NZDCHF > Shorting Opportunity!
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Analysis of #NZDCHF
Here we have a rising channel formed at trend line resistance, this pattern usually a sign of change in direction of the trend or let me say a relief rally to the downside is expected, you can be aggressive and try to enter now, ad risk getting stopped out of the trade and try another time, or be conservative and wait for more accurate entry as confirmation of breaking to the downside, I will wait on this one as I have seen this pattern could go for more consolidation
> Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
Analysis of #NZDCHF
Here we have a rising channel formed at trend line resistance, this pattern usually a sign of change in direction of the trend or let me say a relief rally to the downside is expected, you can be aggressive and try to enter now, ad risk getting stopped out of the trade and try another time, or be conservative and wait for more accurate entry as confirmation of breaking to the downside, I will wait on this one as I have seen this pattern could go for more consolidation
> Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
_____________________________________________________________________________
Before trading our ideas make your own analysis.
_____________________________________________________________________________
Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
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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.