NZDCHF Losing Strength | Sellers Target Lower Levels๐ป๐ง NZDCHF Losing Strength | Sellers Target Lower Levels ๐ฏ
Overview:
NZDCHF is showing bearish continuation signs, with price reacting near a key supply area, opening the door for further downside movement.
Sell Zone (Focus Area):
๐ด 0.4600 โ 0.4595
This zone acts as a resistance area where selling pressure is expected to remain active.
Downside Targets:
๐ฏ Target 1: 0.4570 โ Initial downside reaction
๐ฏ Target 2: 0.4560 โ Continuation target
๐ฏ Target 3: 0.4550 โ Deeper downside objective
Why This Setup Works:
โ Price respecting a clear resistance zone
โ Bearish structure remains intact
โ Smooth downside path with defined targets
Trade Management Insight:
Scaling out at each target helps secure profits while maintaining exposure for further downside continuation.
Execution Guidance:
Allow price to confirm rejection or acceptance near the sell zone before entry. Precision improves outcomes.
Final Note:
As long as price remains below the resistance zone, the probability favors a move toward lower targets.
โธป
โจ Special Note for Serious Traders
If you value clean setups, precise targets, and disciplined execution over emotional trading, feel free to connect. I work with traders who focus on structure, patience, and long-term consistency.
