NZDCHF Critical Zone Provides Bearish Opportunity

2
612
NZDCHF Sell Setup Forming At The Moment

Click To Join Our Community Telegram Group

Hi Traders! NZDCHF critical zone provides bearish opportunity for us. In the below video you will find a detailed analysis of this sell setup:

NZDCHF Daily Chart:

On the daily chart we have a critical zone that has formed based on the two trend lines and the strong resistance zone. Currently the price is nearing this critical zone, we also have hidden bearish divergence that has formed which we may consider as an evidence of bearish pressure. Hence everything looks good here for the bears and until the price holds below this critical zone, we may look for more evidences of bearish pressure on lower timeframes in order to join the bears.

NZDCHF Critical Zone Provides Bearish Opportunity

 

NZDCHF H4 Chart:

On the H4 chart we have a critical zone that has formed based on the fibo levels of the cycles and the price is nearing this zone. Once the price reaches this zone, we may then look for evidences of bearish pressure and then start looking for sells.

NZDCHF Critical Zone Provides Bearish OpportunityNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

If you want to learn how to do such analysis yourself, if you are looking for a professional team of traders and one of the best online trading communities, If you are looking for enormous archive of Webinars, Trading Tools, Trading Strategies, Books, Indicators, Expert Advisors and much much more, join my traders academy club for only $197 PER YEAR.

Join Traders Academy Club Now 

Also you can get one of my strategies free of charge. You will find all the details here

 

Regards,

Yordan Kuzmanov
Chief Trader at Traders Academy Club

Advertisement

Click To Join Our Community Telegram Group

SHARE

2 COMMENTS

JOIN THE CONVERSATION - I ALWAYS REPLY (VLADIMIR)

Please enter your comment!
Please enter your name here

We respect your privacy and take protecting it very seriously.