NZDCHF in Bearish Channel on the 4HR
NZDCHF is in a bearish channel, however A bullish shark pattern was formed on the 4HR suggesting that price will go up to the resistance of the channel before possible sell. Buy opportunity still exist. Bias is to wait till price touches trend line below current price before buying to TP1 at MRA below the 88.6% on the FIB retracement and TP2 at 88.6% level on the FIB. Trade with proper risk management. Follow @human.scanner and @instatf, PIPSGlobally on Instagram
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