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NZDCHF | BEARISH trade OPPORTUNITY 📉

Short
New Zealand Dollar/Swiss Franc (FX:NZDCHF)  
fxtraderkristina  
FX:NZDCHF   New Zealand Dollar/Swiss Franc
Trend Analysis Chart Patterns Technical Indicators NZDCHF nzdchfanalysis nzdchfshort swingtrading daytrading forexsignals NZD chf
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trendanalysis chartpattern indicator nzdchf nzdchfanalysis nzdchfshort swingtrading daytrading forexsignals nzd chf
- There's a solid chance for a short trade here.
- Multiple time frames show a downward trend, and a weekly bearish engulfing candlestick pattern is forming, indicating bearish power in the market.
- Closed bearish engulfing candle on the 1-hour time frame, it bounced off of a recent resistance area.
- In addition, NZD is being sold off by hedge funds, which is in our favor.


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