Nzdchflong
NZD/CHF Long Setup After Daily Closure And Bullish Confirmation 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 TO CONTINUE PUSHING?We have seen NZD strength continue here as the currency is building up strength fundamentally.
We could see a pull back before continuous movements to the upside.
We're capitalizing on the momentum and current trend to get us an entry.
Targets would be a new high in the trend.
nzdchf sellnzdchf sell :
Reasons :
1)following my regression trend
2)at support level now,once it breaks we can go form a sell position to the next support level
3)nice pattern trend has been formed since last months
and today chf news is going to release so we hope it comes advantageous to us,
take profit : green line
stop loss : red line
entry : blue line
NZDCHF AT KEY LEVEL.During the last few days, we have seen NZD strength drive counterpart pairs to the upside, this pair included.
Now we see price at a key level of resistance. We already have this pair reacting to the level, but we need to see a break below the current higher low, before we start taking sell opportunities.
NZDCHF IN A DOWNTRENDThis pair has been moving to the downside for quite some time, with lower highs and lower lows forming along the trend.
Now, price just pulled back to the previous h1 low and is reacting to it.
At this point, it is better to take a loss selling than to think of buys in the situation.
We have positioned ourselves short, with targets at a new low in this trend.
NZDCHF ANALYSISIt seems like the short-term uptrend has ended.
Price can no longer find higher highs and higher lows, and the most recent could now be broken.
If this happens, we could see a continuous downtrend follow through and that's what we're waiting for.
We're waiting patiently to see how this sets up.
NZDCHF long trade live ☝️👍Trade has been running for an hour.
Entry details are shown on the chart.
We're only looking for the green line which is take profit target.
Trade history can be seen below this trade idea too for full transparency.
Previous trade is also shown on the chart unfortunately stop loss hit.
Lets see how this one plays out.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
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.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF Long OpportunityHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for NZDCHF for the upcoming week, wait for price to pullback to retest support and take a long up to the next resistance area .
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
NZDCHF long in progress on our reversal strategy 👍👊Our reversal strategy has presented a long trade on NZDCHF .
This is working the 15M time frame and trade has only just alerted.
This is a new reversal strategy script we are trialling at the moment.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Previous trade included to show script workings.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
NZDCHF long running 📈🙏Earlier on today our reversal strategy presented a long trade on NZDCHF.
I wasn't at the chart at the time of alert but despite going close to stop loss this trade is still valid and running.
This working the 15M time frame and trade is now a few hours in.
This is a new reversal strategy script we are trialling at the moment.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade idea too for full transparency.
Any questions on this strategy hit the comments section below.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
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.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.