OFPA_FX

NZDCHF: Selling the pull back

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
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4
Price consolidated for 5 weeks after an impulse down move on 6th Jun and finally make a break out to the downside on Fri which took out a flip zone and a upward slopping trend line . Will be looking for price action entry back at the flip zone to target the fib 61.8 of the bigger up swing from 18th May.

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

PRICE ACTION only tell half the story. The other key half is VOLUME . For VOLUME drive price.

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