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NZD/CHF is in a directionless consolidation, we can see that the price as we can see on the chart , the pair is trading under the level of 0.6600 , any way if the pair succeeded in breaking 0.6600 , it will continue in it's up movements heading to 0.6650 and then 0.6700 is gravitating heavily to the downside. It has repeatedly found support at the 0.6740, yet after every bounce it tends to return to this area, creating a pronounced bearish bias.
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This pair has bullish trend so if some one has buy then he had got a great profit,now it is at 0.8030 and it will again movie upward for a while,but after touching its high point,it will move downward so the bid about sell will be in favor of traders at this time.
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Current price very is potential to fall again. this pair price already touched daily support level 1 and below trend line. Now the price try to move Downward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Sell position today. pivot point will be first target . after that price maybe can go to first support . stop loss area around resistance 1 level
Recomend Today = Bearish Trend 85%
ye pair abi strong resistance or fibo level zero par hai. agar ye es resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the market, need to trade with the right discipline and we should not think of making more money by taking high risks, and take low risk with high profit strategies.
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My dear sir nzdchf
Current price very is potential to fly again. this pair price already touched daily resistance level 1 and above trend line. Now the price try to move Upward. I think the price may touch daily pivot point frokhat ki satah par hai . so you can take Buy position today. pivot point will be first target . after that price maybe can go to first resistance . stop loss area around support 1 level
Recomend Today Bullish Trend 85%
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NZD/CHF trend is Sell
1 Resistance 0.6357
2 Resistance 0.6358
3 Resistance 0.6343
1 Supporting 0.6332
2 Supporting 0.6345
3 Supporting 0.6340
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I anticipate this pair NZD CHF have bullish course
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the cost is break Obstruction and Pattern Line and it is Flying Up side with having the Long signal from the explanatory SAR.
the market pattern could stay in this position and I expected help opposition levels.
I recommend to take LONG position today.
time allotment that is considered while making backing and opposition levels – Day by day and Week by week time allotment, think about the day by day monetary news before taking the exchange.
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Pivot, Resistance Levels and Support Levels for NZD / CHF
For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.633
Resistance Level (R2): 0.632
Resistance Level (R1): 0.630
Pivot Point: 0.629
Support Level (S1): 0.627
Support Level (S2): 0.625
Support Level (S3): 0.624
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Nzd/Chf > BEARISH
PIVOT POINT > 0.6281
S1 > 0.6267
S2 > 0.6259
S3 > 0.6245
R1 > 0.6295
R2 > 0.6304
R3 > 0.6318
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Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.