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NZDCHF

SOYBN/USD and NZD/CHF on watch for me today.SOYBN/USD: • If price pushes up above our upper rayline, it does so impulsively a subsequent tight one hour flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair. NZD/CHF: • If price impulses down below our rayline, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place a trade on this pair.
by StewySongs
16
NZDCHF - Continuation To The Downside!Analysis: This setup to us is ideal. Firstly price is clearly in a downwards trend and there is no doubt about this. We've seen price create a series of lower lows and lower highs which confirms that we are in a downwards trend. Knowing this we are only looking for shorts on this pair. Where price is currently is a very interesting area to us. Why? This area has held as major support in the past and as support recently so we now expect that it will hold as resistance. If you've been trading long enough you'll know that very often support can turn to resistance and resistance can turn into support. For more confluence at this area we have the 50% fib retracement level which we expect sellers will be sat at waiting before pushing price down further. We've also got an downwards trendline which has been beautifully respected multiple time showing us the bullish pressure and momentum on this pair. Fundamentally as well we're pretty neutral. Both the NZD and the CHF have almost the same long to short ratio so there isn't any real bias here until we dig a little further and we can see that the NZD only really had an increase in short positions by institutions whereas the CHF has an increase in both long and short positions by institutions so we actually have a slight bias to the bullish side of the CHF which goes with our idea and wraps up why we are bearish on this pair. Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all. Stay Safe - JPI Disclaimer: This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does to. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
Short
by jpeacockfx
30
NZD/CHF: Volume Profile 📊 and Price Action Analysis 📋On NZD/CHF is nice to see strong buying reaction from the price 0.55340, there is nice to see strong volume area.... Where is lot of contract accumulated... I thing that buyers from this area will be defend this long position... and when the price come back to this area, strong buyers will be push up the market again... S/R zone from the past + Uptrend + Volume cluster are my mainly reason for this long trade.... Happy trading Dale
by Trader_Dale
NZDCHF potential bullish expansionAfter price broke higher timeframe structure to the upside, it retraced back down and retested the demand zone it left behind in the process. Price preceded to break structure on the 4h timeframe, giving us a change of character to the upside which could be an indication of the initial move of the expansion upwards. Price has now formed liquidity above a demand zone that it could use to fuel its move up, which provides an nice confluence to the analysis
Long
by BlackTygaTrades
NZD/CHF Technical Analysis! SELL! My dear friends , NZD/CHF looks like it will make a good move, and here are the details: The asset is approaching an important pivot point 0.55026 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Target - 0.54407 Recommended Stop Loss - 0.55391 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
✨ NZDCHF...UT ✨ Swing Trade ✨✨ NZDCHF...UT ✨ Swing Trade ✨ - SL @ 0.5300 🚫 BLO @ 0.54421 ⌛️ BSO @ 0.57441 ⌛️ TP1 @ 0.62380 TP2 @ 0.70565 TP3 @ 0.75736 Current Opportunity Our team foresees a notable downtrend retracement for DXY, leading to a bullish stance on NZDCHF. Our strategy involves partially reducing our position by 25% at the first and second take profits, ultimately closing the entire position upon reaching our third take profit. Big Picture Following the projected downward retracement, we anticipate DXY to sustain its upward momentum, which is expected to extend the bearish trend of NZDCHF in the long term. As we approach TP3, we will provide an update regarding a potential short position. Happy Trading!!
Long
by CashFalcon