NZDJPYHello guys!
waiting for the price to return to the demand area at the price of 86,531 and waiting for rejection on the lower timeframe
Snrlevel
SNR - Entry NZDCHFNZDCHF on the first day of second week in the first month of 2023, spotted a SNR level. where the price was support initially and then become resistence on the breakout marking out 4 strong rejections and breaking on the fifth one.
this entry will be on the first level of support becoming zone.
cons are price too shaggy and might not hold that zone but could mitigate the extremes.
usdchf trading plan usdchf has the potential to decline towards the best demand area at 0.92607
I will see first if the area will experience a reversal and of course with a small stoploss level
while in the sell area you can place the newly formed supply area at 0.944 - 0.946
