nzdchf buy setup found
market for nzdchf coming in good emmotions of sellers,
i can see a good suport for nzdchf, from there nzdchf may go up side
we need to wait for break trendline and retest market on trendline
as it retest on trendline, we can buy nzdchf
Here is the Top-Down Analysis of NZDCHF (Monthly, Weekly, Daily for direction and 4H for entry) for
Week 44 - 26 Oct
M > Market is moving in a downward channel with few breakouts. Price moved up to test previous support now turned monthly resistance and faced rejection.
W > We can notice that price is facing rejection from supply zones that...