NZDCHF -Sunday analysis
NZDCHF - We can see we have broken out of this 4hr timeframe where we can now wait for price to retest for confirmation that price will reverse down.
A nice confluence level to this trade will be 0.61122 as we can see a nice rejection zone recently.
We just need to keep this in the watchlist and see how the market plays out. Patience is key to trading, it is better to be out of the market than forcing a trade.
If you need help with your charts drop me a message.
A nice confluence level to this trade will be 0.61122 as we can see a nice rejection zone recently.
We just need to keep this in the watchlist and see how the market plays out. Patience is key to trading, it is better to be out of the market than forcing a trade.
If you need help with your charts drop me a message.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.