PAIR: NZDJPY
CHART TIMEFRAME: H1
TREND ON THE CHART TIMEFRAME: BEARISH
CURRENT PRICE: 0.68999
POSSIBLE “PREDICTED” PRICE ACTION: NZDCHF is testing Fibo 78.60. If can not break above, the price may test 0.6884 support. And it may decline towards 0.68400. This level would give us a Long Trade opportunity with good risk reward ratio.
CHART TIMEFRAME: H1
TREND ON THE CHART TIMEFRAME: BEARISH
CURRENT PRICE: 0.68999
POSSIBLE “PREDICTED” PRICE ACTION: NZDCHF is testing Fibo 78.60. If can not break above, the price may test 0.6884 support. And it may decline towards 0.68400. This level would give us a Long Trade opportunity with good risk reward ratio.
Yorum:
Pattern worked as predicted.
Yorum:
We genarated 100 pips and closed the trade.
