Illusion - Stocks have recovered and all our problems are over.
Reality - This is a deep retracement and it means the sell off is going to be stronger. The NZDCHF bull run has come to an end and there is a M15 pattern to short.
H4 divergence present although not overbought M15 divergence present
Trade closed: target reached
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Perfect trade for 115 pips. Markets fell just as we predicted.
19/05/22 DEAL NZD/CHF Mini SD80.02 19/05/22 NZD/CHF Mini SD75.46