thillygoosth

NZD/CHF update

OANDA:NZDCHF   NZD/CHF
I posted the sell setup on Nchf and tried to explain the possible scenarios and showed you the area it might buy from. well, it shot off the 50% retrace fib. I would just like to point out when they consolidate at a trend line like that on the daily, they usually break out... It has a pattern that could have gone either way near term. The weekly looked like downside but we will probably at least get a 1-2-3 if it is moving in a downward direction... It doesn't have to be. it comes down to trading the setups based off price action. It can be making a combo swing pattern moving in an upward direction. I suggest you watch my live stream I will do this afternoon 6/8.

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