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Nzdchflong

NZDCHF Pending Order Took Profit! Here Is Why…Pending orders don’t just work well for traders with busy schedules. They can help you if you: 1. Can’t manually place orders at a certain time or time session 2. Get anxious wondering what’s the best candlestick to enter a trade 3. Know where you want to enter a trade but can’t always make the time 4. Have a hard time pushing the button As for me, and this is being real, I’m overcoming anxiety and sometimes my anxiety can keep me away from my computer. So, this past Sunday, I set pending orders on NZDCHF along with other currencies and it paid off. NZDCHF made a new high on the 4 hour timeframe. I placed a buy limit pending order above the higher low on top of my estimation on zone and set my Stop loss at the Lower low. My take profit was placed back up to the high. Managing the trade: My trade went into a bit of drawdown, but not much. I’ve realized after years of trading the stop loss is protection from drawdown and if I’m stopped out I need to trade in the opposite direction. I saw the trade through and it took profit. This pending order worked out well.
Long
by ShaquanLopez
NZDCHF (LONG) 🔥🔥🔥Based on the break of structure and retest strategy. We should see a bullish momentum if the OB holds. Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Long
by Thewest-sidetrader
NZDCHF (LONG) 🔥🔥🔥THREE RISING VALLEY FORMATION. Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
Long
by Thewest-sidetrader
2
NZDCHF Sell at KEY levels!Hi Traders, NZDCHF was rising within LTF ascending channels inside an expanding structure which gave indication that a reversal was coming, however price was simply not ready to fall which has a massive rally upwards. Looking for a short at double top level towards top of the HTF Expanding structure boundary. Watch for bearish price action before pulling the trigger. What's your view on this pair? Share a comment below and let me know. Click the like button and support me If you agree with this idea. Trade Safe
Short
by ktlfx
NZDCHF, looking for strength in CHFHi Traders, Looking at NZDCHF, we can that price impulsively pushed down from mid 0.65 which made bearish continuation which then pushed down further creating another continuation correction. Price is moving within an LTF ascending channel which we should see a drop to the lower boundary 0.611 range. As the Global events happening between Russia and Ukraine, safe haven currencies are strengthening which CHF is expecting to see growth. If we get a breakout of HTF correction there is possibility to continue its fall as investors see CHF as a safe haven currency when the world is is question. This will be interesting to watch for next week. Share a comment below and let me know your view on this pair! Click the like button if you agree with this idea! Good luck
Short
by ktlfx