PeNuel2020

NZDCHF - MORE SELL-OFF FROM HERE

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
(Don't forget to like this idea and follow me for more updates. Thanks a lot!!!)

KEY REASONS FOR FURTHER SELLING NZDCHF:
PAIR IS HAS BROKEN AND RETESTED A MAJOR R/S LEVEL
PAIR IS CURRENTLY TESTING A KEY DESCENDING CHANNEL BUT BELOW A KEY D/S ZONE


NB: We have taken this trade from the very rejection demand/supply zone it was rejected. Now, we want
to see further sell-offs. So, let's see how it pans out. R:R is good from the setup and this is the 2nd scaling.
Check previous analysis on NZDCHF for the 1st scaling that was profitable.
Always remember that nothing is fixed in this FX market. So, obey your rules, your plans and management.
And bear the disclaimer below in mind. Thank you. Leave your comment below, please.


DISCLAIMER: Please note that this is not an investment advice for anybody to run or undertake; It is for
educational purposes only and they are my personal views on these assets. If anything goes south, I am not liable.
Also, know that Forex is a high risk and reward business. So, do not trade with borrowed money or the one you can
not afford to lose

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.