NZDCHF – Sellers face off stronger, now we'll get answer from th
NZDCHF – Sellers face off stronger, now we'll get answer from them
Trend: Sell/ Neutral
Support/Resistance:
R2: 0.63647
R1: 0.63361
S1: 0.63069
S2: 0.62908
Price action:
Sellers retraced very strong this time from candle patterns. But still the market is in smaller timeframe in buyers era. Untill sellers retrased perfectly from second support, we can't say, sellers overtook the market. But still is might be very good sell based on patterns we can see.
Potencial trade idea:
Bulls targets:
T1: 0.63647
Bears targets:
T1: 0.63069
T2: 0.62908
NOTE – We are trading NZDCHF via the preferred trading setups by EliteFxAcademy
Trend: Sell/ Neutral
Support/Resistance:
R2: 0.63647
R1: 0.63361
S1: 0.63069
S2: 0.62908
Price action:
Sellers retraced very strong this time from candle patterns. But still the market is in smaller timeframe in buyers era. Untill sellers retrased perfectly from second support, we can't say, sellers overtook the market. But still is might be very good sell based on patterns we can see.
Potencial trade idea:
Bulls targets:
T1: 0.63647
Bears targets:
T1: 0.63069
T2: 0.62908
NOTE – We are trading NZDCHF via the preferred trading setups by EliteFxAcademy
Trade closed: target reached:
We reached the target so you can move SL on breakeven or in plus and go with the trade.