NZDCHF is currently making its way to the 618 fib where we are looking for a retracement back down to atleast the first structure level at 0.626.
Watching closely for rejection of our sell zone and lower timeframe bearish price action to indicate that the reversal is on the way.
Trade Idea: - Watch for rejection of 61.8 - On lower timeframe watch for your bearish trade criterias to be met - Target 0.626 (160pips), Next target 0.612 (300pips)
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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.