H1 time frame.
Structure: Downtrend.
After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500.
Wait for another retest to this price, then you can look for selling opportunities.
The profit target is the 0.63700 and 0.62400 zones.
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Wish you all have a good trading day!
Structure: Downtrend.
After a strong move down to create a new bottom forming a downtrend, the price of NZDCHF is showing signs of retesting the previous support at 0.64500.
Wait for another retest to this price, then you can look for selling opportunities.
The profit target is the 0.63700 and 0.62400 zones.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Disclaimer
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
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.