thillygoosth

NzdChf sell

Short
thillygoosth Updated   
OANDA:NZDCHF   NZD/CHF
I posted this one, pointing out that it retested the trend line after making a small flat, which to me is confirmation on sell, As far as targets, I will update. Audchf and nchf both looking downside. At least 1hr TDI is showing more room down this morning. These pairs can really consolidate and take forever though so keep that in mind
Comment:
Nchf may be creating a bull trap flag and still make that correction for the sell, but it can really extend considering chfjpy and the correction it made lower down, so I wouldn't want to just hold it until the next supply zone, u would be trapped. However, NZDUSD is at the exact .618 fib retracement measurement as we speak. So if you are still in nchf, I wouldn't freak out yet, but I would definitely recommend making sure u are not in it if it continues upwards. This was just looking for a small correction, not a reversal.

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