NZDCHF Will Move Lower! Short!
Take a look at our analysis for NZDCHF.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 0.546.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 0.544 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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CHFNZD trade ideas
DeGRAM | NZDCHF reversal from supportNZDCHF is moving under the descending channel between the trend lines.
The chart is above the support level, which has already become a reversal point twice.
We expect a rebound after the support is retested.
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NZDCHF - Follow the Trend!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NZDCHF has been overall bearish , trading within the falling red wedge pattern.
Currently, NZDCHF is undergoing a correction phase and it is currently hovering around the upper bound of the wedge.
Moreover, it is retesting the previous major low marked in green.
🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green low and upper red trendline acting as a non-horizontal resistance.
📚 As per my trading style:
As #NZDCHF approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
NZDCHF - Short after filling the imbalance !!Hello traders!
‼️ This is my perspective on NZDCHF.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. My point of interest is if price continue the retracement and fills the imbalance higher, then rejects from FIBO 0.705 level + institutional big figure 0.55000.
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NZDCHF: Your Detailed Trading Plan 🇳🇿🇨🇭
NZDCHF is testing a key daily horizontal resistance.
To short the market with a confirmation,
wait for a bearish breakout of 0.5457 on a 4H.
It will be an important sign of strength of the sellers.
The market will drop then at least to 0.544
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Quick NZDCHF Sell TradeJust kicked off a sell trade for NZDCHF, targeting the 0.54635 level. This is a short-term move, and the chart shows some recent volatility, suggesting a possible dip.
My strategy, which I’ve fine-tuned for these kinds of setups, points to a drop towards 0.54635. I’m expecting some quick fluctuations, but overall, I think we’ll see the price move down to hit this target soon—potentially within the next day or two.
I’ll be watching closely and might add to my position if there are brief spikes up. Keeping leverage low to manage risk, but the plan is to capitalize on this short-term movement.
This approach is all about catching the quick moves and taking advantage of the immediate price action. Fingers crossed for a swift ride to 0.54635
NZDCHF A Fall Expected! SELL!
My dear friends,
Please, find my technical outlook for NZDCHF below:
The price is coiling around a solid key level - 0.5478
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5444
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
NZDCHF Will Fall! Short!
Please, check our technical outlook for NZDCHF.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.547.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.543 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
NZD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello,Friends!
NZD/CHF is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 0.539.
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NZD/CHF BULLS ARE GAINING STRENGTH|LONG
Hello,Friends!
NZD/CHF downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 0.553 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the NZD/CHF pair.
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