Nzdchflong
Wait for a buying opportunity to appear with NZDCHFH4 time frame.
Structure: Descending channel.
After down to the 50-61.8 Fibonacci zone of the previous strong up move, divergence signals are now appearing.
It is likely that from this price zone will appear reversal patterns.
Wait for a buying opportunity when the price completes the reversal pattern or breaks the descending channel and has a confirmed by retest.
Profit target is 0.66000 zone.
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Wish you all have a good trading day!
NZDCHF Bullish SequenceNZDCHF made an impulsive break from its corrective channel, the recent pullback to retest broken trend channel resistance as support, this area coincided with the equality objective at 6419, with the 50% retracement just below at 6408. Bullish exposure should be rewarded on a break of the monthly pivot at 6475 targeting the next upside equality objective at 6745
NZD/CHF LONG BUY OPPUTUNITY .......
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NZD/CHF:UPTREND | FUNDAMENTAL+TECHNICAL ANALYSIS | LONG 🔔The Swiss government has announced that it has signed a contract with Johnson & Johnson for 150,000 doses of the Covid-19 vaccine. Delivery of the doses is expected next week.
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NZDCHF LongIf you like this idea, like it and follow me for more.
Colour key: Pink = weekly, Grey = daily
I've marked out some key supply and demand zones from the weekly timeframe, as well as some key support and resistance levels from the daily timeframe. DXM is short and interest rates are in favour of my bias.
Many fundamentals are being released this week, as well as the end of the third financial quarter, so i won't be risking much for this setup in case fundamentals invalidate it.
Updates to follow, follow me to see it.
A distribution setup in the NZDCHF1. Uptrend with 10-25 candles
2. Look for down fractols with high volume each of them
3. See many tall wicks/shadow/rejection to making a new higher high
4. Find the up fractols with low volume each of them.
5. Enter short/long when theres an berish engulfing in the 3rd fractol + volume in the berish increased
6. Hold the position when it broke the previous lower low in the past
7. TP at a demand area
NZDCHF long is live 👍☝️Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
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Darren
NZDCHF: Time For New Highs?From a money distribution perspective, this pair is ready to tackle the previous high.
The informative breakout should help you understand why buyers have regained control.
Expect slight retracements and some corrective price action before we see the next impulse to the upside.
What do you think of this move?
NZDCHF LONGAs we can see the pair ( NZDCHF ) has formed a Bullish falling Flag or Bullish falling wedge on the 4 hour time 4Hour and Daily Time frame,
The pair is resting on a strong support level , we expecting a retest of the levels shared on the chart.
Please enter the trade from the ENTRY LEVEL.
We taking this trade based on technical analysis and price action.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share with your friends for more useful content, the more the followership the more free analysis we shall post.
NZDCHF LONGAs we can see the pair ( NZDCHF ) is moving in a descending channel on the 4Hour and Daily Time frame, the pair has bounced from the support level and lower trendline of the descending channel , we expecting a retest of the levels shared on the chart.
Please enter the trade from the ENTRY LEVEL.
We taking this trade based on technical analysis and price action.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
Please like and share with your friends for more useful content, the more the followership the more free analysis we shall post.