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Nzdchfshort

NZDCHF Trading Plan - 14/Jan/2023Hello Traders, Hope you all are doing good!! I expect NZDCHF to go Down after finishing this correction. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
NZDCHF: BEARISH Market Analysis! Watching for REVERSALHello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the NZDCHF, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: In higher timeframe , the market has been following a strong bearish impulse, currently in correcting movement, took out the previous swing with a nice possibility to see a market reversal. In lower time frame many bearish confluences make us confident to be waiting for a good entry price. The market broke the first LTF structure and we would definitely try to take this opportunity! When, where and why would we step into the market? This a typical formation of the M pattern, usually a reversal formation. Considering the overall bearish bias, we will be looking only for short position if further price action will form during the upcoming sessions. Our first target would be the bottom of the structure and so on, lower swing if the momentum will be strong enough. If you enjoy this trade idea, please support our work with a thumb up and don’t forget to follow our social medias! Sincerely, Cybernetics Trading Lab DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose.
Short
by Cybernetics_tl
21
20 Reasons for short NZDCHF🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1 ✨Eagle eye: Bear 2 📆Monthly: Bear 3 📅Weekly: Bear rejecters' last resistance 4 🕛Daily: Bull but a massive gap down reversal 😇7 Dimension analysis 🟢 analysis time frame: daily 5: 1 Price Structure: bull 6: 2 Pattern Candle Chart: key reversal, gap-down, double top, bull trap, also major tf rejections 7: 3 Volume: dried 8: 4 Momentum UNCONVENTIONAL Rsi: range shift bullish to sideways 9: 5 Volatility measure Bollinger bands: squeeze started 10: 6 Strength ADX: sideways 11: 7 Sentiment ROC: CHF is always stronger then nzd ✔️ Entry Time Frame: h4 12: Entry TF Structure: Bullish wait for confirmation 13: entry move: sideways Narrow 14: Support resistance base: support at h4 OB AND FVG 15: FIB: wait ☑️ final comments: wait till confirmation 16: 💡decision: after confirmation, we go with bears 17: 🚀Entry: 0.5871 18: ✋Stop losel:0.5922 19: 🎯Take profit:0.5645 20: 😊Risk to reward Ratio:1:7 🕛 Excepted Duration:7 days
Short
by Optimum369
20 REASON FOR SHORT NZDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 1 🧐Eagle eye: in 2016, a fake out occurred effect till Date so by this effect, the price made the last 7 years back to back Low, and this year's Low is extreme 2 👌Monthly: Trend is clear Down after filled last move target. Now price is in a corrective phase and tapped the most important FVG resistance level. In my point of view Corrective move is finished now, and another strong impulse move is beginning 3 👌Weekly: also in a bear trend and a solid corrective move induced previous high stack all liquidity and took all previous stop-loss also halt on monthly FVG resistance 4 👌Daily: daily corrective move successfully achieved the target and took a break on monthly and weekly resistance, so we saw a healthy retracement at this level 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: Bullish 6: 2 Pattern Candle Chart: long wicks at resistance CIP this level double top 7: 3 Volume: below average right now, a vital reversal sign 8: 4 Momentum UNCONVENTIONAL Rsi: extreme high complete overbought levels 9: 5 Volatility measure Bollinger bands: longest walking on the band highly overbought 10: 6 Strength ADX: divergence at ADX 11: 7 Sentiment ROC: NZD is too much weaker than the CAD ✔️ Entry Time Frame: H4 12: 1 Entry TF Structure: higher low Not confirm YEt 13: 2 entry move: impulse 14: 3 Support resistance base: Monthly Resistance daily resistance H4 Resistance Confluence 15: 4 FIB: trigger event Occurred ☑️ final comments: small sell 1st as a test entry Then add at 3rd low increase your position size 16: 1 decision: sell a test and small size 17: 2 Entry: 0.8345 18: 3 Stop lose: 0.8390 19: 4 Take profit: 0.8065 20:5 Risk to reward Ratio: 1:7 🕛 Excepted Duration: 10 Days
Short
by Optimum369
2