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Chibuike_Odoh
Dec 13, 2020 7:31 PM

NZDCHF - Potential retracement 🔽 Short

New Zealand Dollar/Swiss FrancFXCM

Description

NZDCHF brokeout above the symmetrical triangle resistance.
RSI is printing a bearish divergence signal.
Price is printing the head and shoulders trend reversal pattern.
Sell entry ⬇️ - breakdown below the head and shoulders neckline support.
Target 🎯 - fibonacci retracement levels.
Setup invalidation ❌ - breakout above the shoulder resistance level.
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