NZDCHF-H4 CHARTHarmmonic pattern confirmation + Daily resistence hit = Good timing to sell
Tp: 0.70336 SL: 0.73314
Nzdchfanalysis
NZDCHF A quick flybyIt looks solid long. Cash build up seems to have ended and Magic-T is pointing upwards. Trading currently above all the trend lines and the overall trend is long. There is a potential small profit of a couple of hundred pips, but the risk/reward is fair.
NZDCHFthis pair is currently respecting the trend line and should moving back up to the 0.71200 area ..
NZDCHF - SHORT ! Ascending Triangle 0.5 fib made a good resistance now i am waiting for the price to test again the support down @0.69600 100 pips will be perfect win !
NZD/CHF Short?Price coning in upwards trend to previous S/R level. Fibonacci levels not drawn yet due to Dairy auction, it may cause interruption in pattern and price may break out to .71474 area.
NZDCHF POSSIBLE SCENARIO ! THIS IS THE POSSIBLE SCENARIO IN THE NZDCHF SCENARIO 1D CHART
IF IT BREAKS THE TRENDLINE AND SUPPORT PUT SELL ORDER @ 0.69000 AND TP @ 0.66500
NZDCHF: RSI + MACD + Structure support + falling wedge = LONG YOUR LIKE MATTERS : Give it a like if this has helped you in any way , follow for more ideas and daily updates.
