NZD/CHF
Short

NZDCHF H4 TF, Next trading opportunity.

Hello Traders, today I'm looking at the NZDCHF trading pair for possible shorting opportunities and here's why :

-We've seen the market react off a current supply zone and usually, for the demand and supply traders, a trading opportunity would have been right at that reaction/rejection.

-Although we missed the first entry, we see that the market formed a double top at the supply zone and the possibility of a pullback to say 50% fib level exist.

- If we get the pullback, then we would short to the next structure support level, keeping our RR at a minimum of 3.

Stay Reactive nonetheless.
Chart PatternsTechnical IndicatorsNZDCHForderblocksorderflowpriceactionSupply ZoneTrend Analysis

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