Nzdchfshort
NZD/CHF Moved +50 Pips , New Short Setup To Get Another 100 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
How To Trade In Sideway With Real Setup On NZD/CHF Now This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZDCHF: Price has started unfolding final wave (Y)Key levels: 0.6520
Price is forming a corrective descending channel for 13 months.
Currently, the price is facing resistance at the upper band of the parallel channel.
As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y) . Price has completed the intermediate wave (x) and started falling for the final wave (Y).
Traders can short for the following targets: 0.6362 - 0.6274 - 0.6124- 0.6052.
Invalidation: Breakout of wave (X)
Jamie Gun2Head - Selling NZDCHFTrade Idea: Selling NZDCHF
Reasoning:
Entry Level: 0.6217
Take Profit Level: 0.6182
Stop Loss: 0.6233
Risk/Reward: 2.19:1
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NZDCHF | WATCHOUT LEVELNZDCHF has been trading in a bearish parallel channel. The price is trading at an important level where a breakout or break below can happen.
If the price is successfully managed to break above the level we have an excellent upside target with minimized risk. However, the break below will carry the bearish parallel channel.
NZD hit 52W low | SHORT TRADE- Alright, I like this trade because it's trending towards the downside on the higher time frames. If we look at the daily TF, we can see multiple rejections off MA 20, suggesting that sellers are really in control of the market.
- On a 4-hour time frame, the price broke both moving averages and we have a recent 1-hour bearish engulfing candlestick suggesting further bearish movement.
- Both currency pairs are being sold off by the hedge funds, but NZD is being sold off more heavily since it hit a 52-week low.
- If support is broken, there is a possible push > exhaustion scenario, and the trade will continue to move down.
NZD/CHF Very Simple Short Setup To Get Easy 200 Pips :DThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
NZD/CHFX2 Position
1. Buy: NZD / CHF
Buy limit: 0.62365
SL @ 0.62110
TP @ 0.62950
Max Risk: 2%
1. Buy: NZD / CHF
Buy limit: 0.61810
SL @ 0.61435
TP @ 0.62750
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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It is not an investment recommendation
NZDCHF | BEARISH trade OPPORTUNITY 📉- There's a solid chance for a short trade here.
- Multiple time frames show a downward trend, and a weekly bearish engulfing candlestick pattern is forming, indicating bearish power in the market.
- Closed bearish engulfing candle on the 1-hour time frame, it bounced off of a recent resistance area.
- In addition, NZD is being sold off by hedge funds, which is in our favor.