CHFNZD trade ideas
nzdchf analysisTrade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD upto tradingsysten
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
NZDCHF 4 Hour Analysis (28 June 2023)NZDCHF 4 Hour Analysis (28 June 2023)
1. We can see the price is in a pattern
2. Also, for pattern breakout we need to check
the two KeyLevels, i.e. KL1 and KL2
3. So, if price breaks KL2 and lower trend, we can
go bearish
4. If price breaks upper trendline and KL1 we
can go bullish
But, for either cases we need to check the +DI and
-DI lines in DMI or in ADX
NZDCHF 4 Hour Analysis (22 June 2023)NZDCHF 4 Hour Analysis (22 June 2023)
1. CH1 and CH2 are constructing one channel
for the prices
2. Price is in a strong base which was
previously supply, but later it was demand
so, we need to see now how the base is
converting itself
3. also, we can see one T1 (recent trendline),
this trend break followed by retest will
help to enter a short trade
4. CH1 break will determine entry in
long trades
NZDCHF Trading Plan - 12/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect NZDCHF to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
NZDCHF BULLISH FORECAST * Ascending triangle, mostly found in uptrend, and mostly bullish continuation.
* The RBNZ increased it's interest rate by 75bps as expected, and the RBNZ were Hawkish, hence we expect more bullish presure with NZDCHF and NZD related pairs.
* Break below the triangle may violate the pattern.
Note:
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Nzdchf short positionNzdchf sell now @ 0.57460
Stop loss 0.58770
Target 0.55102
Trade based on pure price action levels open the sell trade and thanks me later
Later before we opened a long trade on 20th October 2022 and target also completed now we are doing short
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