NZDCHF AROUND A MASSIVE RESISTANCE
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
NZDCHF, BEARISH REVERSAL.
As we clearly see price around a massive resistance zone
Where we will be searching for new bearish reversal, however, and as we can see for now price is overall bullish.
For the bears to kick in we need a break below the structure, where the neckline is shown.
From a risk management perspective 1-2 Risk to reward ratio
Meanwhile and until that happens price can still dive higher before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
NZDCHF, BEARISH REVERSAL.
As we clearly see price around a massive resistance zone
Where we will be searching for new bearish reversal, however, and as we can see for now price is overall bullish.
For the bears to kick in we need a break below the structure, where the neckline is shown.
From a risk management perspective 1-2 Risk to reward ratio
Meanwhile and until that happens price can still dive higher before reversal.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Note
SEE YOU THERE GUYS: t.me/Snipers_F_x
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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.
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.