Malika_Analysis

NZDCHF TO RESTEST AND FALL AGAIN

Short
FX:NZDCHF   New Zealand Dollar/Swiss Franc

FX:NZDCHF - Price moved bearish and the corrected in a flat manner before breaking bearish again. Price is showing potential to hold on the support i have marked and then retrace at least 50% of the bearish move from when it broke from the flat correction before falling again.

Entry - Grey line
Take profit - Green line
Stop loss - Red line
Risk to reward - 1:2

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I agree.
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