NZDCHF:Classic safe haven continues to outperform commoditiesHey Traders, in today's trading session we are monitoring NZDCHF for a selling opportunity around 0.55000 zone, NZDCHF is trading in a downtrend and now sees to be in a correction phase in which it is approaching the major trend at 0.55 psychological level. Moreover we have a bear flag that have formed on smaller timeframe that should confirm further downsides. We would also consider NZDCHF shorts for the fact that CHF is considered a safe haven in time of uncertainty in the market and also if stocks goes bearish that should be a decent confirmation for NZD downsides as NZD does correlate positively with the indices.
Trade safe, Joe.
NZDCHF
NZDCHF- Bearish Trend - 1H Time Frame Based on the chart, it appears that there is a bearish trend forming as evidenced by Lower highs (LHs) and lower lows (HLs). Further analysis using the Relative Strength Index (RSI) indicates that there is currently no divergence present. With this in mind, we recommend taking a long short with a risk/reward ratio of 1:1
Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
NZDCHF: Bearish Continuation is Expected! Here is Why:
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too.
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NZD-CHF Strong Bearish Bias! Sell!
Hello,Traders!
NZD-CHF broke the key
Horizontal level of 0.555
While trading in a downtrend
And the breakout is confirmed
So I think that after a pullback
And retest the price will go
Further down
Sell!
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CROSS CHF PAIRS OUTLOOK A brief video on cross CHF pairs. We look at the GBPCHF chart and see a possibility of a break of keys structure to signal a bearish set up. For the NZDCHF there is a possibility of a bullish correction before a further bearish decline. For CADCHF we are looking for a bullish correction in the coming weeks.
NZD/CHF Will Collapse! SELL!
My dear subscribers ,
This is my opinion on the NZD/CHF next move:
The asset is approaching an important pivot point 0.54739
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Goal - 0.54404
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
NZD/CHF At Historical Support , Ready To Make +300 Pips ?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 - Upside for liquidity ✅Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, with clear lower lows and lower highs,but for now I see price to continue the retracement to take buy stop liquidity and to fill the imbalance higher. As well price formed normal divergence which indicates bullish price action.
Fundamental analysis: On Thursday will be released quarterly CPI on NZD which was forecasted to increase this means strength of currency and validation of our analysis.
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NZDCHF - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
Here is a detailed update top-down analysis for NZDCHF .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - Catch This Breakout!NZDCHF is currently in a major ABC correction. We're in wave B and looking to catch Wave C.
Trade Idea:
- Watch for lower timeframe reversal through trendline break, BOS etc
- Enter with stops below the breakout lows
- Targets: 0.584 (300pips), 0.604 (500pips))
Goodluck and as always, trade safe!
NZD-CHF Strong Horizontal Support! Buy!
Hello,Traders!
NZD-CHF keeps falling down
And it looks like the pair
Is locally oversold so when
It hits the horizontal support
Level below at 0.5521
I believe we might see
A bullish rebound
Buy!
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NZDCHF at daily support levelThe price encountered a strong support on the daily chart and reached the bottom of the descending trend channel, and then rebounded from there. I expect a bullish movement to the top of the channel. But if the descending trend line fails to break, the downward movement may continue.
Daily support:
4H descending channel:
Good trading!
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NZDCHF - Strong Support Zone🛑Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
NZDCHF is overall bearish trading inside the falling broadening wedge in brown and previously we have been looking for trend-following sell setups around the upper brown trendline.
Now NZDCHF is approaching the lower brown trendline.
Moreover, the zone 0.55 is a strong support.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower orange trendline. (acting as non-horizontal support)
As per my trading style:
As NZDCHF approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich