H2 time frame.
Structure: Downtrend.
The price formed a retracement wave and retested the 0.64500 resistance.
After forming a new high, the price immediately down sharply with the upward momentum also weakening.
Waiting for a candlestick pattern to appear, NZDCHF can be sold.
The profit target is the 0.63600 zone.
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Wish you all have a good trading day!
Structure: Downtrend.
The price formed a retracement wave and retested the 0.64500 resistance.
After forming a new high, the price immediately down sharply with the upward momentum also weakening.
Waiting for a candlestick pattern to appear, NZDCHF can be sold.
The profit target is the 0.63600 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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