NZD/CHF - Day Trade - Quick 35 Pips

Updated
NZD/CHF is currently in a strong bearish momentum and is looking for a break further below.

As we can see from the candlesticks on the 4H chart and 1H chart, it hasn't been able to find support.

As it breaks the current price consolidation area, we can see it go down 35 more pips.

This is a quick day trade. Risk no more than 1-2% and wait for enough confirmation.

The move is canceled if a candle on the 4H closes higher than the last 2 candlesticks.

Trade safe.
Note
Do not enter yet, give it until 9AM+ to confirm its weakness..
Note
Move is canceled. No trades opened for now.
Beyond Technical AnalysisChart PatternsTechnical IndicatorsNZDCHFnzdchf1dnzdchf4hnzdchfanalysisnzdchfforecastnzdchfsellnzdchfsetupnzdchf_shortnzdchfshort

Disclaimer