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KEY REASONS FOR FURTHER SELLING NZDCHF: PAIR IS HAS BROKEN AND RETESTED A MAJOR R/S LEVEL PAIR IS CURRENTLY TESTING A KEY DESCENDING CHANNEL BUT BELOW A KEY D/S ZONE
NB: We have taken this trade from the very rejection demand/supply zone it was rejected. Now, we want to see further sell-offs. So, let's see how it pans out. R:R is good from the setup and this is the 2nd scaling. Check previous analysis on NZDCHF for the 1st scaling that was profitable. Always remember that nothing is fixed in this FX market. So, obey your rules, your plans and management. And bear the disclaimer below in mind. Thank you. Leave your comment below, please.
DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable. Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can not afford to lose
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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.