NZDCHF trade ideas
NZDCHF Long Term Buying Trading IdeaHello Traders
In This Chart NZDCHF DAILY Forex Forecast By FOREX PLANET
today NZDCHF analysis 👆
🟢This Chart includes_ (NZDCHF market update)
🟢What is The Next Opportunity on NZDCHF Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
NZDCHF | Forming ABCD Harmonic PatternNZDCHF | Forming ABCD Harmonic Pattern so we can enter on the breakout of the resistance.
NZDCHF FORECASTFrom few days market is moving side ways in downward direction; and right now market made support here and tries to move upward from here and break the downward trendline if price successfully breaks the trendline and 1st resistance then we can expect a bullish markert. wer can open a buy trade when the market comes for a retest.
NZDCHF: TECHNICAL ANALYSIS.Hello traders,
Wave 5 is supposed to materialise towards the support zone at 0.52560.
Thanks.
NZDCHF OUTLOOK
Overall price is bearish, but since price is ranging, we can wait for price to break out of the range to look for trades.
💱 NZDCHF - Pre-breakout setup. The market is getting to fall NZDCHF continues to observe a multi-month bearish trend. This time price finds limit support at 0.53362 and continues to make an onslaught on this zone.
TA on the high timeframe:
1) The strong bearish trend continues. Price is unable to update the local highs
2) Flat (consolidation) is being formed. Within the consolidation, the price is approaching the support for another breakout
TA on the low timeframe:
1) A bearish channel is formed. The price bounces off the resistance and tests the support
2) The currency pair is squeezed between 0.54000 and 0.53360
3) Another (4) support retest is formed. Under market pressure after the next test, the price may break the support and head lower towards 0.52500
Key support📉: 0.53360
Key resistance📈: 0.54000
NZDCHF TradeAfter taken liquidity o the buyside and change of character and beraker block we will see a drop of the price we consider Breaker block an entry point
H4 externalsHere i detail in full how to plot h4 external ranges. This is where major liquidity rests in the market so once its taken we need to wait and see what happens. This means when a h4 external is taken you MUST wait for a h$ candle close.
NZDCHF LONG/ BUY🔰 Pair Name : NZD/CHF
🔰 Time Frame : 4H/ DAILY
🔰 Scale Type : MID Scale
🔰 Direction : LONG/BUY
NZD/CHF Forecast: Bullish Momentum Expected as Price Reaches Key Support Zone
Hey traders! 📈🚀
NZD/CHF has reached a critical juncture on the charts, arriving at a significant Monthly demand zone around the 0.53 area. This zone not only marks the historical low for the pair but also aligns with the bottom of a well-defined downtrend channel. 📊
Given this confluence of support levels, we are keeping a close eye on the price action, as a potential bullish reversal is in the works. 🧐💹
Our analysis suggests that the price could experience a noteworthy upward movement from this strong support area, with an initial target at the 0.55 area. This level coincides with a key daily supply zone and represents an excellent opportunity for the market to collect liquidity and balance out the demand-supply dynamics. 🎯📉
Traders should remain vigilant and look for bullish confirmation signals in the form of candlestick patterns or trendline breakouts before entering any positions. Remember, successful trading requires proper risk management and adherence to your trading strategy. 🛡️📈
Stay tuned for updates throughout the week as we monitor the price action closely. Let's capitalize on potential market opportunities and make some profitable trades together! Happy trading! 🤝😄
UPDATE: NZDCHF BUYIn my previous analysis i was anticipating BUY setup for NZDCHF, the market is showing signs of strong BUYERS and WEAK SELLERS, we could see thie market turing from this point, let's observe and see. my trade has already been activated.
LongI think it is time to go long.
Don't enter a trade based on my analysis if its against your strategy.
NZDCHF LONGNZDCHF looking bullish on 1h and 1d time frame.
Bullish divergence present on 1h and 1d which seems to be mature.
NZD/CHF Head & Shoulders Pattern Is On The Wayreversal pattern is been created now we can take an advantage of it and enter a buy trade
NZDCHF - Bullish on 1hr NZDCHF has been forming an Inverse Head & Shoulders Pattern and it has also formed AB = CD Harmonic Pattern and formed a bullish divergence which makes it a perfect Confluence Trade. If the Price Breakouts from the Level shown then Bullish momentum is On!
