NZDCHF Sell
The price is in a downtrend on the 4-hour chart, retracing to the previous support level, which has now turned into resistance.
On the 15-minute chart, the price has created a range consolidation at the 4-hour support/resistance level and then broke downward from that range, followed by a retest.
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The target price is initially set at the next support level on the 4-hour chart.
The take-profit to stop-loss ratio is 3:1, and the take-profit level may be adjusted based on market dynamics
On the 15-minute chart, the price has created a range consolidation at the 4-hour support/resistance level and then broke downward from that range, followed by a retest.
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The target price is initially set at the next support level on the 4-hour chart.
The take-profit to stop-loss ratio is 3:1, and the take-profit level may be adjusted based on market dynamics
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