NZDCHF 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...
Trading 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...
Trading 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...
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
Hello Guys,
As my Prediction, NZDCHF gonna loss in value Because it seems that long upper wick rejection occurs in the resistance zone.... So i guessed it gonna loss...
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Trading 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...
