NZDCHF RESISTANCE & SUPPORTNZDCHF resistance and support its movement in side ways movement neither HH HL or LL LH
CHFNZD trade ideas
NZDCHFI am expecting a continuous upward movement for NZDCHF, there has been series of confluence to make me believe NZDCHF will make a new higher high. Now we wait and see.
NZDCHFIt is clearly in an upward trend. We have marked an interesting point on the graph to enter into purchases unless the price continues to rise and the price does not fall to look for us.
Risk benefit 1:2, with the idea of taking about 56 pips.
NZDCHF H4 | Bullish bounce off 61.8% fibo?Price is falling to our buy entry at 0.5371, which is an overlap support level, aligning with the 61.8% fibo retracement. Our stop loss is at 0.5345, which is below a swing low support level. Take profit is at 0.5411, which is a swing high resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
NZDCHF Will Go Higher! Buy!
Please, check our technical outlook for NZDCHF.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.540.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.545 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
NZDCHF: Bullish Trend Continues 🇳🇿🇨🇭
NZDCHF is taking off from a key horizontal demand zone.
As a confirmation, the price formed a tiny double bottom on that on an hourly time frame.
We may anticipate growth now.
Goals: 0.5428 / 0.546
❤️Please, support my work with like, thank you!❤️
NZDCHF : Likely to go back down
The underlying trend is bearish
A price rising attempt has been stuck buy a bullish resistance
It's a double bearish configuration
This could be an advantage for sellers
NZDCHF - Breakout TradeI see an interesting reversal play to the upside on NZDCHF. This is a pure technicals play to trade the breakout on this week's session open.
Price fails to push to new highs and signal the start of a potential downtrend.
The massive selloff doesn't push price to new lows so we have a support formation.
Moving average crossover is an early signal that near-term momentum is picking up to the upside.
Upside breakout further supports... well, upside potential.
NZDCHF : Long Trade , 1hHello traders, we want to check the NZDCHF chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow to around 0.54700. Good luck.
NZDCHFNZDCHF is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea
BLEED COMING SOON NZD/CHFNZD/CHF
I will keep everything simple
according to my rules, the market remains corrective until the price clears out 0.54130, but if the market remains under the price zone I keep looking for a sell option. To confirm sell continuation wait for the market to break down 0.53791 before looking for sell.
If this idea is helpful please meet me in the comment section
Thanks
NZD/CHF: Further upside remains on the cardsNZD/CHF: Further upside remains on the cards
NZDCHF confirmed a contracting triangle pattern.
The price is holding very well.
CHF has been very strong for a long period of time and it needs to correct.
However, the CHF strength is not related to the fact that CHF is a strong currency but is related to the problem that SNB keeps manipulating its strength but intervening in the market.
The pattern is bullish and probably this undervalued price can help NZDCHF rising this time.
Thank you and Good Luck!
NZDCHF - Following My Friend - The Trend 👬Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDCHF has been overall bearish trading within the falling orange channel and it is currently retesting the upper bound / trendline.
Moreover, the zone 0.55 - 0.5575 is a strong resistance.
📉 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the green resistance and upper orange trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As NZDCHF approaches the upper red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Knowing that NZDCHF can still trade inside the resistance zone before going down.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - BULLISH MOVE 📈
Currently,
-The Price Pulled Back to 0.5 Fibonacci Retracement Level !
-and Formed a Bullish Falling Wedge
-and Now it Will Continue its Bullish Movement !
-----------
TARGET: 0.54075🎯
NZDCHFI am still expecting NZDCHF to make a new high thereby taking out the previous high. Now at current position, it making up its mind.
NZD-CHF Local Short From Resistance! Sell!
Hello,Traders!
NZD-CHF is going up now
But the pair will soon
Retest a horizontal resistance
Level of 0.5392 from where
We will be expecting a local
Bearish correction
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
