NZD/CHFThis is a short setup on the 15 min chart for the possibility of NZD/CHF to drop.
All details are included in the chart
CHFNZD trade ideas
NZDCHFOn NZDCHF the price has hit our point of interest and we are now expecting for the market to go down and the left out imbalance
NZDCHF-bias long Bullish indications:
Triangle break out.
Resistance break out.
Made a new high.
HHHL
Bullish engulfer candle from break out.
Double bottom and morning star candle in day time frame.
Bearish indications:
Bearish divergence.
Trade plan bias long @ 0.53658
SL:0.53216
TP1:0.54030
TP2:0.54423
NZDCHF H4 | Bullish bounce off 78.6% fibo?Price could potentially fall to our buy entry at 0.5303, which is at the 78.6% fibo retracement and 78.6% fibo projection. We also have a bullish bias since price has been respecting the ascending trendline. Our stop loss is at 0.5280, which is below the swing low support level. Take profit is at 0.5369, which is at a swing high resistance level.
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NZD/CHF 4H Long IdeaHTF Bullish Trend with substantial run on stop losses, expecting continuation now that retracement has occurred.
NZDCHF H4OANDA:NZDCHF H4 Long , H1 retest
Chanel , support end resistanse , Support line , Flag Pattern
NZDCHF LONGBBMA OA Strategy, Re-Entry in H4, Rejection on EMA50 at H1, Magic Extreme in m15. For Entry ,wait for the confirmation in m15 (CSAK) then enter in mahilo. with 1:3 rrr (SL 10pips; TP 30 pips:
NZDCHF: Long Position Swing TradeTechnicals :
Positive Points:
Quaterly Chart:
NZDCHF and NZDAUD has hit yearly ADR. Whenever this has happened on a quarterly chart after making a new low, a quarterly rally start up for about 2 to 3 quarters at least. So, at some point, shorts will unwind.
NZDCHF has stayed, relatively below the quarterly 50-moving average since the 1980s. So, the 50 quarterly moving average can act as some kind of resistance or mean.
Upon entering this long trade after the engulfing pattern, price has not reached its daily ADR.
Monthly Chart:
Engulfing monthly bullish candle pattern at support. There is weekly up regular divergence.
The price has closed above the kijun and the ichimoku tenkan and kijun has crossed up, which suggests the end of the price move down. Also, of note, the price has crossed above both tenkan and kijun simultaneously with and engulfing bullish candle pattern after a short retracement, which is very bullish.
Weekly Chart:
Weekly Divergence with a morning star pattern.
Weekly Bottoming Extreme Indicator
Weekly RSI Low with lower low. Whenever this occurs with this instrument, a rally occurs.
Daily Chart:
MACD broke above the water line with that engulfing candle.
RSI dipped n' flipped above the 50 level upon the close of the engulfing candle.
Negative Points:
There is cloud resistance overhead, which could cause price to delay its rally or enter a period of consolidation.
Trade Plan:
Long now with a stop below 61.8% fib below the engulfing bullish pattern.
Target: close to 0.6050
NZDCHF : Polarity stood me up
The 1st pullback did not work. However, as long as prices remain below resistance, the pullback is not invalidated. So the pair remains in pullback and prices can still fall back. I am therefore sticking to my bearish scenario and continuing to sell the pair. But with resistance very close, the scenario is riskier than ever.
NZDCHF: Descending resistance linesSeeing this pair reject from either the current local resistance boundary or if not the longer term descending trendline.
I'm expecting NZD weakness in the coming week so monitoring LTF's carefully.
I believe we'll be dropping down from either 0.538 or 0.543, a break above this latter number could signify reversal.
NZDCHF sell confirmedSelling because of the sellers have been taken out. Notice how sellers got taken out this confirms the sell
I will look for buys.I see a small down move before a medium up move. I will not enter the down-move because is small and risky, instead, I will look for the buys from the bottom because it has a good chance of giving me the pips I want. What is your view? Trade with care!
NZDCHF : Polarity at work
On the pair, support has shifted from the buyers' to the sellers' camp
This is a bearish rebound configuration
In theory, prices could soon start to fall again
NZDCHF potential expansionAfter price had been moving up with decent momentum, it began to retrace back down in a form of a descending channel, which is a form of internal liquidity. Price held this formation all the way down till it tapped a long term demand zone, taking out liquidity below the established channel in the process. It preceded to break an internal structure strong high, which was a sign that price could now be ready change direction and begin with its expansion to the upside. It eventually took out liquidity at the top of the channel as well where after it began to retrace back into a demand zone formed by this internal directional shift.This demand zone was respected as well, and a directional shift on even lower timeframe occurred. This now gives us the opportunity to jump in on the expansion, our target being the latest internal high as it is weak and awaits to be taken out.
NZDCHFWe have a (Daily TF) Double Buttom and Demand Area on Key Level with LIQUIDITY GRAD underneath.
NZDCHFPrice Reacted of Key level perfectly with a symmetric triangle making it the third touch of key level leaving behind LIQUIDITY (LH).
NZDCHF : A rebound and off you go...
The trend is clearly downward
Prices have bounced off the bearish support
and could now head back down
Nothing is guaranteed, but as long as prices are in the red zone, I'm selling the pair.
NZDCHF , After 80 pips PROFIT now we ...Hello guys
According to the chart that you can see after we signaled that the price ready to go up from that support zone area and ready to break all the resistance, At this time after the pull back to the trendline the price is ready to go up one more time again and we will try to update the price of movement for all of you.
If you have any question send us messages
GOOD LUCK
AA
NZDCHF - Bullish Falling Wedge 📈
As We Talked in The Previous Analysis:
-The NZDCHF Price Reached A Support Level (0.51902 - 0.52084).
-The Resistance Level (0.53330 - 0.53574) is Broken and Becomes a New Support Level.
Currently,
-The Price Pull Back to 0.5 Fibonacci Retracement Level !
-and Formed a Bullish Falling Wedge
-and Now it Will Continue its Bullish Movement !
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TARGET: 0.54075🎯
NZDCHF Long Term ScenarioWe can see NZDCHF trying to escape from a long term downtrend. It's been a while that it's consolidating and after some stop hunt for sellers, looks ready to go up in a new up trend.
NZDCHF : When it's broken, it's brokenIn my humble opinion, this resistance won't last much longer.
And according to theory, this configuration is rather favourable to a bullish continuation.
Finally, on the whole, CHF seems to be losing ground on other counterparts too.
Personally, I can see the pair rising even higher soon
Price extended. Short opportunity Analysis: Price is now extended and we will begin shorting with a smaller position size. It is possible that price will continue its upside momentum thus the smaller position size for the initial trade recommendation.
Short opportunity: Short at market reopening towards 0.53431 as Take Profit - 1 level. (Trade is already active)
Despite being an active user of TradingView, cannot seem to remember posting trade ideas on this wonderful platform.
