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NZD/CHF
Short

NZDCHF MTF Fakeout Play

By FinancialGamblR
  • Pretty strong conviction here as I'm seeing a false breakout on the daily level.
  • Price traded above the 0.65 level for a day and failed to hold above it. It traded right back below this level with equal strength on the following day.
  • Over on the 4-hour timeframe, the upside is exhausting so I am expecting downside momentum to pick up.
analysisCandlestick AnalysisdaytradingForexNZDCHFpriceactionSupply and DemandSupport and Resistancetrading
FinancialGamblR

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