Btechforex

NZDCHF H4 Swing Trade Signal

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc
We are looking at NZDCHF to be bearish for this week

* Price has retested the current key level resistance several times and failing to break above
* We can also see a strong rejection on the M15 & H1 telling us the bulls are giving up for the bears
* Once we get another retest of key level resistance at around 0.61040, then we should be ready for a nice swing
* Our TP areas are TP1 & TP2
* We advice you close partial at TP1 and trail some positions for TP2
* Always apply proper money management to all trade executed

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.