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The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
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Today market analysis and trend:sell
Indicators and Moving average market ke down hony ka bata rahe hain
Resistance and Support points se bhi market down hoti nazar a ri hai
Hamain sell main trade lagani chahiye
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Today
market trend: Bearish Buy
According to the indicators MACD, RSI, Bollinger Band, Parabolic Sar tells about market going up
Resistance points and Support points going up and moving average also tell a about market up
if we want take good profit so learn the knowledge and gain a experience about forex trading
forex trading is a tree of money and hardworking is a key of success
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NZD to CHF . If you are looking for foreign exchange rates with good return, NZD to CHF can be a bad, high-risk 1-year investment option. NZD/CHF rate equal to 0.615 at 2020-06-17, but your current investment may be devalued in the future.
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everyone use his strategy by its own opinions. some peoples used fundamental approaches, some people used moving averages and other then used supports and residences,who help him to make his strategy .
market trend for this pair
technical indicator for analyzing :
Momentum : Bullish
Simple Moving Average : Bullish
Pivot points : Neutral
Ichimoku : Bullish
Resistance and Support points market ke nechay janay ke haq main hain. Buy ki trade profit de gi.
Indicators ko follow karte hoye aur apni samjh soch ke sath trading karni chahiye.
I recommend this trading trend for all my friends because I made this recommendation after the great experience of trading and analysis of fundamental approaches.
If you want become Successful Trader In forex business, do hardwork and get more knowledge and experience about forex trading
I hope you can earn more profit this week
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Today market trend:ßearish Sell
Resistance points and Support points going down in 4 hours chart
According to the famous indicators market goes down so we want do the trading in sell
Keep confidence and take a huge profit in forex trading because the confidence is a main key of success
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Today market trend:ßearish Sell
Resistance points and Support points going down in 4 hours chart
According to the famous indicators market goes down so we want do the trading in sell
Keep confidence and take a huge profit in forex trading because the confidence is a main key of success
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Pair: NZDCHF
Current price: 0.6759
Resistance level 1 0.6772
Resistance level 2 0.6788
Resistance level 3 0.6799
Support level 1 0.6747
Support level 2 0.6730
Support level 3 0.6716
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NZD to CHF . If you are looking for foreign exchange rates with good return, NZD to CHF can be a bad, high-risk 1-year investment option. NZD/CHF rate equal to 0.615 at 2020-06-17, but your current investment may be devalued in the future.
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Today market trend: Bullish
Resistance and Support points are depend on market news
So before trading see indicators and then take a decision for trading
Always keep patience and get a huge profit in your trading
Come in forex trading and become a ßillionaire
