CHFNZD trade ideas
short side nzd/chfHello guys i had find this selling setup in 15m timeframe i had seen double top in higher timeframe and also market structure broken we have a good selling opportunity after some retracement also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow thank you
NZDCHF LONG IDEANZDCHF has been moving in desceneding channel after the impulse down push price has found a low and started to push upwards and broken first structure and retested in 4hr. In 1hr bullish momentum is visible and in 15 min a small downward trendline has broken and its retest area also corresponds with 1hr structure retest area. Also huge imbalance to fill created by downfall , better to wait for retest for better RR and confirmation
💡Don't miss the great buy opportunity in NZDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 0.6503
TP2= @ 0.6534
TP3= @ 0.6569
TP4= @ 0.6632
TP5= @ 0.6701
SL= Break below S2
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💡Don't miss the great buy opportunity in NZDCHFTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.6406).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCHF is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 0.6476
TP2= @ 0.6504
TP3= @ 0.6542
TP4= @ 0.6575
TP5= @ 0.6620
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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Trade well, ❤️
ForecastCity English Support Team ❤️
nzdchf on selling side Hello guys i had find this setup in 30m timeframe which is taking resistant in upper trendline and also broken structure we have a good short opportunity by above sl and below support also do your own analysis before taking any trade also if you like my analysis plz like share and follow thank you
💡Don't miss the great sell opportunity in NZDCHFTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.635).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NZDCHF is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 0.6300
TP2= @ 0.6265
TP3= @ 0.6235
TP4= @ 0.6185
TP5= @ 0.6110
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️