Follow the trend 3 emas uptrend 200 ema support horizontal support SL below support TP 2:1
Nzdchf short-term purchase opportunity in one hour period
Traders, Inside the box, NZDCHF finished a abc corrective wave . And the channel we used to see as a descending channel for it to go with now seems to wrong with bullish candles appear on 4h chart now. 0.73 is our longterm target for NZDCHF to go which will take 1-2 month to finish. Less is more!
NZDCHF hit resistance level again. Bearish is a good idea with target at 0.7150 (125 pip) Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you...
potential crab pattern
NZDCHF ready for a long-term short
Hello , traders, This pair just finished a correction wave and now is showing us bearish. Follow that channel to see how deep it can go. Less is more!
NZDCHF is showing a promising buy setup in the making. The price is now approaching a resistance that has been tested twice before. So statistically the chances of it breking are only increasing. Besides that we also see that Stoch indicator has lots of upwards momentum left. Possible target is 0.7776
The breakout that we were looking for turned out to be a false break which means we might be going inside a range on the H4 chart We will be looking for shorts near the top of this potential range. As long as the last high around 0.7140 holds. This is a very possible bullish scenario Wait for confirmations or signal from your strategy! This is why don't just...
Hi Folks! Looking for a possible reversal according to some Elliott rules and criteria. If we are right we will have an ABC expanded flat which will develop a new daily impulse. Let's see how it develops, too early to plan any entries. - Hola Amigos! Buscando una posible reversión de acuerdo con reglad y criterios de la teoría de Elliott. Si estamos en lo...
Safe Trades;
H4 - Correction starts to look like a potential channel as price found support at a new trend line. We can try and sell the top of the channel if a setup presents itself, as long as 0.71 is holds. Alternatively a confirmed break below 0.6980 should open the doors for the bears as well.