Paulfx

NZDCHF, D1

Long
OANDA:NZDCHF   NZD/CHF
A big shadow has been produced providing criteria for bearish move. A formed candlestick is at the the resistance and engulfed both wick and body of the previous candlestick. Also presence of of enough room to the left support this idea that the chart never turn at that point for approximately 3 months.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.