NZDCHF Bearish Analysis
Adding to my short position from my previous NZDCHF post
Adding based off the red trend line bounce and the potential double top formation in the green rectangle
Target zone is still the white rectangle zone at the bottom at the end of the AB=CD move (black lines)
MACD bearish divergence is displayed with the contrasting red and green trend lines
Adding based off the red trend line bounce and the potential double top formation in the green rectangle
Target zone is still the white rectangle zone at the bottom at the end of the AB=CD move (black lines)
MACD bearish divergence is displayed with the contrasting red and green trend lines
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