🔻Potential SELL setup for: NZD/CHF
👩🏽💻Technical: Monthly & weekly time frames are suggesting strong bearish power in the market based on the recent moving average of 20 crosses on the weekly. On the daily, I have marked a strong support zone that has not been broken yet, along with a moving average of 100.
🎯 For an ideal entry: I would aim to wait for the price action to break 4-hour support, push > exhaustion to the previous area of sensitivity, and then potentially enter on a bearish engulfing candlestick closure if possible. Aiming for a possible 0.57415 level, which corresponds to the previous daily bottom.
🎯 For an ideal entry: I would aim to wait for the price action to break 4-hour support, push > exhaustion to the previous area of sensitivity, and then potentially enter on a bearish engulfing candlestick closure if possible. Aiming for a possible 0.57415 level, which corresponds to the previous daily bottom.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.