SELL NZDCHF(1D)
A major R area breakout and a strong bearish trendline.
Moving Averages also indicating a trend continuation.
Wait for a good candle stick confirmation.
NZDCHF trade ideas
NZDCHF-In Bearish TrendNZDCHF in a 1-hour time frame is in a bearish trend and making a series of lower lows and lower highs. We also found a harami candle at LH which indicates a strong continuation of a bearish trend.
#9572023 | NZDCHF Demand Zone 1:9NZDCHF Demand Zone Appears in D1 Time Frame Looking Price Action for Long Term Buy
Risk and Reward Ratio is 1:9
After 50 pips Profit Set SL Entry Level
"DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by Carefully Considering your Financial Situation.
NZDCHF Bearish( Potential Bearish Move)Price broke past previous support of 0.54340 potentially headed back to the 2020 lower low support of 0.53004. My bias is bearish
NZDCHF Bearish Trend 1 HourAccording to Dow Theory, Higher Lows and Lower lows make a Bearish Rally. For maximize our profit we make a more precise entry on Higher Low by using Candlestick Pattern.
NZD/CHF Volume cluster On NZD/CHF is nice to see strong sell-off from the price 0.54400, there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area is my mainly reason for this short trade....
Happy trading
Dale
NZDCHF 30 Min SellA simple trend continuation trend after initial pullback, high supply avoiding a second larger extension pushing trade downward, high probability.
Please remember to boost the ideas, I do it for the community, if you don't like the ideas then there's no reason in me doing this.
Thanks
NZDCHF → Activity of dynamic sellers forms a triangle FX:NZDCHF is forming a multi-month descending triangle. Globally, the currency pair is under downtrend pressure. What's going on?
Buyers are forming the limit zone at 0.5444, sellers continue to press this area since the end of April, thus a descending triangle is formed on the chart, which speaks for itself.
False breakdown of the support does not give the result and we see an attempt of another retest of the support level.
Formation of the subsequent test or pre-breakdown consolidation will form the momentum that can break the mentioned support and form a bearish impulse towards 0.5350.
But, if the buyers hold the zone, the price will head upwards. A breakout and consolidation of the price above 0.5496 will be a buy signal.
Support levels: 0.5444
Resistance levels: 0.5496
I expect the support breakout based on the technical feature of the currency pair at the moment.
Medium-term target is the support at 0.5350.
Regards R. Linda!
NZDCHF Descending triangle pattern has formedNZDCHF
Descending triangle pattern has formed, and the price has broken down (Bearish bias).
The moving averages (MAS) are in the order of 7<21<200 (Bear).
The RSI is below 50, indicating a bearish bias,
Target is set at 0,50381.
NZDCHF - descending triangle pattern breakdownNZDCHF
Descending triangle pattern has formed, and the price has broken down (Bearish bias).
The moving averages (MAS) are in the order of 7<21<200 (Bear).
The RSI is below 50, indicating a bearish bias,
Target is set at 0,50381 .
NZDCHF Bearish Bias Prevails!NZD-CHF is trading in a
Downtrend and the pair broke
Out of the bearish triangle
Thus reinforcing our bearish bias
And I think that after some
Consolidation we will see
A further move down
Towards the 0.53107 level !
NZDCHF Looking for a Breakout on Daily Time FrameNZDCHF has confirmed the breakout on Daily time Frame towards downside and we will enter our short position with Take Profit Targets in place.
Potential selling opportunityprice currently broke an important level at 0.54420...after creating a possible LH which resisted at 0.55027...with all that there is a higher chance that price might drop all the way to 0.53798
BUY NZDCHF 💲💀💲 №244FX:NZDCHF
Trading Forex and other financial products with leverage is highly risky and can result in substantial losses. Trading in the market may not be suitable for everyone. You need to be aware of all the risks and seek the help of independent financial advisors if you have any questions or doubt
