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Nzdchf-short

NZDCHF push off resistance and fallIn early November, the price bounced off the support line 0.606. This was the basis for strong growth. Until the price came to the resistance zone. At the end of the month, it touched the resistance line 0.638. And for some time she moved along it. But then she fell. This movement is a correction for strong growth. Now I expect the price to rise again towards the resistance zone. The resistance zone to which the price will come is strong. This is the intersection of two lines from 2015 and 2019. In my opinion, the price will not be able to break through this zone (there is not enough support) and will fall to the support line. The target is 0.617. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
11
NZDCHF falling in two steps In December 2019, the price collapsed from the strong resistance line at 0.655. And for the entire 2020, she was unable to return to her previous positions. Now the price has again come to the same strong resistance line at the 0.638 point. A resistance zone formed here: the strong line of 2015 + the line of 2019. The price never broke through the 2015 resistance line. And this time also began to fall from her. I expect the price. 1. Will break through the nearest support line 0.613 and consolidate on it. 2. Will fall to the 0.594 support line. This is the goal. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
5
NZDCHF good sell signalIn my previous analysis, I said that the price had bounced from strong support line and after break strong level, it was going to reach resistance line. This forecast came true. Today the price has come to the resistance line from Julie 2020. I expect the price to fall towards the support line. This tells us a good sell signal. The expected TP is at the support line positions. Mandatory SL - resistance lines. -------------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Short
by DeGRAM
12
#NZDCHF Best Set Up For Coming Week...#NZDCHF Best Set Up For Coming Week... For me this Minor Pair looks really good We can see a H&S Formation in the TOP of the structure Also WE can se a Hidden Channel and how price reacts is lovely Personally I would expect a Drop Nice Areas For Sell Entries: 0.6225 and 0.61575 Invalidation Level: >0.6275 Profit Area: 0.6025 And 0.5925 🔱38 and 62 Emas (Price is Testing ) 🔱200 EMA Lower 0.602x (MAJOR Level Of Confluence) 🔱🧮HEAT MAP🧮 Showing Consolidation in certain levels
Short
by Anderson-FX
1