs to identify potential selling opportunities or to confirm a downtrend.
- Combined with other indicators such as decreasing trading volume, it strengthens the bearish signal.
- **Strategy**:
- Short-selling or exiting long positions may be considered to profit from the expected downward movement.
- Implementing risk management techniques like setting stop-loss orders is crucial to mitigate potential losses.
**Lower Low:**
- **Definition**:
- A "lower low" is observed in technical analysis when the trough in the price of an asset falls below the previous lowest trough.
- **Indicator of Continued Downward Trend**:
- Indicates the persistence of bearish sentiment and the likelihood of further price declines.
- **Interpretation**:
- Highlights sustained selling pressure and negative market sentiment.
- Confirms the presence of a downtrend and discourages bullish expectations.
- **Usage**:
- Traders may use lower lows to confirm the continuation of a bearish trend or to identify potential entry points for short positions.
- Supporting evidence from indicators like decreasing trading volume can strengthen the bearish outlook.
- **Strategy**:
- Short-selling or holding off on buying positions until signs of a trend reversal emerge could be considered.
- Employing risk management strategies such as trailing stop-loss orders is essential to manage potential risks.
NZDCHF Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)