Reversal Pattern in NZDCHF in BULLISH TRENDReversal Pattern in NZDCHF in BULLISH TREND. Bullish Trend is going on but there is a reversal pattern so I am doing Short. Also it is very much safe because it is under 0.382 level.
NZDCHF trade ideas
NZDCHF...BUYFX:NZDCHF LONG position can be taken in the specified area
There is no position before the area
BuyLook for buys in this pair the bulls are gaining momentum any downward correction should be seen as an opportunity to buy
NZDCHFNZDCHF bearish idea, trend is bullish but there is a divergence and price make a double top, if price break it's neckline which mention on chart then there is our entry, stop loss and target mentioned on chart.
NZDCHF LONG SETUP NZDCHF had been in a downtrend for months however, it seems to have broken above the trendline thus indicating a bullish continuation. TP and SL are marked. Always follow risk management. The market is volatile so better reduce your risk size.
NZDCHF BEARS ARE STRONG HERE|SHORT
Hello,Friends!
NZD/CHF pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 6H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.527 area.
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A short term high reward NZD/CHF sellthe market has completed a running flat in a x wave of wxy. from our indexes we know that the currencies will diverge therefore makes this trade very attractive.
NZD-CHF Resistance Ahead! Sell!
Hello,Traders!
NZD-CHF keeps growing
And the pair is locally overbought
So I think that after the price
Hits the horizontal resistance
Level of 0.5341 we will see
A local bearish correction
Sell!
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NZDCHF: Weak Market & Bearish Forecast
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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NZDCHF Bullish Breakout! NZD-CHF broke out of
The falling channel pattern
And the breakout is confirmed
So we will be expecting
A further move up !
NZDCHF...SHORTFX:NZDCHF A short position can be taken on the specified levels
There is no position before reaching the surface
NZDCHF,🔴Sell opportunity🔴
NZDCHF reached the important supply zone formed as a bearish order block with FVG.
So we can expect the zone to reject the price.
We can study the price in the lower time frame for finding the trigger.
💡Wait for the update!
🗓️06/02/2024
🔎 DYOR
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NZDCHF ShortExpecting price to continue with the Bearish Order flow, delivering lower prices, after mitigating the OTE Area, and after taking liquidity.
KEEP IT SIMPLE FORGET MY DESCRIPTION AND FOCUS ON THE CHARTHey Traders,
Many are focused on US News that comes this afternoon.
Mostly, that's because a change in inflation can cause a large chance in the decision making for the Central bank in that economic zone.
NZDCHFNZDCHF was trading in descending parallel channel. The price was reacting well the support and resistance of channel.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.53200
What you guys think of this idea?
NZDCHFExiting the descending channel and stabilizing above the trend confirm the movement towards the target
NZD/CHF BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
NZD-CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.526 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair.
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NZDCHF Expected Growth! BUY!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.5255
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 0.5279
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDCHF Short With H4 and Daily trend
There is a pattern on M30
There is a double top with a divergence
Stop loss is above 0.53
The target is 0.5245
Quick trade as risk to reward is not that much
NZDCHF Reversal Idea ShortI really like the idea of a reversal trade here after a nice close of a MMBM, and a MSS. I'm going for a 1:2 risk-to-reward here.
