NZDCHF Sell Opportunity
Price is in major downtrend on daily time frame. Price has just pulled-back up and rejected the 0.5 fib level. Price has also rejected the resistance level and has created a double-top. Our stop loss is also placed above the descending trend line, which is acting as resistance and would be the 3rd touch on trend-line. This gives us a nice 2:1 trade ratio.
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