NZDCHF is in a bigger channel and has approached the channel support. We have reached the channel support within a descending channel which is typically a reversal pattern. Also, we can draw a descending trendline and watch for breakout and put stops below the channel.
Looking for the previous top as take profit.
Goodluck and trade safe!
Looking for the previous top as take profit.
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
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Free Telegram: t.me/Wicktator
Forex VIP: t.me/WicktatatorVIP_bot
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.