EliteFxAcademy

Quite bad for you to not take NZDCHF stake

Long
OANDA:NZDCHF   NZD/CHF
Hello everyone and our Elite traders

NZDCHF currency pair is showing BUY performance, while daily sellers were slaped. Last swing from the whole price action story is showing strong buyers performance for overall trend idea.

If we are looking closely from H4 timeframe, you can see price get to the next decisional point. This gave us to targets based from next buyers steps. If price get denied, we can expect new swing (rest) and new time for buyers continuation.
Second, if buyers will continue higher without stops, we can see our first target lower, but still great to entering buy position.

At the moment price is at neutral zone and might continue trend or fall into a possible range idea.

Keep close aye on this trade. Watch also previous AUDJPY analysis.

Good trading

ELitefxacademy

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