VladimirRibakov
Short

NZDCHF Sell Idea

OANDA:NZDCHF   NZD/CHF
D1 - Special or triple cycle completed, currently it looks like a retrace is happening.

H4 - We have two critical zones that has formed based on the fibo retrace and fibo expansion levels of the cycles.

Price has reached the first critical zone, we have bearish divergence, until this critical zone holds, we may look for more evidences of bearish pressure and then start looking for sells.

If the price moves higher then the next area to look for bearish evidences would be the second critical zone.
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