Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.6036). 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 uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Price is approaching daily FTR with compression. there may be hig chance of reversal from the daily FTR zone.
channel pattern breach in NZDCHF i am expecting short fall in nzdchf with respective target SELL NZDCHF @ 0.6065 TP1 : 0.6005 TP2 : 0.5910
when break the trend line and kept new high take then 2nd entry
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.618). 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...
Price is formed a larger pattern bear flag and inside the pattern it is also formed an ascending channel hence adding more confluence to our trade that it is going to go short. It has also formed a 3 touch pattern completion which also adds more evidence to your sell entry.
TP0.6244,0.6343,0.64882 The uptrend on the cards - EWT SL 0.60109 Stay Blessed in Christ Jesus
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.6125). 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...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.624). 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 above the 21-Day WEMA which acts as a dynamic...
Looks like head & shoulder pettern and also there is divergence in RSI. very soon price will come down
A clear divergence in NZDCHF four hourly chart with resistance of long term down trend line makes it a good opportunity for swing trade.
Price has found itself in a battle between the resistance and extensive support areas. Will look to short under 0.58976.