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Nzdchfshort

NZDCHF potential reversal! NZDCHF expected to rise up to 1st resistance at 0.64278 where it could potentially react off and drop down to 1st support at 0.63785. *Disclaimer.* Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
Short
by Pepperstone
1
NZDCHF sell on H5Note : we have seen the price clearly breakdown the support level and now that level is becomes resistance, if you understand what I mean, this is a good call ;) Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
NZDCHF sell on H5Plan : trendline breakdown --> wait for prices to bounce off trendline resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
IS THAT A DOUBLE TOP I SEE?!? SHORT NWHello Traders, I believe that I see a double top that formed on the Daily time frame and has attempted its LH and got a MASSIVE BEAR PINBAR setup or major zone rejection on the 12h and 4h. Giving us bear signals to be ready for a break to the downside. Now there seems to be one more Past HIGHER LOW area on the daily that will need to be pasted in order for this entire move to happen so I will show pictures in the comments of what I mean but if it breaks this 12h zone and closes below it should be good to proceed down! Ill keep you updated, good luck and always NO DAYS OFF UNTIL EVERYDAY IS A DAY OFF
Short
by tayg23