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Nzdchfforecast

Jamie Gun2Head - Selling NZDCHFTrade Idea: Selling NZDCHF Reasoning: Entry Level: 0.6217 Take Profit Level: 0.6182 Stop Loss: 0.6233 Risk/Reward: 2.19:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
Nzdchf longs...The pair has approached a strong HTF support confluence of a daily upward trend line and a weekly support level...After a brief downside manipulation to mop up sells, the stage is set for longs, a 4H minor downside trend line has been breached, though not convincinly enough, minor resistance is also offered by the yellowed region... A cute little bullish flag has been forming (highlighted in the purple rectangle) an impulsive bullish break of that and the minor structural resistances as shown should bring about some bullish action in the nearest future. If this was remotely useful to you, please support my work with a like and a quick Sub...Thanks.
Long
by LexyenHille