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Jun 3, 2020 9:34 AM

ANALYSIS ON NZDCHF SHORT ENTRY ON THE 4H AND 1H TIMEFRAME 

New Zealand Dollar/Swiss FrancFXCM

Description

NZDCHF SAW STRONG SELL PRESSURE ON THE MONTHLY LOWER ZONE
AN IMPULSIVE MOVE BY TH PRICE WE SAW A PUSH TO THE DOWNSIDE ON THE 4H TIMEFRAME
NOW WE WAIT FOR EXHAUSTION ON THE 1H (RETEST OF THE SELL PRESSURE) AND RE INJECTION OF SELL PRESSURE

THIS TRADE WILL BECOME INVALID IF PRICE BREAKS MONTHLY ZONE TO THE UPSIDE

Comment

PLEASE COMMENT DOWN YOUR OPINIONS ON THIS ANALYSIS
ALL OPINIONS ARE RESPECTED AND WELCOME
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