NZDCHF Bearish Setup: ABCDE Pattern Completed
NZDCHF has completed an ABCDE pattern and is showing signs of a potential bearish movement.
The pair may decline further from the current market price, or it could make a brief correction before moving downward, as indicated on the chart.
The previous bullish momentum was weak, suggesting that the upcoming bearish move could unfold more quickly.
📍 Key Reversal Zones:
The price may react around these levels: 0.4945, 0.4930, and 0.4915.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDCHF has completed an ABCDE pattern and is showing signs of a potential bearish movement.
The pair may decline further from the current market price, or it could make a brief correction before moving downward, as indicated on the chart.
The previous bullish momentum was weak, suggesting that the upcoming bearish move could unfold more quickly.
📍 Key Reversal Zones:
The price may react around these levels: 0.4945, 0.4930, and 0.4915.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
Target_1 Reached
Trade closed: target reached
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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.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.