Nzdchflong
NZDCHF - SWING - 01.OCT.2020Good day guys..
Multi timeframe analysis
Hour-01
Bullish engulfing
Series of HH HL HH patterns
Upside pressure
Price above 200 EMA
Price above Ichimoku cloud
HOUR-4
Price above .618 Fibonacci
Strong bullish candle
Strong rejection around 0.60500
Price above 200 EMA
Price above Ichimoku cloud
DAILY
Strong bullish engulfing
Price above 200 EMA
Price above Ichimoku cloud
RSI above 50
Upward pressure
NZDCHF-SWING TRADE
BUY @ 0.61150
TP @ 0.62750
SL @ 0.59800
(Don't risk more than 1% of your capital)
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NZDCHF long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
NZD/CHF Long ideaIf we look at NZD/CHF on a weekly we can see that it has a nice start to the W pattern. So the price at the end of the pattern is an area of 0.62550, which also coincides with the weekly trendline which is certainly not broken down. So our setup for this pair will definitely be long.
NZDCHF Long Trend is your Friend!
1. One Touch, Two Touch and Three Touches
complete a trend.
2. EMA Acting as Dynamic Support
3. Market has entered an area of sensitivity
@ 0.61000 also know as a psychological level
where institutions place orders and take profit
4. Waiting for 3 four hour candles to show signs
of rejection to place Buy order
5. I will buying at current Price Level @ 0.61000
Safe SL @ 0.60600
80% Partial TP @ 0.61800
10% Partial TP @ 0.6200
Remaining Trade TP @ 0.62400
Only 5% risk will be take for this trade
NZD_CHF STRUCUTRE LONG| TRADING PLAN
NZD_CHF IS HAS BROKEN OUT OF THE DOWNWARD WEDGE AND IS BULLISH CHARGED|
(1) LONG now at pullback, after the first breakout
(2) Reaching T1 would mean a second confirmatory breakout>>> double the position
(3)T2+T3=realistic targets
(4) IF flops and goes down to the horizontal support>>>small retracement long from there too!
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NZDCHF - SWING - 14. SEPT. 2020Welcome to our weekly trade setup ( NZDCHF )!
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1 HOUR
Bullish market open and pressure.
4 HOUR
Price closed above main sr level, good long entries!
DAILY
Overall bullish market in a downside movement, good reverse entry..
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FOREX SWING
BUY NZDCHF
ENTRY LEVEL @ 0.60780
SL @ 0.60450
TP @ 0.61360
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NZDCHF complete Elliot wave AnalysisAfter the completion of the A-B-C correction, the impulse wave began rapidly as we experienced in the last week market we were able to count sub waves 1,2,3 for the wave (i)
What we expect for the week ahead is correction of the impulse move then an advance for wave 3, which often represents the strongest part of the market cycle and can't be the shortest by price
NZD/CHF BUY SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: Low risk please in this trade!
NZD/CHF: Swingtrade-Preparation
Market-Buy: 0,59775
Stop-Loss: 0,59200
Target 1: 0,60270
Target 2: 0,60625
Target 3: 0,60955
Stop-Loss: 57,5 pips
Risk: 0,5 % - 1%
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Peace and good trades
Irasor
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